Vingroup (stock code: VIC) has announced plans to invest in the Nam Do Son Port and Logistics Center project, marking a strategic expansion into port infrastructure and logistics.

According to the company’s official disclosure, the Nam Do Son Port and Logistics Center will be located within the Southern Coastal Economic Zone of Hai Phong, spanning across Kien Hai Commune and Nam Do Son Ward.

The total area of land, water, and development space for the project is projected to cover 4,394.5 hectares, with 4,319.1 hectares proposed for direct investment. This includes the port area, the water surface in front of the berth, the post-port logistics center, and the main shared access road stretching from the endpoint of the state-developed post-port route to the outer boundary of the project site.

The project is divided into three phases: phase 1 (2026–2030), phase 2 (2031–2035), and phase 3 (2036–2040).

The total estimated investment is approximately 373.841 trillion VND (around $15.7 billion), with phase 1 budgeted at 29.108 trillion VND (approx. $1.22 billion), phase 2 at 206.272 trillion VND (approx. $8.7 billion), and phase 3 at 138.461 trillion VND (approx. $5.8 billion). Of the total investment, about 15% will be contributed capital, while the remaining 85% is expected to be raised through financing.

The project's operational duration is set for 70 years.

Duy Anh