Dubai marine terminal operator DP World is set to launch its Saigon Premier Container Terminal (SPCT) in Vietnam.

The terminal will be situated on the Soai Rap River, 15km from Ho Chi Minh City in Vietnam and will be launched in October.

SPCT will transport cargo that passes through different port facilities along the Saigon and Dong Nai rivers.

Several port facilities located on the Saigon and Dong Nai rivers serve Ho Chi Minh City.

A number of terminals on the Saigon River are expected to be shut down over the next few years.

One of the main objectives of the SPCT is to establish Ho Chi Minh City as a major commercial hub in Vietnam.