UK port businesses seek opportunities in Vietnam

British seaport businesses are ready to help Vietnam obtain breakthroughs in the industry and improve sea transport and management.

British Ambassador to Vietnam Mark Kent made this statement at the seminar, “UK-Vietnam Partnership in Ports” held in Hanoi Tuesday during a visit to Vietnam by a UK ports mission.

The seminar was held by UK Trade and Investment (UKTI) in Vietnam with the participation of nine leading businesses in UK port operations and development, provision of equipment and maritime services, and consultancies specialising in developing port infrastructure, coastal and offshore engineering and finance and education.

Representatives from UK businesses agreed that with over 3,200km of coastline and a strategic location in the region, Vietnam has huge potential for marine development.

Vietnam is attracting interest from international services and management companies who are seeking opportunities to develop markets involving ports and take part in projects to expand ports in Vietnam.

They said the UK, with its long and vast history in port development and operation and its strength in global markets, is well suited to assist Vietnam in this sector.

The UK has accumulated significant experience in port design and construction, providing marine safety, liquefied petroleum gas facilities, equipment, consultancy services, project management, training and financial, legal and logistical services.

Participants agreed that the UK, the world’s leading country in revamping and modernising port management, could help Vietnam create suitable solutions for management of its developing port facilities.

Addressing the seminar, Deputy Minister of Transport Nguyen Hong Truong said that under the plan, from now till 2015, the Vietnamese government would give priority to developing the infrastructure at Van Phong deep-water port in central Khanh Hoa province and Lach Huyen international port in the northern city of Hai Phong.

The UK port mission is on a three-day visit to Vietnam from Monday to showcase the UK ’s expertise in the port sector with the aim of highlighting the success of the UK-Vietnam partnership in this key sector.

They visited ports and worked with relevant agencies and sectors to study the operations of Vietnamese ports and the nation’s port development strategy, and to seek cooperative partnerships and investment opportunities.

 

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UK port businesses seek opportunities in VN

British seaport businesses are ready to help Vietnam obtain
breakthroughs in the industry and improve sea transport and management.

British
Ambassador to Vietnam Mark Kent made this statement at the seminar,
“UK-Vietnam Partnership in Ports” held in Hanoi on Oct. 5 during a
visit to Vietnam by a UK ports mission.

The seminar was
held by UK Trade and Investment (UKTI) in Vietnam with the
participation of nine leading businesses in UK port operations and
development, provision of equipment and maritime services, and
consultancies specialising in developing port infrastructure, coastal
and offshore engineering and finance and education.

Representatives
from UK businesses agreed that with over 3,200km of coastline and a
strategic location in the region, Vietnam has huge potential for
marine development. Vietnam is attracting interest from international
services and management companies who are seeking opportunities to
develop markets involving ports and take part in projects to expand
ports in Vietnam.

They said the UK, with its long and vast
history in port development and operation and its strength in global
markets, is well suited to assist Vietnam in this sector.

The
UK has accumulated significant experience in port design and
construction, providing marine safety, liquefied petroleum gas
facilities, equipment, consultancy services, project management,
training and financial, legal and logistical services.

Participants
agreed that the UK, the world’s leading country in revamping and
modernising port management, could help Vietnam create suitable
solutions for management of its developing port facilities.

Addressing
the seminar, Deputy Minister of Transport Nguyen Hong Truong said that
under the plan, from now till 2015, the Vietnamese government would give
priority to developing the infrastructure at Van Phong deep-water port
in central Khanh Hoa province and Lach Huyen international port in the
northern city of Hai Phong.

The UK port mission is on a
three-day visit to Vietnam from Oct. 4 to showcase the UK ’s
expertise in the port sector with the aim of highlighting the success of
the UK-Vietnam partnership in this key sector.

They visited
ports and worked with relevant agencies and sectors to study the
operations of Vietnamese ports and the nation’s port development
strategy, and to seek cooperative partnerships and investment
opportunities./.

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Vietnam, UK step up cooperation in auditing

The State auditing of offices of Vietnam and the UK will continue cooperating together to match with the two countries’ new strategic relationship.

This plan was outlined at a talk between the Auditor General from the UK ’s National Auditing Office (UK NAO) Amyas Morse and the State Audit of Vietnam’s (SAV) Chief Auditor Vuong Dinh Hue, who visited the UK from September 18-22 at the invitation of the UK NAO head.

This is the first UK ministerial-level visit by the SAV since Vietnam and the UK signed a joint declaration to raise both countries relationship to a strategic partnership.

They agreed to increase joint programmes through a wide range of activities. The UK NAO will send its experts to help Vietnam draw up action plans to implement a development strategy for the State audit by 2020, which was approved by the National Assembly Chairman in April 2010.

The UK NAO will also help Vietnam to standardise auditing methods, especially in personnel training.

Chief Auditor Hue said that the UK ’s NAO visit to Vietnam in 2011 is part of a UK government project to provide technical support to the SAV.

They agreed to coordinate their activities with the European Association of Supreme Audit Institutions (EUROSAI) and the Asian Organisation of Supreme Audit Institutions (ASOSAI).

The UK ’s NAO, is a member of EUROSAI’s management board and is committed to boosting cooperation between the two institutions to cope with the global financial crisis as well as similar occurrences in the future.

Both agreed to promote the role and responsibility of each auditing office and the auditing community during financial crises.

The SAC and the UK NAO first established bilateral ties in 1997.

As part of their visit, the Vietnamese delegation met with the Association of Chartered Certified Accountants (ACCA) to ask for more professional training.

Helen Brand, an ACCA official, said she hoped that the exchange of experiences between the ACCA and the SAV would help to improve professional skills for both offices as well as for general auditors.

The ACCA will support the SAV in its dealings with other auditing organisations across the world, she said.

 

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Vietnam, UK step up cooperation in auditing

The State auditing of offices of Vietnam and the UK will continue
cooperating together to match with the two countries’ new strategic
relationship.

This plan was outlined at a talk
between the Auditor General from the UK ’s National Auditing Office (UK
NAO) Amyas Morse and the State Audit of Vietnam’s (SAV) Chief Auditor
Vuong Dinh Hue, who visited the UK from September 18-22 at the
invitation of the UK NAO head.

This is the first
UK ministerial-level visit by the SAV since Vietnam and the UK
signed a joint declaration to raise both countries relationship to a
strategic partnership.

They agreed to increase
joint programmes through a wide range of activities. The UK NAO will
send its experts to help Vietnam draw up action plans to implement a
development strategy for the State audit by 2020, which was approved by
the National Assembly Chairman in April 2010.

The UK NAO will also help Vietnam to standardise auditing methods, especially in personnel training.

Chief Auditor Hue said that the UK ’s NAO visit to Vietnam in 2011
is part of a UK government project to provide technical support to
the SAV.

They agreed to coordinate their activities
with the European Association of Supreme Audit Institutions (EUROSAI)
and the Asian Organisation of Supreme Audit Institutions (ASOSAI).

The UK ’s NAO, is a member of EUROSAI’s management board and is
committed to boosting cooperation between the two institutions to cope
with the global financial crisis as well as similar occurrences in the
future.

Both agreed to promote the role and
responsibility of each auditing office and the auditing community during
financial crises.

The SAC and the UK NAO first established bilateral ties in 1997.

As part of their visit, the Vietnamese delegation met with the
Association of Chartered Certified Accountants (ACCA) to ask for more
professional training.

Helen Brand, an ACCA
official, said she hoped that the exchange of experiences between the
ACCA and the SAV would help to improve professional skills for both
offices as well as for general auditors.

The ACCA will support the SAV in its dealings with other auditing organisations across the world, she said.

The Vietnamese delegation will also pay working visit to the Netherlands and Belgium until September 28./.

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