PSA Vietnam has signed an agreement to invest in Lach Huyen Port Investment Joint Stock Company to jointly develop and operate four deepsea container berths at Lach Huyen Port in Haiphong.
The project, being developed with Lach Huyen International Logistics & Industrial Park, will have annual handling capacity of 4.5m teu once fully completed, strengthening northern Vietnam’s role as a gateway into global container trades.
The first two berths are scheduled to start development at the end of 2026 and are expected to be completed in 2028. The remaining two berths will follow in a second phase, with full completion targeted by 2035.
PSA said the investment supports its node to network strategy, aimed at linking ports, inland logistics assets and supply chain ecosystems across its global network.
The Lach Huyen development will complement PSA’s existing projects in northern Vietnam, including inland container depot facilities in Bac Ninh. Together, the assets are intended to create an integrated logistics corridor connecting inland cargo centres with deepsea shipping networks.
Nelson Quek, regional chief executive for Southeast Asia at PSA International, said Vietnam is one of the region’s most dynamic economies and that the project reflects PSA’s long-term commitment to the market.
Nguyen Vinh Hau, general director of LHF, said the partnership combines PSA’s global port expertise with local market knowledge and the advantages of Haiphong City’s Free Trade Zone.
The investment adds further momentum to Vietnam’s port expansion as manufacturers diversify supply chains across Southeast Asia and carriers seek deeper gateway capacity close to the country’s northern industrial base.
