August 09, 2023 | 14:00

Long An International Port signs MoU with California’s Port of Oakland

Phuong Hoa

Signing a goal of Long An in expanding its cooperative relationship with US investors.

Long An International Port signs MoU with California’s Port of Oakland
The MoU signing ceremony. Source: Long An Province

An MoU on cooperation in port exploitation was signed on August 8 between Long An International Port in the Mekong Delta province of Long An and the Port of Oakland in California.

It was signed during a visit by a delegation from California including representatives from the San Francisco Bay Area Council and the Vietnamese-American Business Association (VABA), led by the Oakland Mayor Sheng Thao and which held a working session with leaders from Long An.

Under the MoU, Long An International Port and the Port of Oakland will cooperate closely in port operations, including sharing experience in port management and operations, promoting the relationship to create a market to increase trans-shipments between Long An International Port and the Port of Oakland; and support parties to connect importers and exporters, thereby enhancing trade links between enterprises in Long An province and California in particular and Vietnam and the US in general.

Secretary of the Long An Provincial Party Committee Nguyen Van Duoc said the province is pleased to welcome the delegation to learn about investment cooperation with businesses in the province and this expresses the trust and confidence of the US partners in Long An.

“We are delighted to witness the MoU signing ceremony between Long An International Port and the Port of Oakland, which will be an important prerequisite in opening up cooperative opportunities between the two sides in the near future,” he said.

Ms. Thao said the Port of Oakland is the largest in California, so the signing of the MoU will be a symbol of cooperative spirit. She looks forward to welcoming leaders from Long An province in the near future and to enhancing exchanges through online channels to promote investment and trade.

According to the Long An Provincial People’s Committee, the US now ranks sixth among 40 countries and territories investing in the province, with 23 projects and capital of over $484 million, mostly in the fields of the environment, packaging production, pharmaceuticals, toys, apparel, and factory leasing.

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The original article is written and published on VnEconomy in Vietnamese, then translated into English by Askonomy – an AI platform developed by Vietnam Economic Times/VnEconomy – and published on En-VnEconomy. To read the full article, please use the Google Translate tool below to translate the content into your preferred language.
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