The Vietnam - Laos Vung Ang Port Joint Stock Company began its operationat the Vung Ang economic zone in the central province of Ha Tinh onJune 16.
The company is a one trillion VNDinvestment by the Ha Tinh Port Company, Vientiane Petroleum Company andTransport Company of Laos.
Located on the East-Westeconomic corridor linking with Laos and northeastern Thailand, thecompany manages and exploits two wharves at 13m-deep Vung Ang port,which is capable of receiving 50,000 DWT ships along with 1.5 milliontonnes of cargo each year.
With 300 officials in hand, the company is also able to handle 6,000 to 8,000 tonnes of cargo every day.
The establishment of the company will facilitate Lao businesses’import-export and increase the amount of cargo via the port, in linewith the country’s policy of developing marine-based economy in thefuture./.
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This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
