CMA CGM Group has entered into a public-private partnership to develop its first terminal in northern Vietnam, marking a significant step in expanding its global terminal operations in strategic ports. This investment aligns with the company's vision to support the region's robust industrial and logistics growth.
Having been active in Vietnam since 1989, CMA CGM currently operates 29 weekly services from seven ports across the country. The group is a co-owner of the Gemalink terminal in Cai Mep, southern Vietnam, near Ho Chi Minh City, and the Vietnam International Container Terminal in Ho Chi Minh City.
The new partnership with Saigon Newport Corporation focuses on the design, construction, and operation of Lach Huyen terminals 7 and 8 in Hai Phong, a French colonial port dating back to 1874. Hai Phong, located near Vietnam's northern border with China, is a key area for industrial and manufacturing development. The terminal will have a capacity of 1.9 million TEUs and is scheduled to open in 2028, representing a total investment of $600 million.
This strategic investment will enable CMA CGM to secure long-term capacity in northern Vietnam, one of Southeast Asia's fastest-growing economic zones. The project is designed to meet the sharp increase in container volumes in the region, which has become central to Asian supply chains due to its rapid industrial and logistics development.
The Port of Hai Phong recently celebrated the opening of Berth 4, which can accommodate fully loaded container vessels up to 100,000 dwt or approximately 8,000 TEUs. This expansion enhances the port's capacity to handle both domestic and international vessels.
Vietnam is actively working to expand its global exports, with the government pursuing a trade deal with the Trump administration to benefit from the U.S.'s shift away from Chinese imports.
