In its ongoing efforts to consolidate and intensify trade relations with Asia, on August 9 the Port of Montreal signed an action plan with Vietnam Maritime Administration (Vinamarine), a key player in Vietnam’s marine-industry supply chain.
As part of the Memorandum of Understanding signed between the Port of Montreal and Vinamarine in November 2023, this action plan launches collaborative work on energy transition, green corridors and digital innovation in marine transportation, all of which are crucial to a sustainable future.
Keep in mind that Vietnam is one of Canada’s top 10 trading partners, notably in food and forestry exports, and is internationally recognized for the strength and growth of its manufacturing industry.
Both countries are focused on connecting Quebec’ world-leading energy and artificial intelligence sectors to Vietnam’s growing manufacturing sector. Invest Quebec/Investissement Québec International, Montréal International and the Canada-Vietnam Chamber of Commerce were also involved in discussions to develop this action plan.
Source : Port of Montreal, Port of Montreal and Vietnam Maritime Administration pledge action for a sustainable future (port-montreal.com)