Maersk launches its new logistics centre in Bac Ninh to address the needs of a high-demand North Vietnam market.
The new warehouse offers warehousing and distribution solutions to support customers and the significant trade growth in the region.
Bac Ninh Phase 3 (Viet Nam), the 11,000 square-meter warehouse, is located inside the VSIP Industrial Park in Bac Ninh, within 25 km to Hanoi centre and 120 km to Hai Phong port.
Approximately 40% of the new warehouse is occupied by Turkish home appliances company Vietbeko, while the remaining capacity is filled by customers from various segments including automotive and FMCG.
The Bac Ninh logistics centre will enable Maersk to offer end-to-end solutions to North Vietnam customers and thus better meet their specific requirements.
“Maersk has a longstanding commitment to Vietnam and we are continuously reviewing our value proposition to ensure we offer competitive end-to-end solutions to fuel our Vietnamese customers’ business ambitions,” says Marco Civardi, Maersk Vietnam Managing Director.
“With our investment in this new logistics centre, we are proud to provide agile capacity and thus help facilitate the continuous trade growth and development of North Vietnam.”
Vietbeko Head of Supply Chain Quang Le said: “The opening of Maersk’s new logistics centre today demonstrates your company’s continuous innovation and development to support our business growth in the Vietnam market.
“It not only marks an important milestone in our collaboration going forward but the investment is also a crucial step for North Vietnam to become a viable and globally competitive trade hub.”
Over the past five years, Vietnam has been in the fastest growing range compared to other Asian countries.
In 2018, the country was ranked the 8th biggest export/import country in Asia, and based on this growth rate, Vietnam is expected to be ranked the 4th biggest export/import country by 2023.
North Vietnam is seeing continuous growth in electronics, automotive and retail segments.