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CEVA Logistics expands presence in Vietnam
23
Sep '14
CEVA Logistics, one of the world’s leading non-asset based supply chain management companies, has expanded its presence in Vietnam by opening a new branch office in Hanoi.
 
CEVA already has office in Ho Chi Minh City and the opening of the new office shows the company’s commitment to grow and expand in Vietnam to better serve its customers, the company said in a statement.
 
The new branch office in Hanoi, jointly set up with CEVA’s Vietnamese partner ITL Group, will handle the full range of supply chain and logistics services including airfreight and oceanfreight, contract logistics, warehousing and distribution, local transportation and other domestic value added services.
 
“CEVA’s strong global network and supply chain capabilities, backed by ITL Group’s local knowledge and expertise, enable us to realize our goal to be a logistics provider of choice in the market,” said Nelson Chow, CEVA’s MD for Vietnam.
 
In recent years, many multinational companies have set up their operations in North Vietnam, which has increased manufacturing and trading activities that require logistics and supply chain support. The opening of the Hanoi branch will enable CEVA to extend its expertise in this region.
 
Significant investments in developing the infrastructural connectivity in and outside of Hanoi with new highways, new airport and seaport connections have helped in positioning northern Vietnam as a key growth region.
 
“Expanding our presence in a fast emerging market like Vietnam is part of our overall growth strategy for the Asia Pacific region. Vietnam’s location between Southeast Asia and China is an ideal gateway for us to support our customers’ logistics and transportation needs as we see increasing intra-Asia trade,” commented Troy Shortell, CEVA’s Executive Vice President of East Asia.
 
ITL Group is a market leader in transportation logistics and Aviation services in Vietnam and Indochina.
 
With approximately 44,000 employees in more than 170 countries, CEVA Logistics is engaged in designing and implementing supply chain management solutions for large and medium-size companies across a variety of sectors. (RKS)
 

Fibre2fashion News Desk - India


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