Hung Yen signs two strategic cooperation memoranda in London, aiming for a large-scale port-airport-logistics-industrial complex.

On the morning of October 30th (UK time), in London, as part of his official visit to the United Kingdom and Northern Ireland, General Secretary To Lam and the high-level Vietnamese delegation attended and delivered a speech at the Vietnam-UK High-Level Economic Conference. The high-level Vietnamese delegation included Comrade Nguyen Huu Nghia, Member of the Central Committee of the Communist Party of Vietnam and Secretary of the Hung Yen Provincial Party Committee.

Tổng Bí thư Tô Lâm phát biểu tại Hội nghị Kinh tế Cấp cao Việt Nam – Anh.

General Secretary To Lam delivered a speech at the Vietnam-UK High-Level Economic Conference.

Speaking at the conference, General Secretary To Lam emphasized: The world is experiencing many complex geopolitical, economic, and trade changes, while also opening up many new opportunities for cooperation. Vietnam is entering a new stage of development, with the aspiration to become a modern, high-income industrialized nation by 2045, based on three pillars: independence and self-reliance, innovation, and deep international integration. Vietnam is ready to become a "reliable partner" with the United Kingdom, with cooperation in green finance, digital technology, and renewable energy being priority areas.

Tổng Bí thư Tô Lâm cùng các đại biểu chứng kiến lễ ký MOU giữa lãnh đạo tỉnh Hưng Yên và các đối tác tại Hội nghị.

General Secretary To Lam and other delegates witnessed the signing ceremony of the MOU between the leaders of Hung Yen province and their partners at the conference.

At the conference, in the presence of General Secretary To Lam, Hung Yen province and its partners signed two Memorandums of Understanding (MOUs). Specifically, the first MOU was signed between the People's Committee of Hung Yen Province (HYPC), Hung Yen Investment and Development Group Joint Stock Company (HYG), CTP Invest Ltd (CTP, United Kingdom), and Vietnam Joint Stock Commercial Bank for Industry and Trade (VTB). The objective is to research, evaluate, and explore the feasibility of developing an integrated port-airport-logistics and industrial 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 phases); assess transportation, waterway, energy, and digital connectivity infrastructure; review the legal framework and investment procedures; conduct economic and market analysis; determine investment models and public-private partnerships; and coordinate with consultants, financial institutions, and state management agencies.

Các đại biểu dự Hội nghị Kinh tế Cấp cao Việt Nam - Anh.

Delegates attending 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 researching and developing a complex of seaports, airports, logistics, and industries in Hung Yen, linked to a clean energy axis. The focus of the cooperation is on the LNG chain, encompassing the reception, transportation, storage, processing, and distribution of liquefied natural gas; researching options for electricity generation from gas; and integrating other renewable energy technologies to ensure a stable and environmentally friendly energy supply for the large-scale industrial and logistics zone. Planning, infrastructure assessment, legal framework, market, investment models, and coordination among stakeholders are also specifically outlined in this memorandum of understanding.

The signing of the two strategic cooperation memoranda marks an important step for Hung Yen in developing multimodal logistics, seaports, airports, and industries linked to green energy, in line with the country's orientation towards deep integration and sustainable development.

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