mai hien

Vietnam, Singapore firms in warehouse JV at inland container depot
Monday, 28 August 2017 02:02

QUANG Binh Import and Export Joint Stock Company has signed an agreement to set up a joint venture with Transworld GLS Vietnam Ltd, a unit of Transworld Singapore Group. The JV will be branded Transworld QBV ICD (inland container depot).

The joint venture will specialise in providing warehouse, loading and unloading, packing and customs clearance services and other services related to road, rail and waterway transportation at Quang Binh - Dinh Vu ICD (inland container depot) in Hai Phong, reported Hanoi's VN Express.

In its first phase, the company will invest in transport and customs clearance services on an area measuring 10 hectares at the ICD.

Quang Binh Import and Export is a producer and distributor of fertiliser, chemicals, agro-aqua products, food and beverages, and provides bonded warehouse and yard services, import-export, and import and re-export service.

Understanding the importance of Ices in the international logistics and supply chain industry, the company decided to invest in the Quang Binh - Dinh Vu ICD last year.

The Quang Binh-Dinh Vu ICD will be developed in three phases, with the first phase including a warehouse capable of handling 100,000 tons of goods per year and yard with a capacity of 250,000 TEU per year. Once completed, Quang Binh-Dinh Vu will be one of the biggest Ices in northern Vietnam.

The joint venture with Transworld GLS Vietnam aims to make the operation of the Quang Binh-Dinh Vu ICD more effective.

Transworld QBV ICD JSC is looking to develop Quang Binh-Dinh Vu ICD to be an enclosed logistics chain service that entails depot, yard, warehouse, transportation, lift-on/lift-off (LOLO) equipment and auxiliary infrastructure, serving as the biggest transit and customs clearance point in northern Vietnam.

Speaking at the signing ceremony, Transworld chairman Mahesh Sivaswamy said: "Starting operation, the Transworld QBV ICD will contribute to cost reduction for enterprises by speeding up and improving efficient clearance service at the port. We engage that the volume of import and export cargo going through our depot is going to significantly increase."

Transworld Singapore is said to be one of the fastest growing companies in Asia and owns 40 containerships and 30,000 containers, including refrigerated containers.

PM urges focus on logistics sector
Friday, 25 August 2017 04:35

Prime Minister Nguyễn Xuân Phúc has asked the Ministry of Industry and Trade to co-operate with relevant agencies in the resolution of issues related to the logistics sector.

According to Decision No 200/QĐ-TTg, which was promulgated in February, the competitiveness of Việt Nam’s logistics services is to be boosted by 2025, ensuring that logistics will become an important service sector in the economy.

The PM asked the ministry to lower logistics costs to 18 per cent of the country’s gross domestic product (GDP) by 2025, thus improving the sector’s competitiveness. This could help increase the competitiveness of the commercial sector in particular and the economy in general.

However, many big firms operating in the logistics sector have struggled to cut costs.

For example, the northern city of Hải Phòng should revise fees for the use of infrastructure, service facilities and public utilities at ports in the city. Last December, the city’s People’s Committee promulgated a resolution regulating fees for construction, infrastructure, service buildings and public utilities at ports. Under the resolution, individuals and organisations that have shipments stored at bonded warehouses must pay between VNĐ2.2million (US$97) and VNĐ4.8million ($220) per container, an increase of nearly 70 per cent on the previous level.

The new fees, which took effect from the beginning of this year, has increased the cost of implementing logistics services.

Nguyễn Tương, Deputy General Secretary of the Việt Nam Logistics Business Association said conditions related to logistics services still caused difficulties for businesses’ development.

Based on the Law on Investment 2014, logistics has been a conditional business line, with the aim of creating a legal framework for State management agencies to effectively manage the services, according to Tương.

He said that if the transportation service providers had to pay high unofficial fees, this could considerably increase costs as transport accounts for up to 60 per cent of logistics costs.

He suggested that the Government should thoroughly implement Decision 200, focusing on four factors of the country’s logistics service system. These include policies and regulations regulating the logistics sector, infrastructure, logistics providers and customers.

In addition, the Government should take measures to help the logistic service sector contribute 8-10 per cent to GDP, achieve a growth rate of 15-20 per cent and reduce costs to 16-20 per cent of GDP by 2025.

It also targeted to bring Việt Nam into the top 50 countries with developed logistics services.

According to the World Bank’s ranking, Việt Nam is 64th out of 160 countries in the world and 4th in ASEAN after Singapore, Malaysia and Thailand in logistics development.

With the average growth rate of 16 to 20 per cent a year, logistics has been one of the service sectors with stable development in Việt Nam over the past few years.
Gla Global Logistics Conference Will Be Held During Oct 11-13, 2017 In Shenzhen, China
Tuesday, 22 August 2017 07:19

Gla Global Logistics Conference Will Be Held During Oct 11-13, 2017 In Shenzhen, China 


2017 GLA Global Logistics Conference
Oct 11-13, 2017
Shenzhen, China

It is our honor to announce that 2017 GLA Global Logistics Conference will be held in Shenzhen, China during Oct 11-13. We cordially invite you to join us  for expanding your business network and increase business opportunities.

GLA provides the platform for the memberships who dedicate to logistics supply chain and have advantages in service and rate locally. GLA is keep looking for reliable overseas partner in each country for local service. Thus, each attendee will have opportunity to become GLA overseas partner and help cargo owners complete the logistics supply chain service by providing local service. Also, offline link and one-on-one meeting with other attendees will have good effect on further cooperation. GLA conference opens for all the professionals in international logistics field.

GLA conference consist of opening ceremony, panel discussion, presentation and one-on-one meeting, exhibition, travelling etc.  Each attendee could make good use of it to promote your company service, reputation and develop wide logistics network for company development.

At the same time, For China policy ”Belt and Road” initiative, China will invest USD50 Billion to support those countries along land and maritime silk road development, which related about 100 countries and cover Asia, Europe, Africa and those countries who are interested in China market. It is great opportunity to witness China economic development and look for more strategy cooperation.

This time, expected attendees are about 600 from 60 countries. Looking forward to seeing you in Shenzhen, China.

Register now:

Name: Bill Zhang
Email:  This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Last Updated on Tuesday, 22 August 2017 08:16
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