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The 195- square meters new depot will cater to the fast growing import and export volumes driven by increased investment activities in Vietnam's south-western region. With increased capacity, the new depot can process an estimated 80,000 shipments annually. Its central location will further enhance customers’ efficiency and better time-to-market capabilities.
“Long An is a vital region in Vietnam's southern economic zone. The commercial base continues to expand as manufacturers take advantage of abundant labour, the availability of land and well-structured industrial zones. Long An’s close proximity to Ho Chi Minh City makes it a desirable place for investors and this will continue to drive increasing demand for logistics services,” said Tim Baxter, general director DHL-VNPT Express.
Vietnamis one of the fastest growing economies in Asia Pacific and has witnessed a growth rate of approximately 8 per cent since 2005. This strong economic growth is expected to continue into 2012. Long An, being one of the emerging industrial provinces, is expected to grow at an estimated 14 per cent from 2010 to 2015.
“The opening of our new Long An depot marks yet another significant milestone for DHL-VNPT Express. DHL has been operating in Vietnam for 22 years and we are confident of the long term growth prospects of the logistics industry within the country,” Baxter said.
“Vietnam’s rapidly expanding economy presents vast opportunities for DHL. The new Long An depot, together with DHL Express’ other 6 other facilities (including 3 service centres and 3 depots) around the country seamlessly connect DHL’s customers in Vietnam to the region and worldwide,” he added.
DHL Express’ $1 million investment in the Long An depot over the next five years follows $14 million in investments made previously, in airside facilities, service centres and fleet improvements for the company all over Vietnam.