Category News

International Corporations Hold Dominance in Warehousing Market

According to FiinGroup Vietnam, foreign companies controlled 75% of the warehousing market last year. The top three players—Mapletree from Singapore, SEA Logistic Partners (a subsidiary of global logistics real estate firm GLP), and BW Industrial (a joint venture between U.S.…

FedEx Express Plans Expansion in Vietnam

FedEx Express, a US-based company, aims to enhance its presence in Vietnam while continuing its logistical operations at Tan Son Nhat International Airport in Ho Chi Minh City. Richard W. Smith, president and CEO of FedEx Express, conveyed this during…

Walmart and Amazon Seek to Increase Purchases from Vietnam

Walmart, Amazon, Miniso, and other global retailers are aiming to source more products from Vietnamese suppliers. Aly Ansari, senior director of sourcing at Walmart, stated at an export forum during the Vietnam International Sourcing Expo that Vietnam is one of…

US Chipmakers Kickstart Plans in Vietnam

US chipmakers are ramping up operations and partnerships in Vietnam, which is becoming a key semiconductor hub amid the AI boom. In mid-May, US-based chip designer Marvell Technology announced a significant expansion in Vietnam, including a growing workforce over the…

Swiss Trader Sucafina to Acquire Mercafe Vietnam from Mercon

Sucafina SA, a Swiss coffee trader, intends to acquire Mercon Coffee Group’s branch in Vietnam, Mercafe Vietnam Ltd., signifying a significant expansion in Vietnam, the world’s largest robusta bean producer used in instant coffee production. Sucafina’s local subsidiary is overseeing…

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