Vingroup plots $14bn Haiphong port complex

Vietnam’s largest conglomerate, Vingroup, led by billionaire Pham Nhat Vuong, has released plans to invest VDN374trn ($14bn) in a massive port and logistics hub in Haiphong, about 100 km east of Hanoi. Announced Monday, the project will be developed in three phases through 2040, aiming to cement Vingroup’s role in national infrastructure while supporting its …

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