Today, DHL, the world’s leading logistics company, announced that it would invest US$10 million over the next five years in its new joint venture in Vietnam. The company signed this agreement with its local Vietnam partners including Oriental Logistic to form a new entity, DHL Global Forwarding (Vietnam) Corporation.
The investments will go towards the expansion of facilities, employee training, upgrading of information systems and introducing an enhanced range of services for businesses in Vietnam. “The newly-launched DHL Global Forwarding (Vietnam) Corporation will offer customers the full range of logistics and supply chain services available anywhere in the world to local customers,” said Amadou Diallo, CEO, DHL Global Forwarding South Asia Pacific.
As part of this investment, by end 2009, DHL will also launch the “DHL Fashion and Apparel Center for Excellence” in Vietnam, its first in Southeast Asia. The center will comprise of a core team of industry experts and be responsible for developing tailored solutions and provide consultancy services to customers in DHL's biggest fashion and apparel logistics market in South East Asia.
Mr. Sam Ang, CEO, DHL Global Forwarding South East Asia said, “We are very optimistic about Vietnam’s growth potential. The country has recorded impressive export growth in the past decade, and even in the prevailing economic climate today, continues to grow its export volumes in various key industries – notably fashion.”
With over 50 years of experience in the fashion industry, DHL offers a comprehensive range of innovative logistics solutions that encompasses the entire supply chain from design and consulting through warehousing and distribution services to integrated information management and e-commerce support. These solutions address key business challenges such as on-self availability, supply chain, effective use of infrastructure and global sourcing.
DHL Global Forwarding (Vietnam) Corporation is a strategic investment by DHL in preparation for the anticipated future growth while concentrating on opportunities from the highly critical textile and apparel, footwear and furniture industries, which are very well established in Vietnam. The business is also ideally positioned to assist I.T. and telecommunications industries with their logistical needs as the country grows its manufacturing base in those fields. Customers will stand to benefit from a stepped up level of service capabilities and access to a global range of market leading logistics solutions.
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