Vietnam, US boost co-operation in sea ports

Vietnam and the United States have pledged to boost the development of sea ports and transportation services at their two ports of Can Tho and Houston to raise trade value between the two countries.

A Memorandum of Understanding underscoring the pledge was signed on November 20 in Texas by General Director of the Port of Houston Authority Aleg Dryer and Director of the Can Tho Port Pham Thanh Tien.

Speaking at the signing ceremony, General Director Dryer said that the Port of Houston Authority would like to expand the co-operation in the fields of economy, trade and sea transportation with many countries, especially with Asia, after the upgrade of the Panama canal, which is slated for completion by 2014 and Vietnam is one of the countries the Houston municipal authorities pay attention to.

Vice Chairman of the Can Tho municipal People’s Committee Tran Tuan Anh invited leaders of Houston city to visit Can Tho to realise the recently-signed MoU, opening ways for transportation of goods from Vietnam to the US through the Port of Houston.

The Port of Houston is the US’s largest port in terms of goods transportation between the US and other countries.

Tags: Vietnam business news, Vietnam US corporation

Posted by VBN on Nov 24 2009. Filed under Economy News, Int'l Cooperation. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry