The location of Lien Chieu Port which will be one of the key international gateways of Vietnam.(Photo: VNA) Da Nang – The central city of Da Nang targets to become an attractive logistics centre of the central key economic region by 2030, and the key gateway of the East-West Economic Corridor and an important link of the Asia-Pacific transport corridor by 2050. The target is set in a project on developing logistics services in the city in association with the central key economic region and the East-West Economic Corridor for the 2021-2030 period, with a vision to 2050, which has just been approved by the municipal People’s Committee. Under the plan, the logistics service industry is expected to contribute 11-12 per cent of the city’s gross regional domestic product by 2030 and up to 15.5 per cent by 2050. Regarding the potential of logistics development in Da Nang, Duong Tien Lam, head of the representative office of the Vietnam Logistics Business Association (VLA) in Da … [Read more...] about Da Nang aims to become attractive logistics centre by 2030
Logistic officer duties
A.P. Moller Capital, VinaCapital set up logistics investment platform
A.P. Moller Capital and VinaCapital have set up a joint platform to grow and scale investments in transportation and logistics infrastructure in Viet Nam. — Photo courtesy of thitruongtaichinhtiente.vn A.P. Moller Capital, a global fund manager focused on high growth markets, and local investment company VinaCapital, have set up a platform for investments in transportation and logistics infrastructure in Viet Nam. With a population of close to 100 million, a consistent GDP growth rate of over 5 per cent, and a strong and reliable regulatory and investment climate, Viet Nam offers clear high growth opportunities in transportation and logistics. A.P. Moller Capital is an infrastructure fund manager with expertise, networks and people focused in the logistics and transportation sectors. The partnership, majority-owned by a fund managed by A.P. Moller Capital, marries this with VinaCapital’s local expertise to build and scale a portfolio of assets that target top quartile … [Read more...] about A.P. Moller Capital, VinaCapital set up logistics investment platform
A.P. Moller Capital and VinaCapital launch logistics infrastructure platform
Vietnam offers clear growth opportunities for transportation and logistics The partnership, which will be majority-owned by A.P. Moller Capital , brings together its expertise with the regional knowledge of VinaCapital – both leaders in their respective spheres – to build and scale a portfolio of assets that target top quartile returns in a private capital structure. Investment and other major decisions will be made jointly. Dhruv Narain, partner at A.P. Moller Capital said, "We are delighted to be building an asset portfolio that performs for our investors whilst also doing good for communities in high-growth markets. Doing this in Vietnam with a committed and reputable partner like VinaCapital is a privilege." Andy Ho, chief investment officer at VinaCapital, said that logistics is a critical part of Vietnam’s economic growth story, and VinaCapital has a successful track record in the sector over its 20 years in business. This includes investments in Gemadept and … [Read more...] about A.P. Moller Capital and VinaCapital launch logistics infrastructure platform
Russian enterprises explore investment opportunities in Can Tho
Participants at the meeting (Photo: VNA) Can Tho (VNA) - Offcicials of the Mekong Delta city of Can Tho city and relevant departments and sectors had a working session with representatives from Russian businesses on May 27 to discuss investment cooperation opportunities in terms of supply chain, import-export, technical infrastructure and logistics in the locality. Shigabutdinov Ruslan - Member of the Board of Directors of TAIF Group said that with its strength in petrochemical refining, the firm wishes to learn about the fields of seaport services, logistics and petrochemical refining in the locality. Local representatives briefed Russian investors on Can Tho’s potential, orientation and policies for calling for investment, while infỏrming guests about the development plan of industrial park infrastructure projects and logistics centres in the city. Tran Phu Loc Thanh, Deputy Chief of Office of the municipal People's Committee said the locality prioritises … [Read more...] about Russian enterprises explore investment opportunities in Can Tho
Happy smiles on dry lock of Truong Sa
Like the dry locks of Sinh Ton (Sin Cowe), Song Tu Tay (Southwest Cay), and Da Tay (West Reef) islands, the dry lock of Truong Sa Island is seen as a firm fulcrum for the task of marine economic development on Truong Sa archipelago. Stepping off fishing trawlers moored in the dry lock, captain of trawler NT 90228 TS Le Xuan Du received me. Du and crew-members on board come from Phuoc Dinh commune, Thuan Nam district, Ninh Thuan province. He shared that on average the trawler conducts fishing in the open sea for about 16 days, unless the trawler experiences some problems. They often make thorough preparations for the trip; however, things sometimes do not go as planned. In the past, Truong Sa archipelogo did not have any dry locks. When receiving the information about the upcoming storms, fishing trawlers ran back to the shore, resulting in the loss of money and materials. The dry lock is a place for fishing boats to take a rest and receive logistic and technical services. Thanks to … [Read more...] about Happy smiles on dry lock of Truong Sa
Vietnam mission marks 75th anniversary of UN Peacekeeping
Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the United Nations, speaks at the ceremony. (Photo: VNA) Hanoi (VNA) – Ambassador Dang Hoang Giang , Permanent Representative of Vietnam to the United Nations, on May 25 chaired a ceremony marking the 75th anniversary of the International Day of United Nations Peacekeepers (May 29, 1948-2023). The event gathered members of Vietnamese representative agencies in New York, commanders and officers of the Vietnamese army and police forces on duty at the UN peacekeeping missions in the Central African Republic, South Sudan, and Abyei region, and four Vietnamese peacekeeping officers on secondment at the UN headquarters. In his remarks, Giang affirmed that Vietnam’s active participation in peacekeeping since 2014 is an important policy and decision of the Party and State in the nation’s integration process, reflecting the new position and power of Vietnam in the international arena. He attributed Vietnam’s … [Read more...] about Vietnam mission marks 75th anniversary of UN Peacekeeping
Vietnam mission marks 75th anniversary of U.N. Peacekeeping
The event gathered members of Vietnamese representative agencies in New York, commanders and officers of the Vietnamese army and police forces on duty at the U.N. peacekeeping missions in the Central African Republic, South Sudan, and Abyei region, and four Vietnamese peacekeeping officers on secondment at the U.N. headquarters. In his remarks, Dang Hoang Giang affirmed that Vietnam’s active participation in peacekeeping since 2014 is an important policy and decision of the Party and State in the nation’s integration process, reflecting the new position and power of Vietnam in the international arena. He attributed Vietnam’s peacekeeping achievements to efforts and contributions of all units involved, particularly officers and soldiers on duty at U.N. peacekeeping missions and headquarters. The diplomat also noted that many U.N. leaders and international friends have highly appreciated the bravery, self-reliance, and flexible and creative approach of the Vietnamese peacekeeping … [Read more...] about Vietnam mission marks 75th anniversary of U.N. Peacekeeping
Hai Duong’s armed forces implement natural disasters response missions
The event was chaired by Second-in-Command and Deputy Chief of Staff of the Hai Duong provincial Military Command Senior Colonel Nguyen Trong Hung. Over the past time, units under the provincial military command have strictly observed combat readiness regulations and guard duties; ensured personnel, equipment, and vehicles for missions. In 2022, the provincial armed forces cooperated with local units to mobilize 600 troops to help locals respond to dike-related incidents, fires and explosions, and forest fires and overcome their consequences. At the conference, delegates discussed and proposed measures to enhance the efficiency of the work in the coming time. In particular, the province’s armed forces will continue to study and strictly carry out documents on responding to disasters, incidents, natural disasters, and carrying out search and rescue operations; focus on dissemination and education to enhance troops’ awareness and responsibility. Senior Colonel Nguyen Trong Hung … [Read more...] about Hai Duong’s armed forces implement natural disasters response missions
Illegal construction of nearly 500 houses in Vietnam’s Dong Nai under investigation
Police in Dong Nai Province, southern Vietnam on Monday said they had prosecuted a case in which 198 villas and 290 detached houses were built illegally in Trang Bom District. Police officers made the move to investigate individuals and organizations involved in the development of the Tan Thinh Urban Area. They were charged with abusing positions and powers while on duty. The People’s Committee of Dong Nai Province earlier issued results of a comprehensive inspection into the project, whose investor is LDG Investment JSC based in Trang Bom District. The province introduced an 18.22-hectare land lot for the project in 2016 and gave its nod to LDG Investment JSC to develop the urban area in 2018 to meet local residents’ demand. However, the company failed to complete procedures to lease the land and convert the land use purpose. It has yet to get a construction license for the project either. Nevertheless, it constructed roads, a green park, rainwater and wastewater drainage … [Read more...] about Illegal construction of nearly 500 houses in Vietnam’s Dong Nai under investigation
MR1 focuses on building potential of defensive area
Since 2019, the MR1 Command, together with localities, units, and agencies, has implemented defensive area building and obtained significant outcomes. In particular, MR1 has built strong armed forces in the fields of politics, ideology, and organization while successfully accomplishing political education programs and law dissemination activities for troops. Therefore, officers and soldiers always place absolute trust in the Party’s guideline and policies. Meanwhile, MR1 has consolidated personnel organization as regulated to ensure enough personnel, weapons, and equipment for defense-security tasks in the stationed localities. Along with strictly maintaining regulations on combat readiness, natural disaster prevention, and search and rescue operations, MR1's affiliated units have promoted training work and organized defensive area and tactical exercises. Additionally, MR1 has prioritized strategic and campaign projects and ensured adequate logistic and technical supplies for … [Read more...] about MR1 focuses on building potential of defensive area