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Vietnam’s booming economy and surging domestic retail sector is creating big opportunities for contract logistics players. According to Hamza Harti, country managing director for French 3PL FM Logistic, while e-commerce is a driver of warehousing and logistics demand, it’s not the major factor. “Most of the growth is from traditional retail, which has been our main focus,” he said on the sidelines...
Demand from Vietnam’s booming manufacturing and e-commerce sectors has created a spike in warehousing rents and occupancy across the country. John Campbell, national head of industrial at Savills Vietnam, says warehousing demand has grown significantly in southern Vietnam’s key industrial centres in Dong Nai and Binh Duong provinces, in part due to the US-China trade war. For example, during the first-half...
30 The high cost createspressurefor business The Ministry of Industry and Trade has just announced the Vietnam Logistics Report in 2019, in which the special feature of this year's report compared to previous years is that the Ministry of Industry and Trade has dedicated a chapter to evaluate logistics topics for agricultural products. The actual survey at the export enterprises of agricultural...
On November 26, 2019, The Vietnam Report in coordination with VietnamNet Newspaper to announce VNR500 Ranking List- Top 500 Largest Enterprises in Vietnam in 2019. Among Top 10 of the Ranking List, there are three enterprises in the leading position by order as: 1- Thai Nguyen Samsung Co Ltd. Electronics, 2- Electricity of Vietnam (EVN) and 3- Vietnam Oil...
The Vietnamese dairy company won in the processed food category under the large corporate group. Singapore Business Review and Hong Kong Business hailed Asia's leading exporters and their award-winning products and services at the recently concluded Asian Export Awards 2019. On its second year, the awards programme lauds exceptional products and services that have remarkably enhanced a company's business in the regional export scene. This...
At the commemoration of "30 years of the first ship of Hon Gai Anthracite coal for iron and steel production in Japan”, a working meeting between the leaders of Vietnam National coal and mineral industries Group (Vinacomin) and Japan iron and steel companies. At the meeting, Japanese iron and steel companies expressed desire to import high quality coal of Vietnam...
Vietnam’s e-commerce market size is expected to reach US$15 billion by 2025. Vietnam is the second fastest growing e-commerce market behind Indonesia according to the e-Conomy report by Google and Temasek. This strong growth has set high demand for e-commerce logistics and the industry expected to reach an average growth of 42 percent every year until 2022. The industry was valued...
On the morning of November 15, in the Government Office at a meeting with Deputy Prime Minister (DPM) Trinh Dinh Dung, Mr. Scott Kicker - General Director of Gen X Energy Company (USA) said: Gen X Energy is studying the opportunities to invest in LNG power projects with a total investment of about US$ 6 billion. Speaking at the meeting,...
On 6th November 2019, in Ho Chi Minh City, after the first successful exploration in Spain of Europe in past June, PV Box, a Chinese vertical professional solar media successfully held another solar and wind summit in the center of this hottest Southeast Asia market of 2019. Over three hundred industrial CEOs of solar and wind industries, representatives from government,...
Image courtesy of AES U.S. energy company AES Group has signed a memorandum of understanding (MOU) with Vietnam’s Ministry of Industry and Trade for implementing the Son My 2 combined cycle gas turbine (CCGT) project. The Son My 2 CCGT project has a total capacity of 2.2 GW will be developed in the Binh Thuan province, and will have an estimated...
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