One stop shop at the VSIP

January 07, 2013 | 15:54

(0) user say

Electronic manufacturing facilities at the VSIP-Bac Ninh outside Hanoi will benefit from on-the-spot logistics and customs services.

In an announcement recently released, Deputy Prime Minister Hoang Trung Hai approved the Bac Ninh Provincial People’s Committee proposal for developing a warehouse for air logistics at the park.

The warehouse will facilitate import and export operations of manufacturers located inside VSIP-Bac Ninh, located 40 kilometres from Noi Bai International Airport.

The VSIP-Bac Ninh, developed by Vietnam-Singapore Industrial Park and Township Joint Stock Company, has attracted many foreign investors in hi-tech electronic industry such as Foster, Unigen Fujikin and Nokia.

When all these electronic manufacturing projects are operational this year, the air logistics warehouse is expected to save cost and time to manufacturers in import and export operations.

Bac Ninh province’s proposal was based on the effectiveness of a warehouse for air logistic built inside the province’s Yen Phong Industrial Park, home to Samsung’s $1.5 billion manufacturing complex.

This warehouse has significantly contributed to successful export and import operations of Samsung’s mobile phone facility, the local authorities said in their proposal previously sent to the Vietnamese government for approval.

It is estimated the total throughput capacity last year in the warehouse in Yen Phong Industrial Park to reach around 40,000 tonnes, doubling the amount of 2011. This volume accounted for 35 per cent of the total cargo handled through Noi Bai airport.

Aviation Logistics Joint Stock Company, which also built the warehouse in Yen Phong Industrial Park, will be the investor of the newly approved warehouse in the VSIP-Bac Ninh.

By Nhu Ngoc

vir.com.vn

What the stars mean:

★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional