PSA Vietnam (PSA) and Lach Huyen International Logistics & Industrial Park (LHF) have signed an agreement for PSA’s investment in Lach Huyen Port Investment Joint Stock Company (LHP) to jointly develop and operate four deep-sea container berths at Lach Huyen Port in Hai Phong, North Vietnam.

Development of the first two berths is scheduled to start at the end of 2026 and is expected to be completed in 2028. The remaining two berths will be developed in a subsequent phase, with full completion targeted by 2035.

PSA International Regional CEO Southeast Asia Nelson Quek said, “Vietnam is one of Southeast Asia’s most dynamic and rapidly growing economies and this project reflects PSA’s long-term commitment to the market. By adding a strategic deep-sea hub at Lach Huyen to our existing network, we are strengthening our Node to Network strategy and enhancing connectivity across regional and global supply chains. Together with LHF, we look forward to building a resilient, future-ready hub that creates long-term value for our customers and stakeholders.”

For more information, please click HERE for the press release.