Land-locked Laos to assume management of Vietnam's Vung Ang seaport

A vessel docked at Vũng Ang Port. — baohatinh

VIENTIANE (Vientiane Times/Asia News Network): A major Lao business group - PTL Holding Company Limited - (PTLH) is set to assume management of the Vung Ang seaport in Vietnam’s central Ha Tinh province in November, a company representative has said.

The company’s management of the sea trade route will be significant in supporting the Lao government’s effort to transform land-locked Laos to become a land link one and boosting connectivity within the region and beyond.