ANN/ VIETNAM NEWS – Vietnam’s maritime industry witnessed robust expansion last year, with port enterprises posting substantial profits, according to the Vietnam Maritime Administration.
The total cargo volume passing through the country’s port system reached approximately 864.4 million tonnes in 2024, marking a 14-per-cent increase from the previous year.
Container throughput also surged, rising 21 per cent to an estimated 29.9 million twenty-foot equivalent units (TEUs).
Hai Phong Port reported a cargo throughput of nearly 40 million tonnes, attributing its profit growth partly to compensation received from Hai Phong City for land reclamation linked to the Nguyen Trai Bridge construction and urban renovation projects in May To ward, Ngo Quyen District.
Looking ahead, Hai Phong Port is set to commence operations for phase one of berth three at Lach Huyen in the first quarter of 2025, a move expected to further drive business expansion.
Similarly, Dinh Vu Port Investment and Development JSC reported net revenue from sales and services exceeding VND694.3 billion in 2024.
The company’s profit after tax for the year reached VND336.2 billion, a slight increase from the previous year. In Q4 2024, Dinh Vu Port achieved a profit after tax of VND61.8 billion, up 8.9 per cent year-on-year.
In the central region, Danang Port JSC also experienced a prosperous year. The company announced revenue exceeding VND1.4 trillion in 2024, up 17.5 per cent over 2023.
Focusing on port-centric operations, Vietnam Maritime Corporation (VIMC) celebrated a profitable year in 2024.
