(VEN) - With three decades of experience in Vietnam, French leader Bolloré Logistics sees political stability and high growth rate offering great potential for investors in the country, Marc Moeschlin, Managing Director, Bolloré Logistics Vietnam Co. Ltd, tells Vietnam Economic News. He also spoke about growth opportunities and the company’s contributions to Vietnamese economy and society. Marc Moeschlin, Managing Director, Bolloré Logistics Vietnam Co. Ltd What are main activities and achievements of Bolloré Logistics in Vietnam? Established in Vietnam in 1989, we were the first international logistics company with a set up in Ho Chi Minh City (HCMC). We now offer a full range of transport and logistics solutions, as well as customs brokerage and regulations advisory service, industrial projects handling, and Value-Added Services (VAS) warehousing solutions. We employ 180 people, and our head office in HCMC is supported by branches in … [Read more...] about Bolloré Logistics: Time to do business in Vietnam is now
Logistics
Vung Tau to invest in logistics, port
Ba Ria–Vung Tau Province will have a new logistics centre and container port, with a total investment of VND50 trillion. — Photo sggp.org.vn Ba Ria–Vung Tau Province plans to build a new logistics centre and container port with total investment of VND50 trillion (US$2.17 billion). The Government Office recently released Vice President Trinh Dinh Dung’s statement regarding the construction of the Cai Mep Ha logistics centre and Cai Mep Ha container port in the province’s Phu My Commune. The Cai Mep Ha logistics centre will have a total area of 1,200ha, with an estimated investment of VND40 trillion ($1.74 billion). To ensure investment efficiency, the Geleximco Group’s Ha Noi Import and Export Company is responsible for exchanging information and working with the investor on the outcome of this joint-venture project, as well as the exploitation and use of ports. The provincial People’s Committee will give instructions to the … [Read more...] about Vung Tau to invest in logistics, port
Foreign investors eye industrial and logistics property
The launch of the $200-million joint venture BW Industrial, between leading global private equity firm Warburg Pincus and Vietnam’s largest industrial real estate developer Becamex IDC, a few months ago put the spotlight on the country’s real estate market as it promises to result in breakthrough developments in the local industrial and logistics property sector. Foreign developers are increasing their investments in industrial real estate projects in Vietnam to seize the huge opportunities that will come if the country sees strong manufacturing growth in the near future. “With a sizable population and an increasingly diversified economy, manufacturing and domestic consumption have become the central areas of growth for Vietnam,” said Mr. Greg Ohan, Deputy CEO of BW Industrial. “We feel that our timing is just right to tap into these growth opportunities with the goal of taking Vietnam’s industrial and logistics value chain to the … [Read more...] about Foreign investors eye industrial and logistics property
Signal Corps opens logistics-related equipment and initiative competition
The event aimed to evaluate the outcomes of research, invention, and improvement of the logistic sector in affiliated units of the corps. Good products will be selected and applied to their training and combat readiness mission performance. At the event Nine participating units will introduce their 50 initiatives and improvements of training models and tools as well as software serving logistics for combat readiness missions, ordnance supply, military medicine, barracks building, transport, and petrol supply. Of the introduced products, many are useful to the corps’ specialized and field operations, such as picnic cookers, support kits, water filters, food storage, and management software over petrol vehicles and an automatic turning-on and turning-off device for electric protection system. The feasible projects will receive fund to be developed and applied widely at units to make the corps’ logistic sector operate more effectively. Translated by Mai … [Read more...] about Signal Corps opens logistics-related equipment and initiative competition
Logistics is new growth engine for Vietnam’s sustainable development: experts
The Hanoitimes - "As a market economy, there is no other option for sustainable development than a high competitiveness," stated the head of the Institute for Brand and Competitiveness Strategy (BCSI). Vietnam's competitiveness in global market remains low, which requires the logistics sector to step up its game and become the new growth engine for the country's sustainable development, according to the BCSI. Speakers at the conference. Source: Hai Yen. High logistics cost leads to low competitiveness of Vietnam's exports and a low return for the economy, said Nguyen Van Nam, president of the BCSI at a conference on August 21. "Vietnam's logistics cost is two or three times higher than other countries with similar scale of economic scale." In the process of economic integration, Vietnam has trade relations with 180 countries and attract investments from over 100 countries and territories. However, Vietnamese companies do not create much value addition in the supply … [Read more...] about Logistics is new growth engine for Vietnam’s sustainable development: experts