logistics fdi rises in the face of retail expansion

Logistics FDI rises in the face of retail expansion

Vietnam’s appeal as a destination for foreign logistics providers is rising on the back of its expanding retail market.
cj logistics pursues vietnamese expansion ambition

CJ Logistics pursues Vietnamese expansion ambition

CJ Logistics, formerly CJ Korea Express, proposes a higher price than competitor Taekwang Industry Company to take over Gemadept, the largest logistics firm in Vietnam, aiming to realise its ambition to become one of the five largest logistics firms in the world, according to newswire TheInvestor.co.kr.
draft law to globalise logistics areas

Draft law to globalise logistics areas

Vietnam might, for the first time, allow 100 per cent foreign-invested firms in three logistics service areas, paving the way for an influx of foreign investment capital in the sector.
vnr and vnpost shake hands on logistics cooperation

VNR and VNPost shake hands on logistics cooperation

Vietnam Railways (VNR) and Vietnam Post Corporation (VNPost) signed a cooperation agreement on logistics services yesterday.
rent a port a possible strategic investor for vinalines

Rent-A-Port a possible strategic investor for Vinalines

Under the memorandum of understanding (MoU) signed this morning with Vietnam National Shipping Lines (Vinalines), Rent-A-Port N.V. may purchase 10 per cent of Vinalines' stake and may also have other possible cooperation in the projects of a terminal and a logistics facility in Lach Huyen and a general cargo terminal in Dinh Vu in the northern port city of Haiphong.
samsung to heat up vietnamese logistics market

Samsung to heat up Vietnamese logistics market

By teaming up with MP Logistics Corporation (MP Logistics), South Korean enterprise Samsung not only demonstrated its interest in the Vietnamese logistics sector, but its participation also heats up the market.
can tho attracts foreign investment in logistics centre

Can Tho attracts foreign investment in logistics centre

The Mekong Delta city of Can Tho is calling for Singaporean and Japanese investment for the regional logistics centre in the city.
dhl ecommerce enters vietnams bustling e commerce market

DHL eCommerce enters Vietnam's bustling e-commerce market

DHL eCommerce, a division of the world’s leading logistics company Deutsche Post DHL Group, has launched nationwide domestic delivery operations in Vietnam.
auto firms ask to lower component import taxes

Auto firms ask to lower component import taxes

High import taxes on auto components and parts, packaging and logistics expenses are major reasons behind locally-assembled cars costing 10-20 per cent higher than imports from Thailand and Indonesia.
deputy pm works with world bank on trade facilitation

Deputy PM works with World Bank on trade facilitation

Deputy Prime Minister Vương Đình Huệ worked with the World Bank on Monday to discuss trade facilitation, logistics development and the national single window mechanism.
e commerce logistics industry faces harsh competition

E-commerce logistics industry faces harsh competition

The rapid growth of freight forwarders in Viet Nam has put pressure on e-commerce businesses to seek new avenues for development.
hau giang to build vnd15 trillion logistics centre

Hau Giang to build VND1.5 trillion logistics centre

The Mekong Delta province of Hau Giang plans to build a logistics centre at a cost of over VND1.5 trillion (US$66.03 million), aiming to reduce logistics cost in the region and improve competitiveness of regional products in both domestic and foreign markets.
logistics opportunities spur multinational ma

Logistics opportunities spur multinational M&A

A growing number of foreign logistics companies are expanding operations to and inside Vietnam through merger and acquisition deals to lower operational costs and cash in on market opportunities.
taekwang cracking open vietnamese logistics market

Taekwang cracking open Vietnamese logistics market

Korean Taekwang company showed interest in taking over Gemadept, the largest logistics firm in Vietnam, as part of an effort to establish a secure logistics base in Southeast Asia, according to Korea Economic Daily.
solarbk greening out logistics industry

SolarBK greening out logistics industry

Vietnam’s first solar-powered green logistics centre, Tan Cang-Song Than ICD, is slated for completion in September 2017 and is expected to contribute to the sustainable development trend in the domestic logistics industry.