PSA Vietnam (PSA) and Saigon Newport Corporation (SNP) have signed a Memorandum of Understanding (MOU) for cooperation with the aim of promoting sustainable port development and improving supply chain connectivity in Vietnam and the Association of Southeast Asian Nations (ASEAN) region. The signing took place at the Singapore Regional Business Forum held in Hanoi, Vietnam, on 7 July 2023.

The MOU emphasises the establishment of sustainable partnerships between the two companies, with a common goal of leveraging the understanding and expertise of both sides to guide the development of the SNP business ecosystem and Vietnamese enterprises. The collaboration includes areas in workforce training and development programmes, development of free trade zones, investments and port development, and the application of digital solutions and information technology in port operations.

Mr Ong Kim Pong, Regional CEO Southeast Asia, PSA International, said, “We are pleased to extend our collaborative partnership with SNP, a well-established port and supply chain operator in Vietnam. PSA Southeast Asia is committed to advancing our node-to-network strategy, leveraging our strengths in end-to-end multimodal movements, digital technologies and expanding commercial partnerships to provide efficient and sustainable solutions to our customers. We look forward to working alongside SNP in developing win-win innovations as we co-create a resilient, agile and sustainable supply chain network in this region.”

For more information, please click HERE for the press release.