Log in
Property

The biggest inland port in North to be started

On May 15, the Hanoi People’s Committee started work of an inland depot in Co Bi Commune, Gia Lam District. That is the largest in the Northern key economic region.

Deputy PM Truong Hoa Binh and Chairman of the Hanoi People’s Committee Nguyen Duc Chung attended the groundbreaking ceremony. The port is located at a favorable contiguous position with National Road 1B, National Road 5, and the third belt road of Hanoi.
 



The US$116.5 million project will be implemented in two stages, targeting to provide customs clearance service for exports and imports in the North Viet Nam. The first stage, costing nearly VND 782 billion (US$ 35.5 million), is scheduled for completion in the fourth quarter of 2019. Once completed, it is capable of handling 380,000 TEUS. The second stage, worth VND 1.78 trillion (US$ 81 million), is designed to handle 760,000 TEUs annually once it is completed in the fourth quarter of 2020.

The project is invested by Hanel One-member Co Ltd and Lang Ha Tower Co Ltd. The depot will provide hi-tech logistics, support, storage and distributions services for economic and industrial zones in the east of Ha Noi and adjacent provinces. Chairman Nguyen Duc Chung called on investors and constructors to ensure safety, quality, and progress of the project.

Reactions:
Share:
Trending
Most Viewed
Vietnam tightens social housing rules, orders recovery from ineligible recipients

Vietnam tightens social housing rules, orders recovery from ineligible recipients

The prime minister has issued a new directive that requires authorities to recover social housing units sold to ineligible recipients and strengthen enforcement to prevent fraud and abuse.

Hanoi opens applications to buy former rental social housing units

Hanoi opens applications to buy former rental social housing units

Social homes having been rented for two years on the city's outskirts are now available for public interest.

Hanoi puts all land information services online to modernize public administration

Hanoi puts all land information services online to modernize public administration

Hanoi shifts all land-information procedures to a fully online platform, speeding up digital transformation, reducing costs and expanding transparency for residents and businesses.

Surging housing prices trigger urgent calls for stronger market and policy reforms

Surging housing prices trigger urgent calls for stronger market and policy reforms

Vietnam faces steep housing price increases due to shrinking supply, rising speculation and slow legal reforms, prompting a call for urgent policy action and expanded affordable housing.

Hanoi apartment market heads for major supply surge beginning in 2026

Hanoi apartment market heads for major supply surge beginning in 2026

Hanoi’s apartment market is entering a new growth phase with a strong supply wave expected from 2026 as major projects launch across all segments from social housing to high-end developments.

Two social housing projects offered for sale as Hanoi strives to meet mounting demand

Two social housing projects offered for sale as Hanoi strives to meet mounting demand

Hanoi launches sales for CT-05 and CT-06 social housing projects in Quang Minh Commune, offering low-cost units as the city faces rising housing pressure.

Vietnam creates National Housing Development Fund to boost social housing supply by 2030

Vietnam creates National Housing Development Fund to boost social housing supply by 2030

Vietnam has taken a major step toward expanding affordable housing by establishing the National Housing Development Fund, a new financial mechanism designed to accelerate social housing development and stabilize the property market.

Hanoi to see sharp jump in land prices under new 2026 pricing framework

Hanoi to see sharp jump in land prices under new 2026 pricing framework

The sharp increases raise concerns over affordability, investment risks and shifting market behavior as land values climb across diverse areas of the city.