Saigon Newport Corporation (SNC), Vietnam’s premier seaport operator brand, is determined to becoming more competitive to be listed in the world’s top 20 container terminal operators in terms of throughput.

Saigon Newport Corporation’s Cat Lai port (Photo: vneconomy.vn)

These days, containers have been lining up in front of SNC’s Cat Lai port, ready to haul cargo while the tall port cranes are offloading cargo at full capacity.

According to SNC’s leaders, longshoremen work 3 shifts a day to offload goods from 55 large-tonnage vessels, most of them foreign ships.

Ho Huynh Thanh Hang, Deputy Director of the Tan Cang Logistics Service Center, said SNC is rapidly gaining market share in freight transportation services with more than 700 trucks, tractors, and barges operating in Vietnam, Laos, and Cambodia.

“In Tan Cang, we work round the clock. This year, the company targets a growth rate of at least 6%. My center is hoping to grow 10%,” Hang said.

Last year, container throughput via SNC ports increased 16.2%, moving the company up one place in the global ranking of container terminal operators. The Tan Cang-Cat Lai terminal, SNC’s flagship terminal, handled its 5 millionth TEU of cargo collecting more than US$3.1 million from import-export taxes which is equivalent to 18.6% of Ho Chi Minh City’s total revenue last year.

SNC is focused on strengthening technology application in cargo handling to save time and money for clients while reducing traffic jams outside the ports. 

Tran Ngoc Tinh of the Production Team at Cat Lai port said, “Clients now can complete declaration forms using their smartphones and make payments online. This has helped our clients save time changing their habits and increasing throughput at Cat Lai port.”

In 30 years as a leading container terminal operator in Vietnam, SNC has garnered 90% of container throughput market share in the southern region and nearly 50% market share nationwide. It has also performed military defense tasks to help secure Vietnam’s territorial waters.