Vietnam has commenced construction of a US$3.6 billion international container port in central Khanh Hoa province.

The Van Phong port is slated for completion in 2020, with the first of four phases scheduled to be done in 2015. The design calls for the construction of 42 berths capable of handling up to 200 million tonnes of cargo annually, reports Agence France-Presse.

The report quoted Prime Minister Nguyen Tan Dung saying the port "will be very competitive in the future."