At the seminar “State management of seaports in Vietnam ” held in Hanoi on June 24, Jin Kimoto said that to reach targets for economic development, especially investment and import-export, Vietnam needs to develop seaports.

He also said he hopes Vietnam will soon complete leasing procedures for Cai Mep-Thi Vai port in southern Ba Ria-Vung Tau province to create favourable conditions for foreign investors.

After introducing some seaport management models from Japan, Indonesia and the US, the Overseas, Coastal Area Development Institute of Japan (OCDI) Chief Advisor Hidehiko Kuroda suggested some measures for Vietnam to develop its seaports.

Kuroda’s suggestions included setting up agencies to provide and implement seaport services, create funds for developing and maintaining seaports, and promulgate anti-monopoly regulations in seaport business.