Confirmation for firm and long establishment of VICT
To: Shipping Lines, Agents and Customers
Dear Valued Customers,
Thank you for your recent inquiry concerning above subject matters.
We would like to official confirm with your good company that base on Investment License 996/GP dated 22nd Sept 1994, that First Logistics Development (JV) Company (FLDC or VICT) is allowed to operate a container port at current Location for 40 years with option to extend for another 10 years.
With reference to the latest Seaport Master Plan development decision number 1745/QD-BGTVT dated 03rd August 2011, issued by Ministry of Transportation that VICT;
1. NOT SUBJECT TO RELOCATION LIKE NEWPORT, BASON, TAN THUAN DONG PORT (these 3 ports need to move out)
2. NOT SUBJECT TO CHANGE OF BUSINESS PURPOSE LIKE SAIGON PORT & VEGETABLES PORT
We hope the above explanation will help to ease your concern
Phan Trong Lam
Deputy General Director (signed)