APM Terminals and Hateco Group Sign Non-Binding Agreement to Explore Rail Freight Terminals in Northern Vietnam

Key summary

On October 20, APM Terminals and Hateco Group signed a non-binding agreement in Copenhagen to study the development and operation of rail freight terminals in northern Vietnam. The initial focus is on a terminal in Hai Phong, with plans to explore three additional locations in the region. The proposed network aims to connect industrial parks, manufacturing centers, and logistics hubs with seaports to improve freight transport and reduce road pressure. This initiative builds on existing partnerships, including the Hateco Hai Phong International Container Terminal which opened in 2025, and a separate April 2026 agreement to develop the Lien Chieu Container Port in Da Nang. The agreement was signed during the Vietnam–Denmark Business Forum as part of Vietnamese President To Lam's state visit to Denmark.