Saturday, April 13, 2024 3:07:35 AM - Markets open
VN-INDEX 1,276.60 +18.40/+1.46%
HNX-INDEX 241.34 +2.27/+0.95%
UPCOM-INDEX 91.21 +0.29/+0.32%
Hải Phòng speeds up cooperation with US port authority
Vietnam News - 11/22/2023 2:31:04 PM
 (0 ratings. You must sign in to rate.)
The northern port city of Hải Phòng wished to accelerate cooperation with the US port to capitalise on each other’s strengths and make the city become a connection point with the rest of the Atlantic Ocean and the Pacific Ocean.
The Secretary of the city's Party Committee Lê Tiến Châu delivered this statement during a working session with the Port Authority of New York and New Jersey (PANYNJ) on November 20 as part of his trip to the US for the APEC Leaders’ Week.
During the event, Châu also briefed the potential and strengths of Hải Phòng City as a seaport hub in Việt Nam.
For her part, PANYNS Director Bethaan Rooney praised Hải Phòng’s advantages and potential, especially in logistics and maritime transport. She said the PANYNJ was willing to study opportunities to promote cooperation with the Vietnamese port city shortly.
The two sides discussed the study, construction, management and exploitation of airport, railway, logistics centre and shopping mall projects while sharing future development orientations.
The event also saw a Memorandum of Understanding inked between PANYNJ and Hải Phòng City and a group of Vietnamese and US investors, including Saigon Telecommunications & Technologies Corporation, Kinh Bắc City Development Holding Corporation and Energy Capital Vietnam.
Under the MoU, the sides will work together to study a project on building a complex of Tiên Lãng International Airport, Nam Đồ Sơn Port, a railway system, a logistics centre and Hải Phòng World Trade Centre. 
Hải Phòng is striving to become a national logistics hub with large corporations that can compete with foreign businesses in providing high-quality seaport services.
Under its revised master plan on socio-economic development by 2023, the city has set a target of achieving an annual logistics services growth rate of 16-18 per cent until 2025 and 17 per cent by 2030.
Hải Phòng will also diversify its logistics services to increase the value of each ton of goods going through its ports.
By 2030, it plans to develop 17 specific services in the logistic services chain, including warehousing, loading and unloading, forwarding, transportation agents, customs clearance agents, and inland waterway services.
Over 160 million tonnes of goods were transported through seaports in Hải Phòng in 2022. The output of goods through the city's seaports is estimated to reach over 180 million tonnes by the end of this year. — VNS

Read original article here

Newer News
12/04 Việt Nam’s growth projected at 6% in 2024 with policy adjustment: AMRO
12/04 Public investment projects: big push for construction materials sector
10/04 Việt Nam's exports to India maintain growth momentum
05/04 Stock market struggles as large-caps decline, casting negative shadow
05/04 MPI unveils two economic growth scenarios for this year
03/04 Hà Nội’s development investment increases by 8.5% year on year
03/04 HCM City sees highest economic growth for Q1
03/04 Seafood exports rise to $2 billion in Q1
03/04 Việt Nam learns from China’s experiences in building int’l free trade zone model
28/03 Petrol prices increase on March 28
Older News
22/11 Sugar prices to surge towards the end of the year: VSSA
21/11 Petrovietnam masters offshore renewable energy technology
20/11 HCM City leads nation in logistics competitiveness in 2022
07/11 Exports regain growth pace
07/11 Bright prospects for shrimp exports to the UK
02/11 S&P Global: Việt Nam's PMI declines slightly amid pick-up in demand
02/11 Hà Nội strives to promote cooperation with UK partners
01/11 Quality–based branding of fruits and vegetables to tap opportunities of UKVFTA for export expansion
01/11 HCM City’s economy maintains growth in 10 months
31/10 Việt Nam steps up as new epicentre of Asia’s economic growth
Newsletter Signup
Top Stories
PM Chính requires strengthened gold market management
Bank shareholders to receive high dividends, stock bonuses
Shares sustain gains on strong investor confidence
Banks given advantages to CASA ratio
Man owes bank nearly VNĐ9 billion in credit card's interest after 11 years
Market Update
Last updated at 3:05:01 PM
VN-INDEX 1,276.60 +18.40/+1.46%
Real-time chart
Top 5 Actives
Top 5 Gainers
Top 5 Losers
My Favorite Quotes
Your most recently viewed tickers will automatically show up here if you type a ticker in the Get Quotes box on the top of the page.
Company Research
Type in the symbol above for thorough background information, key statistics and financial information.
Stock Sectors
We continuously improve our services, here are the latest updates...
Allow you to monitor a customised group of securities. You can set up multiple Portfolios to help you better manage your investments.
Trigger Alerts
Get up-to-date alerts delivered directly to your email address.
Stock Screener
Allow you to filter the market and find exactly what sort of company you are looking for.
Live Terminal
Get instant access to FREE REAL-TIME streaming quotes for hundreds of stocks from HOSE, HNX and UPCOM exchanges.