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Tuesday, 26/8/2025 | 05:47 GMT+7

World's third-largest shipping company explores investment opportunities in Ho Chi Minh City

CMA CGM, the world's third-largest shipping company, is looking to explore Ho Chi Minh City's maritime planning for future investments.

Amelie Manon Humphreys, general director of CMA CGM in Vietnam, stated this during a meeting with Nguyen Van Tho, standing vice chairman of the Ho Chi Minh City People's Committee (UBND), on 25/8. She said Vietnam is a strategic market for the corporation, with numerous development plans, especially in Ho Chi Minh City.

Therefore, CMA CGM wants to understand the city's maritime transport development strategy and the development plans for several seaports, particularly the Cai Mep – Thi Vai port cluster and the Can Gio International Transshipment Port project. The corporation is also interested in the progress of planning, construction, site clearance, and legal procedures for investing in seaports.

Amelie Manon Humphreys, general director of CMA CGM in Vietnam, speaks at the meeting on 25/8. Photo: Ho Chi Minh City People's Committee

Amelie Manon Humphreys, general director of CMA CGM in Vietnam, speaks at the meeting on 25/8. Photo: Ho Chi Minh City People's Committee

Vice chairman Nguyen Van Tho acknowledged CMA CGM's practical contributions to the local economy. He affirmed that Ho Chi Minh City is committed to administrative reform, creating favorable conditions for investors interested in developing the port and maritime transport system.

The city is focusing on building an open port system, reforming customs clearance procedures, establishing a free trade zone, and encouraging businesses to expand investment in modern logistics and multimodal transport, contributing to making Ho Chi Minh City an international logistics hub and a key regional maritime gateway.

Nguyen Van Tho assigned the Department of Construction and the Department of Finance to connect and share information, facilitating CMA CGM's exploration of investment cooperation opportunities.

The Department of Construction stated that after the merger, Ho Chi Minh City will adjust the planning and distribution of functions and tasks of the ports to create a unified and synchronized port cluster. The city is expected to complete the general planning for seaport development this year and call for investment in the Can Gio International Transshipment Port and Cai Mep – Thi Vai projects.

According to Reuters, CMA CGM owns 65 container ports worldwide. The French corporation, controlled by the family of chairman and CEO Rodolphe Saade, is the world's third-largest container shipping company. In 2024, the company recorded a 7.8% increase in shipping volume, contributing to an 18% rise in revenue, reaching 55.48 billion USD. In Quarter II of this year, the group's revenue reached 13.2 billion USD.

Dy Tung

By VnExpress: https://vnexpress.net/hang-tau-bien-lon-thu-ba-the-gioi-muon-tim-hieu-dau-tu-tai-tp-hcm-4931416.html
Tags: investment in Ho Chi Minh City logistics seaports

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