Vietnam loses $2.4 billion as deep-water port has insufficient infrastructureVietNamNet Bridge - Vietnam spent big money to build a deep-water port but did not build infrastructure for ships to go in and out of the port. If goods can be shipped with large vessels, goods owners can save $200-300 per container compared with small vessels,” he said. With the current import/export turnover, Vietnamese goods owners bear a loss of $2.4 billion every year because they cannot use a deep-water port. Vietnam has one modern deep-water port complex, CMIT (Cai Mep International Terminal), the only one in Vietnam which can receive vessels with tonnage of 18,000 TEUs. Vietnam has one modern deep-water port complex, CMIT (Cai Mep International Terminal), the only one in Vietnam which can receive vessels with tonnage of 18,000 TEUs.

Source: VietNamNet News December 30, 2017 05:21 UTC