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PSA and Saigon New Port sign MoU to promote sustainability

PSA Vietnam Pte Ltd (PSA) and Saigon Newport Corporation (SNP) have inked a Memorandum of Understanding (MoU) to collaborate on sustainable port development and supply chain connectivity.

Michele Labrut, Americas Correspondent

July 12, 2023

1 Min Read
PSA VIETNAM  MOU [26]
Photo: PSA

Vietnam’s Deputy Prime Minister Le Minh Khai and Singapore’s Minister for Manpower and Second Minister for Trade and Industry, Dr. Tan See Leng were present at the signing held in Hanoi during the Singapore Regional Business Forum.

The MoU underlines the formation of long-term co-operation between the two groups, with using both sides’ insight and skills to assist the growth of the SNP business environment and Vietnamese entrepreneurs.

The collaboration includes workforce training and development programmes, free trade zone development, investments and port growth, and the use of digital technologies and information technology in port operations.

Building on existing agreements, PSA and SNP will further advance their cooperation in the following areas such as: Partnership; Port Development; Port Ecosystem; Port IT Systems and People Development.

 Acknowledging the importance of human capital, PSA and SNP will collaborate in training, developing, and sharing professional experiences.

“We are pleased to extend our collaborative partnership with Saigon New Port, a well-established port and supply chain operator in Vietnam,” said Ong Kim Pong, Regional CEO Southeast Asia, PSA International

“PSA Southeast Asia is committed to advancing our node-to-network strategy, leveraging our strengths in end-to-end multimodal movements, digital technologies and expanding commercial partnerships to provide efficient and sustainable solutions to our customers…We look forward to working alongside SNP in developing win-win innovations as we co-create a resilient, agile and sustainable supply chain network in this region,” he added.

Related:PSA International acquires stake in Vietnam logistics provider SOTRANS Group

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About the Author

Michele Labrut

Americas Correspondent

Michèle Labrut is a long-time Panama resident, a journalist and correspondent, and has continuously covered the maritime sector of Central & Latin America.

Michèle first came to Panama as a press attaché to the French Embassy and then returned to the isthmus as a foreign correspondent in the 1980s.

Author of Seatrade Maritime's annual Panama Maritime Review magazine and of several books, Michèle also wrote for Time magazine, The Miami Herald, NBC News and the Economist Intelligence Unit. She has also collaborated in making several documentaries for the BBC and European and U.S. television networks.

Michèle's profession necessitates a profound knowledge of the country, but her acumen is not from necessity alone, but a genuine passion for Panama.

In 2012 she was awarded the Order of Merit (Knight grade) by the French Government for her services to international journalism and in 2021 the upgrade to Chevalier grade.

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