Why Maersk is betting on Vietnam’s rail freight future

A US$3.5bn rail terminal plan with Hateco completes a three-year march from the quay to the hinterland.

When APM Terminals and Vietnamese conglomerate Hateco signed a memorandum of understanding in Copenhagen on 20 October, the headline figure up to USUS$3.5 billion for a rail freight terminal network in northern Vietnam drew the attention.

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