Logistic for e commerce

The event was attended by Deputy Defense Minister Senior Lieutenant General Vu Hai San, Commander of the Vietnam Border Guard Command Lieutenant General Le Duc Thai, and representatives from functional agencies of the Ministry of National Defense. The key report delivered by the Vietnam Border Guard’s Deputy Commander Major General Nguyen Duc Manh revealed that over the past ten years, border guard agencies and units have completed targets set in the resolution. Notably, the border guard force has accelerated production to raise the quality of meals for troops. So far, all border guard units have been equipped with catering material. Especially, over the past two years, the Vietnam Border Guard Command has directed its units to take drastic measures to prevent COVID-19 pandemic and ensure logistic supplies to thousands of troops working at medical checkpoints in border areas and at sea. In addition, medical personnel of the Vietnam Border Guard Command have actively participated in … [Read more...] about Border guard force’s implementation of logistic work reviewed

Vietnam has seen rapid growth in e-commerce in recent years, and demand for express delivery services is growing commensurately. (Photo courtesy of J&T Express) HCM City (VNS/VNA) - The growth in the e-commerce market, B2C deliveries and international trade services is expected to drive express delivery services in Vietnam, experts said. Specifically, Vietnam’s express delivery services market was worth 0.71 billion USD last year, and is projected to grow at 24.1% a year to reach 4.88 billion USD by 2030. According to a market report by Acclime Vietnam and Kantar Worldpanel, though Vietnam is less developed than many other e-commerce markets in Southeast Asia, it is one of the fastest growing online economies. It had the fourth highest online gross merchandise value of 13 billion USD in the region last year. Its exceptional e-commerce growth is expected to generate 39 billion USD by 2025, second in the region only after Indonesia, and representing a threefold growth … [Read more...] about Demand for express delivery all set to boom: experts

Kent Yang, founding managing partner of SLP Early this year, GLP announced the establishment of GLP Vietnam Development Partners I (GLP VDP I) with a total investment value of $1.1 billion. How will SLP activities be deployed in the Vietnamese market SLP is an industrial and logistic facility development and operation platform backed by GLP – one of the leading logistics infrastructure providers and operators – and three founding partners. Even though SLP is in a joint venture format, since its inception, it has been an extension of GLP in Southeast Asia and Vietnam. We closed the GLP VDP I fund earlier this year – in less than a year. For funds of this size, it's considered very fast. The ability to close this fund in such a short period is due to the fact that Vietnam is an extremely favourable market and our institutional investors trust GLP as a partner. With a size of $1.1 billion, we have raised one of the largest logistics development funds in Vietnam. Since the … [Read more...] about SLP aims to dominate Vietnam’s markets

New potential and trends The Indochina Kajima Development Company, a joint venture between Indochina Capital and Kajima Corporation, recently launched an industrial real estate investment and development platform focused on the nationwide roll out of factory and warehouse properties for lease throughout the country’s key manufacturing and logistics markets. The Core5 Vietnam platform ( www.c5ip.vn ) plans to offer industrial assets of some US$1 billion in the next 5-7 years. Germany’s Framas Group has rented a ready-made factory area of ​​20,000 square meters in the KTG Industrial Nhon Trach 2 project (Dong Nai Province). Framas specializes in the production of high-quality plastic parts for customers such as Nike and Adidas. According to Fabian Urban, Head of Footwear Technology at Framas Vietnam, Vietnam was chosen as a factory site because of its superior facilities compared to other locations. The establishment of the new factory is part of the group’s strategy to … [Read more...] about Industrial real estate market recovers strongly

Hanoi (VNA) - The following is a list of selected news summaries last night by the Vietnam News Agency . - President Nguyen Xuan Phuc on August 2 urged the southern province of Dong Nai to create changes in both mindset and action, and help to spur development in adjacent localities. At a working session with provincial leaders, the President stressed the important role of Dong Nai and some localities in the southern key economic region in national industrialisation and modernisation. Read full story – Prime Minister Pham Minh Chinh hosted a reception in Hanoi on August 2 for British Ambassador Gareth Ward, who came to say goodbye at the end of his tenure in Vietnam. PM Pham Minh Chinh (right) receives British Ambassador to Vietnam Gareth Ward (Photo: VNA) The PM commended the ambassador’s active contributions to promoting the Vietnam-UK strategic partnership in all fields, diplomatic channels and people-to-people exchange. Read full story – Prime Minister Pham … [Read more...] about ☀️ Morning digest August 3

The conference was attended by General Luong Cuong, Director of the General Department of Political Affairs (GDP) of the Vietnam People’s Army, Senior Lieutenant General Nguyen Tan Cuong, Chief of the General Staff and Deputy Defense Minister, among others. At the event, Major General Nguyen Quoc Viet, Chief of the Department of Barracks under the General Department of Logistics, reported on the master plans for building barracks of the three units. Accordingly, under the direction of the defense leaders, the Department of Barracks has collaborated with the three units and relevant agencies to complete the master plans. The department has also promptly reported the results of the building process to leaders of the MND. After listening to the report, delegates contributed opinions to the master plans with a focus on shortcomings and solutions, especially about individual areas, elevators, basements, and so on. Speaking at the conference, General Giang applauded efforts and … [Read more...] about MND reviews barracks building plans of units

Competitors are those with high results at the coast guard region level competitions. As planned, 21 COs will compete in seven events, while 21 political officers compete in six categories, namely Party and political work, training work, general knowledge of the military, laws, logistics, and technical services. In his opening remarks, General Oai said that the contest aims to evaluate the capabilities and skills of coast guard ships’ COs and political officers. Based on these assessments, the VCGC’s Party Committee and Chain-of-Command will issue leadership policies and approaches close to reality, select good cadres for CO and political commissar positions to meet the coast guard force’s development requirements in the new period. The competition is also a good chance for contestants to exchange, learn experience from one another and improve professional competence to become good examples. To ensure the success of the competition and promote the spirit “united, honest, … [Read more...] about Competition for coast guard COs and political commissars begins

The spice products are available at commercial centres, supermarkets, convenience stores, e-commerce platforms – Shopee , Lazada and Tiki, to name but a few, and Facebook pages and websites of businesses. (Source: tuoitre.vn) Hanoi (VNA) – With a population of nearly 100 million and strength in cultivating spice plants, Vietnam has substantial potential for spice production, consumption and export. According to Nielsen Market Research Company , the Vietnamese seasoning and sauce market expands by an average of 25-32% during the 2016-2022 period. Vietnamese households pose a high demand for seasoning for their meals – and it does take a lot of seasoning to make 30 million litres of soup a day, all the while the amount of fried and stir-fried dishes increases by 18 million plates and 14 million braised dishes during the weekends. The domestic spice market has lured international groups with products like Knorr (Unilever, the UK), Aji-ngon (Ajinomoto, Japan), Miwon … [Read more...] about Businesses spice up Vietnamese market

Billion-dollar strategy While visiting THACO Chu Lai Industrial Zone at the end of March 2022, Prime Minister Pham Minh Chinh assigned THACO three essential tasks, one of them being to continue developing the mechanical industrial zone to meet foundation industries requirements. To carry out this task, Supporting Industrial and Mechanics Corporation - THACO Industries (under THACO Group) has continued to invest in expanding its scale, improving production capacity, boosting exports, and setting a target revenue of $1 billion by 2025, of which export is $500 million. THACO Industries factory in Chu Lai Industrial Zone. Photo by THACO Industries THACO Industries has identified 2022 as the hinge year for establishing the foundation for a leap forward in mechanical and supporting industry business. The company has set out a comprehensive plan, from investing in core technology, and developing diversified products to digitalizing management... aiming to reach the … [Read more...] about THACO eyes revenue target of $1 bln in 2025

Truong Hai Auto Corporation (THACO), a typical successful firm in Vietnam's automobile sector, has been investing heavily in mechanics and the manufacturing of accessories. THACO leaders shared the firm’s journey to resolve the issue: increasing the localization rate or surrendering to auto imports flooding the local market. They also shared the one-stop model to help other Vietnamese enterprises cooperate to develop, thereby improving the internal power of Vietnam’s industry. THACO chairman Tran Ba Duong said at a meeting with mechanical enterprises that “you have technology and machinery. We will build factories and lease them at low prices.” “If we fail to demonstrate our commitment, you can take your machinery away. “We will not go back on our words. Only actual acts and thoughts will create values." Refreshing itself by enhancing investment Returning to Chu Lai Industrial Park in central Quang Nam Province nearly three years after Tuoi Tre (Youth) newspaper held … [Read more...] about Vietnam’s THACO and philosophy of no surrender