PSA Vietnam's investment in four deepsea container berths at Lach Huyen Port in Haiphong will add 4.5 million TEU of annual handling capacity to northern Vietnam, easing congestion and supporting supply chain diversification for manufacturers shifting operations to Southeast Asia.
According to Splash247, PSA Vietnam has signed an agreement to invest in Lach Huyen Port Investment Joint Stock Company to jointly develop and operate the berths at Lach Huyen Port in Haiphong. The project is being developed with Lach Huyen International Logistics & Industrial Park.
Project timeline and capacity
The development will be carried out in two phases. 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.
| Phase | Berths | Start | Completion |
|---|---|---|---|
| Phase 1 | First two berths | End of 2026 | 2028 |
| Phase 2 | Remaining two berths | After Phase 1 | 2035 |
Once fully completed, the terminal will have an annual handling capacity of 4.5 million TEU, according to the report.
Strategic context
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 (Lach Huyen Port Investment Joint Stock Company), said the partnership combines PSA’s global port expertise with local market knowledge and the advantages of Haiphong City’s Free Trade Zone.
Implications for northern Vietnam gateway
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. The deepsea berths will allow larger vessels to call directly at Lach Huyen, reducing reliance on transshipment hubs and potentially lowering freight costs for shippers using the route.
For freight forwarders and logistics operators, the phased development means near-term capacity will be limited until 2028, but the long-term addition of 4.5 million TEU will significantly ease congestion at existing ports in the region. The integration with inland depots in Bac Ninh also promises smoother door-to-door logistics for cargo moving through northern Vietnam.
Carriers should evaluate service adjustments as the new capacity comes online, particularly on intra-Asia and Asia-Europe trades that serve the northern Vietnam industrial base. The project underscores Vietnam’s growing importance in global supply chains and may prompt further investment in hinterland infrastructure.
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