Ho Chi Minh City strengthens connection with Busan Port, South Korea

(HTV) - This afternoon, within the framework of a working trip to Korea, Vice Chairman of Ho Chi Minh City People's Committee Nguyen Loc Ha and his delegation visited and worked at Busan Port, the largest maritime center in Korea.

Ho Chi Minh City strengthens connection with Busan Port, South Korea

During the working trip to Korea, on the afternoon of August 12, Vice Chairman of Ho Chi Minh City People's Committee Nguyen Loc Ha and the delegation visited and worked at Busan Port - the largest maritime center in Korea and one of the ten busiest seaports in the world .

Busan Port in Korea

With the capacity to handle tens of millions of TEUs per year, Busan Port plays a strategic role as a gateway to Northeast Asia. Strengthening connections with this port is expected to form a direct shipping route between Vietnam and Korea, contributing to shortening transportation time, reducing costs for businesses, and expanding the export market of Vietnamese goods to the world.

During the tour, the delegation visited the Northern Port area - which handles a large volume of import and export goods and plays an important transit role for international shipping routes. Vice Chairman of the Board of Directors of the Investment and Industrial Development Corporation (Becamex IDC) Pham Ngoc Thuan said that Ho Chi Minh City is promoting the development of goods through Cai Mep Port and hopes that the project connecting with Busan Port will soon help achieve this goal.

Busan Port Authority

At the meeting, the leaders of Busan Port expressed their appreciation for the increasingly expanding cooperation relationship and affirmed their determination to accompany Ho Chi Minh City in logistics infrastructure development projects. Busan Port General Director Song Sang Keun emphasized that Busan and Ho Chi Minh City have many similarities in terms of economy and development orientation. The cooperation will help expand the international logistics network, especially on the Vietnam - Korea sea transport route, thereby promoting trade and economic connectivity between the two countries.

Vice Chairman of the Ho Chi Minh City People's Committee Nguyen Loc Ha highly appreciated the cooperation between the two localities, considering this a concrete step in the strategy of developing logistics infrastructure, enhancing the competitiveness of the city and the key economic region of the South.

Meeting between leaders of Vietnam and Korea

Also on this occasion, Becamex IDC Corporation and Busan Port Authority signed a Memorandum of Understanding on cooperation, laying the foundation for strategic projects, contributing to improving logistics capacity, promoting Vietnam - Korea trade, aiming at the goal of sustainable development and deep integration into the global value chain.

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Source: https://htv.com.vn/tphcm-tang-cuong-ket-noi-voi-cang-busan-han-quoc-222250813113420762.htm