Japanese logistics firm opens hub in Vietnam

Japanese-invested logistics firm Yusen Viet Nam put its international entrepot into operation on No.17, in a bid to meet increasing demands for logistics services in Viet Nam .

The 2.3 million USD entrepot is located in Hanoi ’s neighbouring province of Hai Duong , which provides easier access to the Hai Phong seaport and Noi Bai airport,

“The operation of the international entrepot will not only meet increasing demands for logistics services in Vietnam, but also function as a logistics hub in the region, linking with China, Thailand, Cambodia and Laos,” said Yusen Vietnam’s general director Tetsuro Tsuzuki.

Tsuzuki said although Vietnam and the global economy were experiencing financial challenges, demand for logistics services is still booming following the ongoing foreign investment hike in the country.

“One of the most important factors that makes Vietnam attractive in the eyes of foreign investors is cheap operation costs, even compared to China ,” he added.