Vietnam to build $2.5 billion seaport at center of new regional route
Vietnam is set to build a US$2.5 billion seaport in Ca Mau, its southernmost province, hoping to steal some spotlight away from the more popular regional hubs Singapore and Malaysia, local media reported.
Under a proposal recently approved by Prime Minister Nguyen Tan Dung, 85 percent of Hon Khoai Port will be funded with loans from the US Export-Import Bank.
