According to Robert, after Vietnamese Prime Minister Nguyen Xuan Phuc’s visit to Singapore 2018, the group decided to enter into a joint venture with T&T Group of Vietnam to develop an international logistics centre and an inland port in the northern province of Vinh Phuc.

Deputy Prime Minister Trinh Dinh Dung (R) shakes hands with Robert Yap, Executive Chairman of YCH Group.

The construction of the centre will begin in the third quarter of 2020, he said, adding it is hoped to create a connection point for the circulation of commodity supply chain between Vietnam and ASEAN, and regional and international markets.

Apart from providing the most modern logistics services, the centre will organize training programmes in logistics, he noted.

For his part, Deputy PM Dung applauded the investment cooperation project between YCH and T&T, saying that this is a specific manifestation of the Vietnam - Singapore strategic partnership.

Vietnam's goal is to build a complete transport infrastructure system, thus forming large logistics service centres at the international level, in order to reduce costs for enterprises and improve the quality and competitiveness of products, goods and the whole economy, he said.

Deputy PM Dung proposed the two firms to closely coordinate in order to soon complete the preparation for the construction of the project.

Singapore is now the third largest foreign investor and one of the most important trade partners of Vietnam. It is also a country with leading logistics industry in Asia.

Training course for UN logistics officers opened in Hanoi

A training course for United Nations logistics officers, co-organised by Vietnam and Canada, opened in Hanoi on April 16.

Vietnam urged to reduce logistics costs to enhance competitiveness

The World Bank made public a report on improving Vietnam’s land transport and a strategy on sustainable development of inland waterway transport in the country at a workshop in Hanoi on March 28. 

Mobilizing various sources in execution of Bac Giang International Logistics Center

(BGO) – On February 25, Vice Chairman of the Bac Giang provincial People’s Committee Duong Van Thai chaired a meeting with several departments, sectors and investors about the execution of infrastructure and warehouse construction for Bac Giang International Logistics Center. 

50 hectares of land in Yen Dung hired to grow banana for export

(BGO) – After careful survey, Hanoi based Hoan My Service and Trade Investment Joint Stock Company has proceeded the formalities to hire 50 hectares of agriculture land in the villages of Binh Voi, Tay and Duoi in Canh Thuy commune, Yen Dung district (Bac Giang province) to grow the banana for export.

Competition offers Vietnamese children opportunities to reaching out to the world

Children from 6-15 years old have the opportunity to receive a prize worth VND30 million when participating in the “Thieu nhi Viet Nam - Vuon ra the gioi (Vietnamese Children – Reaching out the World)” contest by introducing their videos introducing their prominent local culture.

Source: VNA