Colonel Bui Van Quy, Deputy General Director of Saigon Newport Corporation, addresses the ceremony

The 1 millionth TEU was loaded onto the Cosco England, operating on the PVCS shipping route that directly connects Vietnam with the West Coast of the United States. This marks the first time TCIT has surpassed this important milestone and is a positive growth indicator for both the Saigon Newport system and Vietnam's seaport industry as a whole.

Delegates conducte the ceremony to welcome the 1 millionth TEU through TCIT

In 2024, TCIT completed its production and business plan 106 days ahead of schedule, with an anticipated throughput of 1.09 million TEUs—an impressive 33% increase compared to the same period last year. TCIT has received 918 ships, of which 321 are motherships on international service routes connecting the key economic region of Southern Vietnam with major export markets such as the US and Europe without going through transit ports such as Singapore and Malaysia. With this result, TCIT has reduced logistics costs, enhanced competitiveness, shortened transportation times, and expedited market access for goods.

Delegates pose for a group photo at the ceremony

In the TCIT business results report, Lieutenant Colonel Vu Hong Hung, Director of Saigon Newport Corporation, affirmed that the company has implemented many initiatives for port development, digital transformation and IT application, including E-Port, EDO and modern port management software. It has also strengthened connections with units in the Saigon Newport system and ports in the Cai Mep area. By proactively and flexibly managing berth schedules, TCIT has enhanced loading efficiency and minimized conflicts caused by frequent changes in port arrival times. The company consistently innovates to maintain a professional and modern port, delivering on its commitment to ship clearance productivity. This approach ensures convenience, speed and simplicity, reducing time and costs for shipping lines while building trust and satisfaction in service quality. Therefore, TCIT has earned the support and loyalty of shipping lines and customers over time.

The 1 millionth TEU is loaded onto the Cosco England container ship

Speaking at the event, Colonel Bui Van Quy, Deputy General Director of Saigon Newport Corporation, emphasized: “The event of welcoming the 1 millionth TEU is an important milestone in the nearly 10-year development journey of TCIT Port, affirming the important role of the port in the national seaport planning strategy. Aligned with the Government's orientation, TCIT will prioritize sustainable development, enhance operational capacity and optimize logistics services, aiming to establish the Cai Mep - Thi Vai Port Cluster as the region's premier transit hub.”