Vietnam needs to build more highways: logistics firm exec

Vietnam needs to build more highways: logistics firm exec

Vietnam's logistics industry has made remarkable progress, but logistics costs in the country are still higher than the world average, increasing business expenses and reducing competitiveness. Alexander Olsen, CEO of ITL Freight Management & VP Group Commercial of ITL Corporation, talks with The Investor about the industry landscape and how ITL reduces costs and makes a difference.

Executive Talk - Mon, Dec 22, 2021 | 11:30 am GMT+7

DHL Express unveils Hanoi Gateway to boost Vietnam’s international trade capabilities

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).

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Logistics industry in precarious situation

Logistics industry in precarious situation

Despite recording positive business results in the first nine months of the year, logistics enterprises are in a precarious situation due to instabilities in gasoline supply and prices coupled with deep drops in shipping rates.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7