Business

Maersk expands northern Vietnam operations with first bonded warehouse

Hannah Dang November 06, 2024 | 02:34 PM GMT+7

A.P. Moller–Maersk has launched its first bonded warehouse in Vietnam, situated in the SLP Park in Nam Dinh Vu Industrial Park, Haiphong.

The bonded warehouse aims to meet the growing logistics needs of Northern Vietnam, a region seeing increased import-export activity from local and international businesses.

Strategically located near Haiphong’s seaport and connected to Maersk’s fulfillment center and Lach Huyen terminal , the new warehouse is expected to streamline supply chains and reduce costs for Maersk’s clients. The facility offers duty-free storage, advanced inventory management, and accelerated shipping to support businesses operating in the region.

The warehouse, designed for efficiency, features high-tech sorting and barcode systems, automated inventory control, and energy-efficient lighting to reduce operational costs and environmental impact.

Its first client, Amazon Vietnam, will begin using the facility in October, leveraging Maersk’s bonded warehouse services, domestic fulfillment, customs handling, and in-land transportation solutions.

The launch of this facility highlights Vietnam’s growing role as a logistics hub for Southeast Asia, attracting significant foreign direct investment. Maersk’s expansion aligns with this growth, positioning the company to support and enhance the region’s logistics capabilities while contributing to the local economy.

Tapping into opportunities for martech in Vietnam

Tapping into opportunities for martech in Vietnam

Business -  10 month
Vietnam's marketing technology landscape is evolving rapidly, propelled by a niche group of "whale" users who are driving a large portion of in-app purchases.
Tapping into opportunities for martech in Vietnam

Tapping into opportunities for martech in Vietnam

Business -  10 month
Vietnam's marketing technology landscape is evolving rapidly, propelled by a niche group of "whale" users who are driving a large portion of in-app purchases.
SAP positions Vietnam as key R&D hub with €150 million investment

SAP positions Vietnam as key R&D hub with €150 million investment

Business -  4 day

Located in the heart of Ho Chi Minh City, SAP Labs Vietnam is the second SAP Labs Network hub in Southeast Asia, following Singapore and is one of 20 countries that have SAP Labs globally.

Solar & Storage Live Vietnam returns, leading sustainability and innovation in energy sector

Solar & Storage Live Vietnam returns, leading sustainability and innovation in energy sector

Business -  1 month

Solar & Storage Live Vietnam event has been running since 2017 and the 2025 edition will be the biggest yet.

New alliance pushes ESG standards for Vietnamese businesses

New alliance pushes ESG standards for Vietnamese businesses

Business -  1 month

A new partnership between EY and the Vietnam-Singapore Board Forum (VSBF) is set to strengthen ESG capabilities for Vietnamese businesses, helping shape more sustainable business models.

US giant backs Vietnam’s bid to lead ASEAN gas trade

US giant backs Vietnam’s bid to lead ASEAN gas trade

Business -  2 month

With strategic deals and strong policy alignment from the Vietnamese government, Excelerate Energy aims to anchor Vietnam’s LNG ambitions in the region.

Frasers Property, SPX Express sign deal for largest sorting centre in Southeast Asia

Frasers Property, SPX Express sign deal for largest sorting centre in Southeast Asia

Business -  2 month

Scheduled for completion in 2027, the logistics facility will be the first of its kind in Vietnam significantly boosting parcel processing capacity up to 7 million parcels daily.

Gamuda Land secures VND3,750 billion loan for Eaton Park project

Gamuda Land secures VND3,750 billion loan for Eaton Park project

Business -  2 month

Gamuda Land will use the loan to invest in a luxury real estate project in Ho Chi Minh City.