Logistics centres

The key for ITL will be focusing on core businesses and customers to protect our existing market share while ensuring that we continue to deliver best in class levels and achieve our expected growth levels. Disruption and uncertainty are a key part of the challenges we face in the industry today locally and regionally and to overcome these challenges, we must remain focused and committed to our strategy. For ITL, we saw the launch of new domestically focused business units such as our new distribution business in 2018 and warehousing business in 2019. This enabled us to continue to benefit from our international play but also ensure we were in the right position to leverage on domestic growth. Equally, we have positioned ourselves to be a leader in international e-commerce cross border logistics which is a major game-changer and growth area in the industry. … [Read more...] about Our vision is to be ‘National Champion’ in the logistics industry in Vietnam

Jakarta (VNA) - Head of the ASEAN Studies Program at the Indonesia’s Habibie Centre Ahmad Ibrahim Almutaqqi said on January 20 that the ASEAN Foreign Ministers’ Meeting (AMM) Retreat held in the central city of Nha Trang from January 16-17 yielded impressive results, laying solid foundation for ASEAN Year 2020. He said the retreat held significance because it was the first meeting to announce priorities of the ASEAN Chair and decide on common orientations for the bloc. Almutaqqi spoke highly of initiatives mentioned in the Press Statement by the Chairman of the meeting, including those regarding Rohingya people in Myanmar. According to him, the East Sea issue, the Regional Comprehensive Economic Partnership (RCEP) and the ASEAN Outlook on the Indo-Pacific (AOIP) are urgent issues to be faced by ASEAN this year. On the East Sea issue, he highlighted the significance of the 1982 United Nations Convention on the Law of the Sea in the Press Statement, and hoped … [Read more...] about Indonesian scholar hails outcomes of AMM Retreat

Hanoi (VNS/VNA) - The logistics sector is forecast to continue growing strongly this year, with expansion in both retail and e-commerce channels. The Vietnam E-commerce and Digital Economy Agency (IDEA) forecasts that the Vietnamese e-commerce market will reach 10 billion USD this year. The agency also estimated that delivery services would record a revenue growth of 30-40 percent, with the market growing 20 percent and large companies taking a bigger share. In a Google-Temasek report on e-commerce in ASEAN countries, the Vietnamese e-commerce market is estimated to increase from 4.6 billion USD last year to 23 billion USD by 2025. The strong growth of e-commerce is beneficial for other supporting industries, such as logistics and e-payment services. However, the competition in the delivery industry is high as new competitors entered the market in the 2018-19 period, such as Grab Express. The European Union − Vietnam Free Trade Agreement (EVFTA) is expected to take effect … [Read more...] about Delivery services to grow 30-40 percent in 2020

All amusement and business establishments in the capital like bars, pubs, restaurants, and shops start winding down before midnight when police patrols set out, reminding them to shut down, turn off the electricity and clear motorbikes off the sidewalk and street. … [Read more...] about Hanoi trails regional tourist hubs in attracting visitors

Scientists with the MRC Centre for Global Infectious Disease Analysis at Imperial College in London warned in a paper published Friday that the number of cases in the city was likely to be closer to 1,700, much higher than the number officially identified. … [Read more...] about SARS-like virus spreads in China, nearly 140 new cases