14TH NATIONAL CONGRESS OF THE COMMUNIST PARTY OF VIETNAM
Log in
Property

Hanoi to complete construction of inland container depots soon

The establishment of inland container depots (ICD) will shorten the customs clearance process for businesses in Hanoi and surrounding areas.

Hanoi’s authority is urging to soon complete and put Co Bi and Duc Thuong, the two ICD projects whose construction is delayed, into operation soon. 

These ICDs are part of the capital's development plan for the 2020-2025 period as well as to help businesses carry out customs formalities more quickly and conveniently. 

 The My Dinh ICD, one of the two current ones in Hanoi. HNT Photo: Tuan The

The Co Bi ICD project in Gia Lam District has a total area of 47.2ha, whose construction is divided into two phases with a first-phase cargo capacity of 380,000 TEUs a year and the second one of 760,000 TEUs. The project was expected to be completed in the fourth quarter of 2020 and put into operation in early 2021. 

However, to date, the project hasn’t been completed though the City People's Committee, on December 1, 2020, issued a document requesting investors to implement the project in accordance with the committed regulations and schedule. The city’s departments and branches were urged to closely monitor the execution of the project and report to the municipal authority for consideration and direction to solve any issues. 

Another project, Duc Thuong in Hoai Duc District, covers an area of 17.74 hectares with a capacity of 151,800 TEUs a year. The total investment of the project is VND1.7 trillion (US$74.8 million). It is expected to be put into operation in 2020. However, as of September 2021, the project has faced difficulties in land clearance.

Enhancing position

According to Dr. Phan Le Binh, a local traffic expert, the inland clearance depot helps to solve the situation of cargo congestion. Dry ports would boost import-export and logistic activities, thereby promoting international trade, facilitating access to foreign markets for exporters.

To create conditions for businesses to carry out import and export procedures in the locality, Hanoi’s leaders have paid great attention to the construction of logistics centers for years with two current inland ports of My Dinh and Long Bien. 

The My Dinh ICD has a total area of 55,000m2 including a system of bonded and container freight station warehouses, cold/cool storage, post-clearance warehouse, express delivery center, import-export cargo yard.

Long Bien ICD, located at Sai Dong B Industrial Park, is considered a major port of the North, linking with provinces and cities such as Hung Yen, Hai Duong, Hai Phong, Quang Ninh, Bac Ninh, and Thai Nguyen. 

With a storage capacity of about 135,000 TEUs a year, the Long Bien ICD is expected to be a modern logistics center meeting the increasing demand for logistics services.

According to the detailed planning of Vietnam’s inland port system to 2020, with a vision to 2030, the country would have eight dry ports and 16 cargo clearance points with a function as ICD. 

Among them, the North has seven ICDs and seven domestic clearance points while the South has one ICD and nine domestic clearance points. There is no ICD in the Central region.

Reactions:
Share:
Trending
Most Viewed
Related news
Hanoi to build VN's largest inland depot

Hanoi to build VN's largest inland depot

03 Feb, 13:31

The Hanoi People`s Committee has approved a proposal to build the country`s largest inland container depot (ICD) in Duc Thuong Commune, Hoai Duc District, west of the capital.

All citizens can access to affordable housing: PM

All citizens can access to affordable housing: PM

A house is a fundamental right for every citizen and everyone deserves equal, transparent and fair access to housing that fits their paycheck.

Western West Lake area poised to become Hanoi’s next-generation office center

Western West Lake area poised to become Hanoi’s next-generation office center

Driven by expanding metro lines, ring roads and a renewed West Lake master plan, Tay Ho Tay or the western area of the West Lake is emerging as a strategic office hub under Hanoi’s shift toward transit-oriented urban development.

Infrastructure plans fuel surge in Hanoi suburban land auctions

Infrastructure plans fuel surge in Hanoi suburban land auctions

Surging land auctions in Hanoi’s outlying communes, marked by sharply higher winning bids, point to returning capital and renewed confidence, while also stirring debate over speculation risks and whether prices truly reflect long-term demand and market fundamentals.

Tet renovation rush strains Hanoi crews, lifts finishing material costs prices

Tet renovation rush strains Hanoi crews, lifts finishing material costs prices

Hanoi’s home renovation market has entered its busiest stretch of the year, as year-end demand tightens contractor availability and raises the cost of finishing materials.

Vietnam construction materials rebound as prices rise and public investment accelerates

Vietnam construction materials rebound as prices rise and public investment accelerates

Rising steel and cement prices, stronger public investment spending and improving consumption across key material segments point to a broad recovery in Vietnam’s construction materials sector as 2026 begins.

Hanoi sets 40 sq.m housing space goal to lift urban living standards

Hanoi sets 40 sq.m housing space goal to lift urban living standards

Raising average housing space marks a people-centered shift in urban policy as the capital works to improve living standards, expand social housing and ensure that rapid economic growth goes hand in hand with safer and more livable neighborhoods.

Prime Minister urges measures to boost supplies and control house prices

Prime Minister urges measures to boost supplies and control house prices

Vietnam’s government is stepping up efforts to rebalance the real estate market as Prime Minister Pham Minh Chinh urges faster policy action to expand housing supply, address affordability pressures and ensure the sector supports both economic stability and social welfare.

Ho Chi Minh City forms first professional association for apartment management

Ho Chi Minh City forms first professional association for apartment management

Amid rapid urban growth, Ho Chi Minh City has established a professional body for apartment management, becoming the first locality in Vietnam to do so.