Southeast Asia port expansion summit opens in Vietnam
The Southeast Asia port expansion summit 2013 got underway in Ho Chi Minh City on February 21 with the participation of 120 maritime delegates from ASEAN countries.
Jointly held by the Vietnam National Maritime Bureau and L’noppen Company, the event was an excellent opportunity for regional countries to seek opportunities for investment cooperation, in maritime transport service and seaport development.
Director of the bureau Nguyen Nhat said that ASEAN is gradually taking steps to shape the key economic sectors, which are able to compete with other economic communities in the region and the world.
To achieve that goal, ASEAN needs to improve the quality of a system of maritime policies, which has contributed to boosting cooperation between economic sectors and enterprises in regional countries.
According to maritime experts, the investment in seaports located in Southeast Asia’s fastest growing economies will accelerate in the next few years thanks to its experience in privatization in the maritime field.
Currently, Vietnam is bettering its law system, mechanism, and policies relating to maritime service development in accordance with the latest commitments to ASEAN and the World Trade Organisation (WTO).