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Vietnam could become Asia’s most exciting market

12/9/2008 9:55:57 AM

Vietnam has potential to become the most exciting market in Southeast Asia, said Tony Hotine, managing director of Maersk Logistics for Asia Pacific after participating in Vietnam Ports and Logistics Conference.

 

He pointed to Vietnam’s wider access to the world’s trade, providing the country with a good platform for increased exports, which would in turn help to drive domestic growth.

 

Good long-term economic fundamentals are among the factors that Hotine named as strong support for the better future of Vietnam’s logistics industry. He clarified Vietnam had achieved high gross domestic product growth over the past decade.

 

Hotine said Maersk Logistics was facing many challenges and the company had prepared itself to make sure that it was agile enough to respond to any changes. However, he said, Maersk Logistics believed that the challenging time also offered opportunities.

 

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