Logistics firm gets $70 million-funding from IFC
The funding will help ITL transform and grow by acquiring new assets, developing new warehouses and facilities, and deploying advanced information technology systems.
The funding will help ITL transform and grow by acquiring new assets, developing new warehouses and facilities, and deploying advanced information technology systems.
Growing foreign direct investment and a move up the value chain mean Vietnam’s industrial real estate sector has an optimistic future, according to Savills Vietnam.
With improving market fundamentals, Vietnam stands a good chance of winning logistics market share as its regional peers shift towards more mature industrial development, according to Jones Lang Lasalle.
Vietnam's logistics industry has the potential to become a key economic sector; however, after 40 years of operation, it still shows many weaknesses.