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Source: Socialist Republic of Vietnam

Thus, TCIT is the first deep-water port and the second container port in Vietnam after Tan Cang – Cat Lai port in Ho Chi Minh that has reached this record volume, contributing to the economic development of the Southeast region and southern provinces in general.

TCIT is a joint venture between Saigon Newport Corporation and Mitsui O.S.K. Lines (Japan), Hanjin Transportation (the Republic of Korea) and Wan Hai Lines (China’s Taiwan) which has been in operation since 2011.

Despite difficulties caused by the COVID-19 pandemic, the port has achieved impressive results in 2020.

The port is expected to handle 2.1 million TEU in the entirety of 2020, up 7% over 2019. The container handling capacity of the port reached 130 containers per hour, up 13% over 2019.

The port also posted rapid growth in throughput of about 27% per year and reported the second largest throughput in Vietnam.

MIL OSI Asia Pacific News