Southern sea port welcomes ultra-large container ship
Margrethe Maersk, one of the world’s largest container ships, docked at Cai Mep International Terminal (CMIT) in Phu My township, the southern province of Ba Ria - Vung Tau, on October 25.
Margrethe Maersk docks at Cai Mep International Terminal on October 25 afternoon (Photo: VNA)
Ba Ria - Vung Tau (VNA) – Margrethe Maersk, oneof the world’s largest container ships, docked at Cai Mep InternationalTerminal (CMIT) in Phu My township, the southern province of Ba Ria - Vung Tau,on October 25.
The 214,121-DWT vessel, operated by the 2MAlliance led by Maersk Line and Mediterranean Shipping Company, is able tocarry over 18,300 twenty-foot equivalent units and stretches nearly 400m inlength and 59m in width.
With the ship’s call, CMIT became one of about20 major ports worldwide capable of handling vessels of this size, establishingits position on the global navigation map.
The terminal’s capacity to receive ships of over214,000 DWT was said to be significant as Vietnam has signed several free tradedeals such as the EU-Vietnam Free Trade Agreement (EVFTA) and the Comprehensiveand Progressive Agreement for Trans-Pacific Partnership (CPTPP), hoped to fueltrading activities.
Vietnam’s goods can be directly loaded onto bigvessels and shipped to many large markets like Europe and the US without havingto transit ports in Singapore or Malaysia, thus saving logistics costs andreducing transport time./.
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The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
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This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
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The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
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The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
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The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
Margrethe Maersk docks at Cai Mep International Terminal on October 25 afternoon (Photo: VNA) 
