Vietnam's seaports register 8.4% growth in 2015-2022: VMA

24 May '23

2 min read

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Vietnam's seaport throughput almost doubled from 2015-2022, with an 8.4 per cent average growth rate, as per the Vietnam Maritime Administration.
Container goods handling also surged at an average rate of 11.9 per cent; cargo volume rose from 126.3 million tonnes in 2015 to 243 million tonnes in 2022.
Q1 2023 saw seaport throughput exceed 165 million tonnes.

Vietnam’s seaport throughput grew almost twice from 2015 to 2022, reflecting an average growth rate of 8.4 per cent, as per the Vietnam Maritime Administration (VMA). Data also revealed a significant boost in the handling of container goods over this period, with an average growth rate of 11.9 per cent.

Back in 2015, the seaports in Vietnam recorded a total of 126.3 million tonnes—equivalent to 11.5 million twenty-foot equivalent units (TEUs)—of container cargo. However, by 2022, the figure soared to more than 243 million tonnes. This represented an increase of nearly 5 per cent from the previous year, and importantly, a substantial doubling in volume compared to seven years prior.

The first quarter (Q1) of 2023 saw the country’s seaport throughput exceed 165 million tonnes. This tally included nearly 53 million tonnes solely attributed to container cargo, affirming the vital role of container shipping in the nation’s robust seaport activity, VMA’s data showed.

Looking ahead, the VMA has ambitious plans for the country’s seaport system development. Outlined in its master plan for 2021-2030, with a vision stretching to 2050, it projects a massive throughput of around 1,422.5 million tonnes of goods through local seaports by 2030. This estimation includes a staggering 559 million tonnes of container cargo.

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