Vung Ang port company begins operation

The Vietnam – Laos Vung Ang Port Joint Stock Company began its operation at the Vung Ang economic zone in the central province of Ha Tinh on June 16.
The company is a one trillion VND investment by the Ha Tinh Port Company, Vientiane Petroleum Company and Transport Company of Laos.
Located on the East-West economic corridor linking with Laos and northeastern Thailand, the company manages and exploits two wharves at 13m-deep Vung Ang port, which is capable of receiving 50,000 DWT ships along with 1.5 million tonnes 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 line with the country’s policy of developing marine-based economy in the future. – VIR

Tags: Vung Ang port

Posted by VBN on Jun 17 2011. Filed under Transportation. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry