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PSA and Saigon New Port sign MoU to promote sustainability

PSA Vietnam Pte Ltd (PSA) and Saigon Newport Corporation (SNP) have inked a Memorandum of Understanding (MoU) to collaborate on sustainable port development and supply chain connectivity.


Vietnam’s Deputy Prime Minister Le Minh Khai and Singapore’s Minister for Manpower and Second Minister for Trade and Industry, Dr. Tan See Leng were present at the signing held in Hanoi during the Singapore Regional Business Forum.

The MoU underlines the formation of long-term co-operation between the two groups, with using both sides’ insight and skills to assist the growth of the SNP business environment and Vietnamese entrepreneurs.

The collaboration includes workforce training and development programmes, free trade zone development, investments and port growth, and the use of digital technologies and information technology in port operations.

Building on existing agreements, PSA and SNP will further advance their cooperation in the following areas such as: Partnership; Port Development; Port Ecosystem; Port IT Systems and People Development.

 Acknowledging the importance of human capital, PSA and SNP will collaborate in training, developing, and sharing professional experiences.

“We are pleased to extend our collaborative partnership with Saigon New Port, a well-established port and supply chain operator in Vietnam,” said Ong Kim Pong, Regional CEO Southeast Asia, PSA International

“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,” he added.

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