Hai Phong, August 6, 2025 – At VINALIFT’s manufacturing plant in Hai Phong, a Strategic Partnership Agreement was signed between VINALIFT and the Military Commercial Joint Stock Bank (MB Bank), alongside a Contract Signing Ceremony for the supply of three 45-ton fixed pedestal cranes for Hon La Port between VINALIFT and the main contractor, Vietnam Port Construction Consulting JSC (VPCC).
The event marks an important milestone in VINALIFT’s 2025–2030 development strategy, reaffirming the company’s strengths in both financial capacity and the manufacturing of high-quality lifting equipment.
Strategic Partnership: VINALIFT – MB Bank
MB Bank has been a trusted financial partner of VINALIFT since 2007, supporting the company through challenging periods and enabling the execution of key projects. This new agreement reinforces the long-term relationship, aiming to develop an integrated industrial–logistics–investment ecosystem based on Intelligence – Technology – Market – Quality.
“MB Bank is not only a financial partner, but a strategic companion, helping VINALIFT implement key projects, expand into new markets, and steadily realize our vision of becoming a leading integrated industrial–logistics–investment group in Vietnam by 2030.”
“We are committed to providing optimal financial solutions — from working capital financing and project guarantees to the integration of ERP, SCF, and CRM systems — accompanying VINALIFT toward new milestones not only in the next five years, but over the next ten and twenty years”
Supply Contract: Three 45-Ton Fixed Pedestal Cranes for Hon La Port
Representatives of VINALIFT and VPCC signed the contract for the supply of three 45-ton fixed pedestal cranes for Hon La Port — a strategic seaport in Vietnam’s North-Central Economic Zone.
The cranes are designed and manufactured to international standards, featuring modern control systems, high safety, and energy efficiency, contributing to improved cargo handling capacity at the port and fostering regional economic growth.
VINALIFT and VPCC have successfully collaborated on major projects such as Song Lam Port and the Chan May Logistics Center. This mutual trust and close cooperation form the foundation for the Hon La Port project to deliver results beyond expectations.
“VPCC and VINALIFT previously worked together successfully on the Song Lam International Port project — the most important seaport in Nghe An province, serving as the main gateway for import and export cargo of the province and neighboring Laos. VINALIFT’s cranes exceeded our expectations in terms of productivity and operational stability; while cranes at other ports typically operate at or below rated capacity, the two pedestal cranes at Song Lam Port have achieved up to 150% capacity. This success provided a solid foundation for VPCC to continue trusting VINALIFT as the equipment supplier for the Hon La Port project. We believe this project will enhance the capacity of seaports in the North-Central region and contribute to local economic development and improved livelihoods.”
Industry Perspective & Key Figures
“The Vietnam Association of Mechanical Industry always encourages and accompanies enterprises in enhancing production capacity, mastering technology, and expanding markets. Today’s event shows that VINALIFT is not only affirming its position in the lifting equipment sector but also demonstrating the competitiveness of Vietnam’s mechanical industry. It is a positive sign that domestic mechanical enterprises are fully capable of undertaking large-scale projects, meeting international standards, and effectively serving port infrastructure development.”
According to the Ministry of Transport, Vietnam’s seaport system handled a total cargo volume of 755 million tons in 2024, up 4% from 2023. The North-Central region’s cargo throughput is projected to grow by 6–7% annually between 2025 and 2030 (Source: Ministry of Transport, 2024 Logistics Report).
The UNCTAD Review of Maritime Transport 2024 also notes that demand for cargo handling equipment in emerging Asian economies is expected to grow by over 5% per year, creating significant opportunities for domestic manufacturers like VINALIFT.
Vision Towards 2030
This dual event — combining financial partnership with MB Bank and a major equipment supply contract with VPCC — reflects VINALIFT’s spirit of “Companionship – Responsibility – Innovation”. With the financial support of MB Bank and a proven track record of delivering large-scale port equipment projects alongside VPCC, VINALIFT is advancing towards greater localization, optimized performance, and expansion into international markets.
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