UPS (NYSE: UPS) is the global leading group in logistics, UPS offers a wide range of solutions including the transportation of goods, making it smooth for international trade and the deployment of advanced technology to more effectively manage the business.
UPS has become the first global express delivery company in Vietnam with 100% foreign ownership after the acquisition of 49% stake in VN Post Express in the joint venture of the two companies. This change allows the rapidly growing economy of Vietnam to have better connection with the world market through the UPS network.
As part of the global growth strategy, UPS has invested in new equipments and technology in the key industrial zones and commercial centers across Vietnam, including Ba Ria – Vung Tau, Binh Duong, Hai Duong and Bac Ninh. The new center is located at strategic positions in key business areas, where there is high demand for logistics services. UPS also provides for the exporters as well as Vietnam businesses in these regions greater opportunity to access with the ability and logistic service of UPS.
In addition to the new center, UPS also has many other important investments in Vietnam in the last two years, including the launching of Ocean Freight Preferred LCL (less-than-container-load) with the capability to provide services 40% faster than the traditional LCL services for container from the port of Ho Chi Minh City to the United States.
In 2012, with the improved tracking and shipping solutions such as Internet Pickup and UPS Quantum View Manage – which are available in Viet Nam on UPS.com, UPS can continue its commitment to serve the needs of businesses in Vietnam.
UPS has achieved strong growth in Vietnam since the start of their operation in 1994. With the operation of the nation’s economic growth in recent years, export of UPS Vietnam has grown over 20% in 2012.
(Source: TTOL, ANT Consulting)