Viettel Post seals China partnership

September 05, 2013 | 11:06

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Viettel Post Joint Stock Corporation has announced the start of a money transfer service between Vietnam and China.

The company announced that starting in August, the company began offering this service in conjunction with Chinese partner Guangxi EMS, which would also deliver postal parcels throughout China.

The inauguration of this service followed the April signing of the Vietnam-China bilateral co-operation agreement on the transfer of good and products between the two countries.

Under the agreement, Viettel Post will reciprocate in delivering Guangxi’s goods throughout Vietnam.

Viettel Post’s Vietnam-China postal rates are competitive, at around $12 per parcel, 50 per cent below that of international shipping companies. The prices are kept low by both countries using their local price structures rather than an international shipping premium. Time from send to delivery is around three days.

Viettel Post’s business in this area is mostly coming from express deliveries, parcels over 100 kilogrammes, logistics, and supporting services such as customs and clearance for goods imported from China.

By By Thanh Thu

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