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Logistics market sees rash of acquisitions, foreign investors keen

Logistics market sees rash of acquisitions, foreign investors keen

The logistics real estate segment saw a number of mergers and acquisitions in the first nine months with a number of major foreign players involved in them.
Railways lose out to road transport in cross border exports

Railways lose out to road transport in cross border exports

Vietnam’s railways sector has failed to attract cross-border business because it lacks a comprehensive logistics package.
September 09, 2020 | 07:29 pm GMT+7
Australian firm to invest $350 mln in Vietnam logistics real estate

Australian firm to invest $350 mln in Vietnam logistics real estate

Australian company Logos plans to invest $350 million in the logistics real estate segment in Vietnam to take advantage of rising demand in the country.
August 20, 2020 | 10:00 am GMT+7
Shipping firms in troubled waters as coronavirus hits trade

Shipping firms in troubled waters as coronavirus hits trade

Vietnamese shipping firms are reporting falling revenues after the coronavirus outbreak brought trade-related activities to a standstill in China.
February 28, 2020 | 12:26 pm GMT+7
Two new ride-hailing apps prepare Vietnam launch

Two new ride-hailing apps prepare Vietnam launch

Local startups Unicar and ZuumViet are preparing to launch ride-hailing apps alongside delivery and other logistics.
February 15, 2020 | 08:52 am GMT+7
Franchising model on the rise in Vietnam logistics industry

Franchising model on the rise in Vietnam logistics industry

Franchising is becoming popular in the delivery services industry in Vietnam thanks to the boom in e-commerce.
February 03, 2020 | 02:32 pm GMT+7
Cargo handling up 14 pct in Vietnamese ports

Cargo handling up 14 pct in Vietnamese ports

Vietnamese ports handled 14 percent more cargo than they did last year, but just 24 percent of it was transported by Vietnamese ships.
December 25, 2019 | 03:24 pm GMT+7
Da Nang to ignore Singapore consultant warning, build new port

Da Nang to ignore Singapore consultant warning, build new port

Vietnam's central city Da Nang has dismissed environmental concerns raised by a Singaporean consultant and is pushing ahead with plans to build a new port.
November 20, 2019 | 07:16 pm GMT+7
Logistics firm Scommerce raises $100 mln from Temasek

Logistics firm Scommerce raises $100 mln from Temasek

Vietnamese logistics startup Scommerce on Monday confirmed securing an investment from Singapore's state sovereign fund Temasek, its largest financing to date.
October 29, 2019 | 03:25 pm GMT+7
Express delivery market gathers speed

Express delivery market gathers speed

Ride-hailing giant Grab has followed Russian delivery firm Dostavista and local ride-hailing app Be to invest in express delivery services.
September 07, 2019 | 11:27 am GMT+7
Hyundai logistics arm opens first SE Asia office in Vietnam

Hyundai logistics arm opens first SE Asia office in Vietnam

Hyundai Glovis has opened its first Southeast Asian office in Hanoi to serve its expansion plans in the region.
July 29, 2019 | 11:57 am GMT+7
Sumitomo invests in Vietnam port operator

Sumitomo invests in Vietnam port operator

Japan's Sumitomo has invested $37 million in a major port operator to take advantage of Vietnam’s growing logistics demand.
July 07, 2019 | 02:54 pm GMT+7
Telecom giant Viettel launches ride-hailing service

Telecom giant Viettel launches ride-hailing service

Vietnam's military-run Viettel has launched a ride-hailing service, entering a crowded market dominated by Grab.
June 15, 2019 | 08:00 am GMT+7
Logistics industry faces dire labor shortage

Logistics industry faces dire labor shortage

Vietnam’s logistics industry will need an extra two million workers by 2030, but vocational schools are not up to producing them.
May 17, 2019 | 08:15 pm GMT+7
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