This extract is reproduced with permission:
SNP [Saigon Newport Corporation] manages a system of the premises from the North to the South. They have many subsidiaries operating in different business segments, which include 2 deep-water terminals, 6 feeder terminals and 6 barge terminals. Furthermore, SNP handles logistics services with warehousing, overland transport and waterway transport. Presently, SNP Corporation has handled approximately 3.9 – 4.2 million TEUs of containers, which is about 80% of container import/export volume in South Vietnam and 46% nationwide.
“In 2013, Phu My Port served 480 vessels, 2,300 barges, 225,270 trucks and achieved a total throughput capacity of 4.8 million metric tonnes. In December 2004, Bunge Agribusiness Singapore, a business unit of Bunge, signed a ten-year agreement with Phu My Port operator Baria Serece Joint Venture Company to exclusively use the port facilities for the shipment of agricultural commodities to Vietnam.”
Read more about SMU’s Industry Study Mission Vietnam 2014 visits to Saigon Newport Corporation and Phu My Port.
Credit: International Trading Institute@SMU