CEVA Logistics has officially opened its new facility in Ho Chi Minh City, effectively doubling the size of its local operation
CEVA Logistics has officially opened its new facility in Ho Chi Minh City, effectively doubling the size of its local operation. The new facility is located close to the two cargo terminals of the country's busiest airport, Tan Son Nhat International, and a short drive from the container port of Cat Lai.
The company has a long-established presence in Ho Chi Minh City and Hanoi serving one of the most dynamic and fast-growing markets in East Asia.
The World Bank forecasts that Vietnamese economic growth will continue at 6.5 per cent per annum, particularly as a result of the free trade agreements (FTAs) which Vietnam signed with the European Union and the US in 2016.
Vietnam's remarkable development record along with its enhanced ability to connect with the world's biggest economies, makes it an ideal import/export hub and a strategic destination for companies looking to build manufacturing facilities in Southeast Asia.
Said CEVA Logistics CEO Nicolas Sartini: 'Our flexible business model enables us to move quickly to tap into Vietnam's new opportunities and now we are ready to help our customers grow their operations in Vietnam and beyond.'
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