Vietnam National Shipping Lines (Vinalines) is to expand Van Phong Port in the central Khanh Hoa Province to handle 12,000teu container ships.
Vinalines will submit its proposal to the Vietnamese Government by the third quarter of 2011.
The Ministry of Transport of Vietnam had originally planned to build two ports, including Van Phong, to handle 6,000teu ports under the country’s master plan for ports until 2010.
The state-owned shipping company is to expand the port’s capacity to accommodate larger container ships and invest $50m in the first phase of the project.
Construction of the Van Phong International Transit Port began on 31 October 2009.