DHL Express unveils Hanoi Gateway to boost Vietnam’s international trade capabilities
DHL Express, the world’s big international express service provider, on Tuesday inaugurated its new Hanoi Gateway near the capital city’s Noi Bai International Airport with a total investment of EUR 11.7 million ($12.62 million).
According to DHL, the newly relocated Hanoi Gateway is double the size of the old warehouse at an impressive 4,500 sqm. Its peak handling capacity has also increased by four times.
The express cargo facility is complemented by a well-established national service network, including another gateway in Ho Chi Minh City, 10 service centers, 17 service points, and 25 dedicated flights per week.
Moreover, it is part of DHL’s 50 gateways in Asia Pacific, supported by four main hubs – central Asia Hub in Hong Kong, North Asia Hub in Shanghai (mainland China), South Asia Hub in Singapore and Bangkok Hub (Thailand).
“We are convinced of the nation’s growth potential and continued rise as a global manufacturing hub. Despite the volatile economic landscape, DHL Express has remained focused on providing stable and reliable international express shipping services.
This strategic investment is a testament to our strong support for customers’ growth, bolstering interconnectivity between Vietnam and the rest of the world. We anticipate that this will open doors to many opportunities for small and medium enterprises,” said Bernardo Bautista, general director and country manager of DHL Express Vietnam.
With sustainability at the core of DHL’s business, the new carbon-neutral Hanoi Gateway aligns with the group’s net-zero emissions target by 2050. It features 275 solar panels on the roof, generating an estimated 120 kWh per hour while reducing 70 tons of carbon emissions each year.
The facility also employs high-efficiency equipment, including IE3 motors for conveyors (denoting ‘Premium Efficiency’ for electric motors), 100% LED lighting, electric forklifts, and green air-conditioning systems utilizing variable refrigerant volume technology. Besides, its building management system software monitors and automatically controls electrical consumption, further promoting energy efficiency.
Mark Komene, senior firector for operations at DHL Express Vietnam, commented: “The Hanoi Gateway is an important step in our sustainability roadmap towards a cleaner and greener future. With a bigger space, the facility can handle a lot more shipments, allowing us to increase our operational efficiency while minimizing greenhouse gas emissions. We are proud to work together with our customers to make practical contributions to the environment.”
According to DHL, the broader economic landscape and forecasts made by the World Bank earlier this year pointed to a promising upswing in Vietnam’s export prospects, driven by improved growth in China, the U.S., and the EU, alongside robust global demand.
Despite ongoing geopolitical tensions impacting international trade dynamics, recent data as of October reveals a resilient performance. Vietnam's total exports and imports reached $557.95 billion and a trade surplus of $24.61 billion, marking a significant 157% year-on-year increase.
This positive trajectory is in sync with Vietnam's proactive engagement in pivotal international trade agreements, including the ASEAN free trade area, comprehensive and progressive agreement for trans-pacific partnership, EU-Vietnam free trade agreement, the regional comprehensive economic partnership, and the Indo-Pacific economic framework for prosperity.
The outlook remains optimistic, underscoring Vietnam's resilience and strategic positioning in the global economic landscape. As a vital cog in the supply chain of most companies in Vietnam, DHL Express has continuously been investing in its people and infrastructure to grow in tandem with the country, empowering local businesses and placing them in a favorable position when global trade recovers, HDL stated in its release.
DHL, one of the leading global brands in the logistics industry, has about 395,000 employees in more than 220 countries and territories worldwide.
- Read More
Philippines’ Jollibee earns $7.4 mln from fried chicken in Vietnam in Apr-Sept
The Philippines’ Jollibee Foods Corporation (JFC) earned an EBITDA (earnings before interest, taxes, depreciation, and amortization) of PDP435 million ($7.4 million) from its global fried chicken chain Jollibee in Vietnam in April-September.
Companies - Mon, December 23, 2024 | 12:35 pm GMT+7
Vietnam one of the most dynamic, important pharma markets in Southeast Asia: Sandoz exec
Vietnam is one of the most dynamic and important pharma markets in Southeast Asia, and Sandoz, a Switzerland-headquatered global leader in generic and biosimilar medicines, has decided to invest massively in the country, said Charaf Eddine Kadri, general director of Sandoz Vietnam.
Executive Talk - Mon, December 23, 2024 | 8:36 am GMT+7
Noi Bai, Tan Son Nhat airport terminals to be completed in 2025: investor ACV
The T3 passenger terminal at Tan Son Nhat International Airport in Ho Chi Minh City will be completed by April 30, 2025, two months ahead of schedule, while the expansion of the T2 passenger terminal at Noi Bai International Airport in Hanoi is slated for completion next year.
Infrastructure - Mon, December 23, 2024 | 8:23 am GMT+7
Vietnam’s benchmark VN-Index to reach 1,400-1,420 points in 2025: broker
The VN-Index, representing the Ho Chi Minh Stock Exchange (HoSE), may hit 1,400-1,420 points in 2025, driven by an 18% market-wide profit growth and a price-to-earnings (P/E) ratio of 12.5-13x, according to broker MBBank Securities (MBS).
Finance - Sun, December 22, 2024 | 7:52 pm GMT+7
HCMC's first metro line officially operational after nearly 2 decades
The first urban railway line in Ho Chi Minh City, named Ben Thanh-Suoi Tien, officially started commercial operations on Sunday after nearly two decades of waiting.
Infrastructure - Sun, December 22, 2024 | 2:17 pm GMT+7
Vietnam's 2025 GDP to grow 6.5% on robust infrastructure investment, consumer spending recovery: VinaCapital
Domestic factors, including a ramp-up in Government infrastructure spending, a revival of the real estate market, and a recovery of consumer spending, will help sustain Vietnam's GDP growth at a circa 6.5% pace next year, in-line with the National Assembly’s official target and with 2024 GDP growth, write Michael Kokalari, chief economist at VinaCapital.
Consulting - Sun, December 22, 2024 | 2:00 pm GMT+7
Vietnam shipping, seaport stock rally driven by rosy outlook in 2025
Many shipping and port stocks have risen sharply since November on an optimistic outlook for the industry driven by increasing throughput and a shift in container shipping alliances in 2025.
Companies - Sun, December 22, 2024 | 10:00 am GMT+7
Singapore’s Platinum Victory seeks to raise stake in Vietnam’s REE to nearly 45%
Singaporean fund Platinum Victory Pte. Ltd. has registered to buy another 16.8 million shares in Ho Chi Minh City-based utility firm Refrigeration Electrical Engineering Corporation (REE), aiming to increase its ownership to nearly 45%.
Finance - Sun, December 22, 2024 | 9:29 am GMT+7
1.8 km road connecting Lach Huyen Port terminals to be built in northern Vietnam
The Hai Phong Economic Zone Management Board has taken a significant step forward in enhancing infrastructure around Lach Huyen Port by establishing a council to appraise the environmental impact assessment for the road connecting terminals No. 3 to No. 6.
Economy - Sun, December 22, 2024 | 8:00 am GMT+7
Hanoi TikToker internationally wanted for involving in multi-billion-dollar scam
Hanoi police have issued an international arrest warrant for Le Khac Ngo, known as "Mr. Hunter," a key accomplice in a recently-dismantled massive foreign exchange and securities fraud ring.
Society - Sat, December 21, 2024 | 10:57 pm GMT+7
Unlocking Phu Quoc’s potential to become the 'Hawaii of the East'
Leading global tourism companies have remarked that Phu Quoc has "yet to receive the recognition it deserves," despite its impressive and unexpected growth rate.
Travel - Sat, December 21, 2024 | 7:20 pm GMT+7
Thai central bank maintains policy interest rate at 2.25%
The Thai Chamber of Commerce (TCC) has said it backs the decision by the Bank of Thailand, the country's central bank, to maintain the policy interest rate at 2.25%, considering the move as suitable for a reviving economy.
Southeast Asia - Sat, December 21, 2024 | 5:43 pm GMT+7
Vietnam's military-run tech giant Viettel strikes big deals at international defence expo
Subsidiaries of Military Industry and Telecommunications Group (Viettel) signed a string of significant contracts with major global partners during the first two days of the Vietnam International Defence Expo 2024 in Hanoi.
Companies - Sat, December 21, 2024 | 5:36 pm GMT+7
Taiwan’s Wistron acquires 37ha land lot in northern Vietnam for expansion
Taiwan-headquartered Wistron, a top electronics provider and an Apple supplier, will further its investment in Vietnam’s northern province of Ha Nam by acquiring another 37.1-hectare land lot.
Companies - Sat, December 21, 2024 | 2:08 pm GMT+7
VAFIE seeks to promote sci-tech development, intellectual property policies
The Vietnam’s Association of Foreign Invested Enterprises (VAFIE) aims to enhance policies for the development of science, technology, and intellectual property, creating a more conducive investment environment.
Companies - Sat, December 21, 2024 | 1:59 pm GMT+7
Vietnamese dong likely to depreciate 3% in 2025: VinaCapital
The Vietnamese dong is likely to depreciate 3% in 2025 on anticipation that the US Dollar/DXY Index will finish 2025 nearly unchanged, says Michael Kokalari, chief economist at Vietnam's leading fund manager VinaCapital.
Economy - Sat, December 21, 2024 | 11:23 am GMT+7