Log in
Business

Hanoi has one new service center

The new service center in Hanoi is equipped with various technologies to minimize carbon emissions and maximize operational efficiencies.

A logistics center launched in Hanoi by DHL Express, the world’s international express service provider, will enable local businesses to access global markets through good services.

 Delegates attend the opening ceremony of Hanoi's service center. Photo: DHL Express

The Hanoi West Service Center, which costs an investment of approximately EUR2 million (US$1.98 million), is expected to contribute to Hanoi's logistics sector amid increasing investment inflows.

Bernardo Bautista, General Director and Country Manager of DHL Express Vietnam, said: "We are optimistic that the nation's exports and imports will continue to rise, including the northern region where several of the largest exporters from the technology sector are located."

Vietnam will continue to be one of the top 10 countries for trade volume growth in the next five years, the DHL Trade Growth Atlas highlighted.

According to the General Statistics Office of Vietnam, the Southeast Asian country recorded double-digit cumulative export growth in the first nine months of 2022, with electronics and garments among the top export commodities.

From the latest DHL Trade Growth Atlas, Vietnam, among the other ASEAN countries, is also forecasted to lead the world in export growth over the next five years. The IMF also estimates that Vietnam will see an increase in trade volume.

The latest center is also the 100th facility in the Asia Pacific region (excluding China) to achieve TAPA "A" certification by the Transported Asset Protection Association.

Handing over the 100th TAPA "A" Certification in Asia Pacific to DHL Express at the opening ceremony, TAPA Certified Expert and Chairman of TAPA APAC Tony Lugg, said TAPA Class "A" is the highest level of its security standards and denotes a facility as one that offers "elevated security protection."


Many other logistics providers are interested in investing in Hanoi. In August, Hanoi also welcomed a transportation and logistics center and a cross-belt automatic sorting system owned by Vietnam Post, located in Me Linh District, on the city's outskirts.

The municipal authority continues to provide incentive policies to attract major logistics providers so that the city would gradually turn into a logistics hub in the north.

By 2025, Hanoi's logistics sector is expected to contribute 9-11% of the GRDP with an average growth rate of 17-21%, while logistics costs would go down to 14-17% of the GRDP. The rate of logistics outsourcing would reduce to 50-60%.


Reactions:
Share:
Trending
Most Viewed
Related news
Vietnam to launch smart agriculture innovation center in Lang Son

Vietnam to launch smart agriculture innovation center in Lang Son

The center is expected to bridge gaps in technology testing, connect farmers with researchers and markets and accelerate sustainable, high-tech agricultural development nationwide.

Hanoi urged to train 100,000 digital engineers through online academy

Hanoi urged to train 100,000 digital engineers through online academy

The Capital Strategic Technology Development Forum gathered a wide range of proposals from businesses, experts and investors on how Hanoi should shape its deep-tech development agenda in the coming decades with a long-term vision to 2045.

Inclusive innovation must give everyone equal voice, experts say at TECHFEST Vietnam 2025

Inclusive innovation must give everyone equal voice, experts say at TECHFEST Vietnam 2025

Open innovation is becoming a cornerstone of Vietnam’s development strategy, as policymakers, experts and international partners emphasize people-centered collaboration to tackle inequality, climate change and urbanization through inclusive, technology-driven solutions showcased at TECHFEST Vietnam 2025.

Vietnam attracts $400 million in venture capital as tech startups surge

Vietnam attracts $400 million in venture capital as tech startups surge

Vietnam’s startup ecosystem continues to expand rapidly, with strong venture capital inflows and fast growth in digital, AI and green technologies, reinforcing the country’s appeal to global investors.

Vietnamese policymakers push for early launch of gold exchange

Vietnamese policymakers push for early launch of gold exchange

A transparent gold exchange would not only offer a safe investment channel for the public but also provide a foundation for Vietnam to become a regional hub for jewelry manufacturing and exports.

Rosatom commits to advanced-technology Ninh Thuan 1 nuclear plant in Vietnam

Rosatom commits to advanced-technology Ninh Thuan 1 nuclear plant in Vietnam

Rosatom will transfer technology, localize nuclear products in Vietnam and support the development of the country’s nuclear science and industry for peaceful purposes.

Hanoi accelerates innovation reforms to become favorite destinations for investors, technology talents

Hanoi accelerates innovation reforms to become favorite destinations for investors, technology talents

Hanoi is pushing forward a wide range of innovation-driven reforms and investment initiatives as it works to become one of the world’s most attractive destinations for high-tech and strategic investors.

Vietnam mulls sharp rise in casino entry fee for locals

Vietnam mulls sharp rise in casino entry fee for locals

Such higher rates are intended to discourage individuals without adequate financial capacity from entering casinos.