Hung Yen signs two Memorandums of Understanding on strategic cooperation in London, aiming at a large-scale seaport - airport - logistics - industrial complex
On the morning of October 30 (UK time), within the framework of an official visit to the United Kingdom of Great Britain and Northern Ireland, General Secretary To Lam and a high-ranking Vietnamese delegation attended and spoke at the Vietnam - UK High-Level Economic Conference in London. The high-ranking Vietnamese delegation saw the presence of comrade Nguyen Huu Nghia, Member of the Party Central Committee, Secretary of the Hung Yen Provincial Party Committee.
General Secretary To Lam speaks at the Vietnam - UK High-Level Economic Conference.
Speaking at the conference, General Secretary To Lam highlighted: The world is experiencing many complex changes in geopolitics, economics and trade, while opening up a lot of new cooperation opportunities. Vietnam is entering a new stage of development, with the aspiration to become a modern, high-income industrialized country by 2045, based on three pillars: independence, innovation and deep international integration. Vietnam is ready to become a "reliable partner" with the UK, in which cooperation in green finance, digital technology and renewable energy are priority areas.
General Secretary To Lam and delegates witness the MOU signing ceremony between the leaders of Hung Yen province and partners at the Conference.
At the conference, under the witness of General Secretary To Lam, Hung Yen province and partners signed two Memorandums of Understanding (MOUs). Specifically, the first MOU was signed between the People's Committee of Hung Yen province, Hung Yen Investment and Development Group Joint Stock Company, CTP Invest Ltd (CTP, UK) and Vietnam Joint Stock Commercial Bank for Industry and Trade (VTB). It aims to study, evaluate and explore the possibility of developing a seaport - airport - logistics and integrated industry complex in Hung Yen. According to the MOU, the parties will conduct a pre-feasibility study and develop a master plan (land use, infrastructure, development stages); assess transport infrastructure, waterways, energy, digital connectivity; review the legal framework, investment procedures; analyze the economy - market; determine the investment model and public-private partnership; coordinate with consultants, financial institutions and state management agencies.
Delegates attend the Vietnam - UK High-Level Economic Conference.
The second MOU was signed between the People's Committee of Hung Yen province, Hung Yen Investment and Development Group Joint Stock Company, Marex Financial (UK), Avenir LNG Limited (Bermuda) and VTB. The content focuses on studying and developing a seaport, airport, logistics and industrial complex in Hung Yen associated with a clean energy axis. The focus of cooperation is on the LNG chain including receiving, transporting, storing, processing and distributing liquefied natural gas; researching electricity production options from gas and integrating other renewable energy technologies to ensure a stable and environmentally friendly energy supply for large-scale industrial and logistics zones. The planning items, infrastructure assessment, legal framework, market, investment model, and coordination of relevant parties are also specifically stated in this memorandum.
The signing of two strategic cooperation memorandums marks an important step for Hung Yen in developing multimodal logistics, seaport - airport - industry associated with green energy, in line with the orientation of deep integration and sustainable development of the country.
