CMA CGM and Saigon Newport Corporation to Develop $600M Deep-Water Terminal in Haiphong, Vietnam
CMA CGM Group, a global logistics leader, has signed a partnership agreement with Saigon Newport Corporation (SNP) to develop a new deep-water container terminal in Haiphong, Northern Vietnam. Named Lach Huyen Terminals 7&8, the facility will add 1.9 million TEUs of capacity and is set to commence operations in 2028.
Strategic Investment to Support Northern Vietnam’s Booming Container Trade
The Lach Huyen development responds to a sharp increase in container traffic through Northern Vietnam, now one of Southeast Asia’s most dynamic economic regions. With trade volumes fueled by export-led manufacturing, the region demands expanded port infrastructure to support global logistics efficiency.
Lach Huyen Terminals 7&8 to Deliver 1.9 Million TEU Capacity by 2028
Situated in the strategically located Lach Huyen port area, the project involves joint design, construction, and operations by CMA CGM and SNP. Total investment is estimated at USD 600 million.
Terminal Design, Construction, and Operations to Be Jointly Managed
The project highlights CMA CGM’s deep-rooted strategy to build strategic capacity in high-growth regions while partnering with established local leaders like SNP, Vietnam’s largest port operator.
Strengthening Vietnam’s Role in Global Supply Chains
By enhancing infrastructure in Haiphong, CMA CGM secures long-term access to critical trade lanes linking Southeast Asia with the Americas, Europe, and intra-Asia markets. This reinforces Vietnam’s growing prominence as a core node in global manufacturing and logistics.
Built on CMA CGM’s Established Presence and Intermodal Network
CMA CGM has operated in Vietnam since 1989, with five offices and a strong footprint through 29 weekly services across seven Vietnamese ports. It also co-owns terminals in Ho Chi Minh City and Cai Mep, leveraging CEVA Logistics’ inland capabilities to deliver end-to-end connectivity.
Conclusion: Long-Term Bet on Southeast Asia’s Trade Growth Trajectory
The Lach Huyen 7&8 terminal project reflects CMA CGM’s confidence in Vietnam’s economic trajectory and reaffirms its commitment to investing in future-ready port infrastructure. As regional demand accelerates, the Group’s collaboration with SNP is set to play a pivotal role in shaping Vietnam’s next chapter in maritime trade leadership.