Advertisements

Random Post

Vietnam Investment News

Vietnam Business » Vietnam Investment News » DHL Builds New $1.5-million Distribution Center in Vietnam

DHL Builds New $1.5-million Distribution Center in Vietnam

DHL is investing more than $1.5 million to build a new DHL Distribution Center at Inland Clearance Depot Song Than, Binh Duong in Vietnam. A 15,000-sqm built-to-suit multi-user warehouse, the development of the DHL Distribution Center, is part of overall plans to expand DHL Supply Chains footprint throughout Vietnam.

Occupying a total land area of 60,000 sq.m, the site will be developed in three phases. In the first phase, the distribution center will feature an Integrated Packaging Center (IPC).

The Integrated Packaging Center will help businesses enhance the speed-to-market of their products as it will provide a coordinated system of preparing goods for transport, warehousing, logistics and sale which will serve the needs of companies across a wide range of industries including technology, consumer and retail sectors. Construction for the new facility commenced in March 2010 and is expected to be completed before Q4 2010.

Located in the province of Binh Duong, Song Than, 20km away from Ho Chi Minh City centre; the distribution center is connected to the South, Central and Northern parts of Vietnam.

Paul Graham, CEO, DHL Supply Chain Asia Pacific, said: "Our investment in the new facility signals DHL Supply Chains commitment to Vietnam, and confidence in the dynamic and growing economy.

With the governments projected GDP growth of 6.5 -7%, and Asia Pacific packaging market growing at 4.7% per annum, our investment will further strengthen the range of world-class solutions available to businesses operating in Vietnam."

"By integrating the packaging services with the warehousing and distribution operations, we can ensure enhanced flexibility in packaging requirements and market responsiveness for our customers. We will continue to focus on sector-specific solutions for our customers and provide the flexibility of multi-user warehousing as required by our customers in this dynamic market," commented Ryan Tang, Country Manager, DHL Supply Chain Vietnam.

Vietnam Business And Financial News Network. Source [stox.vn]

More Vietnam Investment News:

Popular Vietnam Business News

Vietcombank H1 Pretax Profit of VND2,450B Meets 75 per cent of Year's Target

The Joint Stock Bank for Foreign Trade of Vietnam (VCB) made pretax profit of VND2,450 billion in the first half this year, fulfilling 75 per cent of its yearly target,

Bank For Agricultural Of Ho Chi Minh City

These are some of the leading stories in the official Vietnamese press on Tuesday. Reuters has not verified these stories. -- Partly private Dong A Bank said it made a

PetroVietnam Asked to Rebuild Financial Plan for Dung Quat Refinery

The US$3.1-billion refinery has to date produced gasoline A92, kerosene, diesel oil, and liquefied petroleum gas (LPG) for the market. The plant had sold a total of 5,630 tons of

Sheraton set for Nha Trang market entry

The Sheraton Nha Trang, located in the central coastal city of Khanh Hoa Province, will host its soft opening on March 19 to welcome both business and leisure travellers. The

Dana - Italy Steel JSC applies for listing shares on northern bourse

Hanoi Stock Exchange (HNX) announced to receive application profile for listing 15 million shares of Dana - Italy Steel Joint Stock Co on March 19, 2010. The company with chartered

Low-income Apartment Segment Attracts Investors

While the apartment block segment has not yet seen recovery; low-cost houses are attracting speculators attention, which has helped to form a sudden price hike in realty in the west

Vietnam garment exports set to rise as industry holds line on prices

Viet Nams garment industry has a worldwide reputation for making competitively priced and high quality garments, a survey conducted by the US-based non-profit group Kearny Alliance has found.

Vienam eeal estate developers race to build skyscrapers

Thirty-seven, sixty-eight, seventy, even 102 storeys - in Hanoi and Ho Chi Minh City, bigger and bigger buildings are reshaping the skyline. Most skyscraper projects have been developed by heavyweights

Advertisement