BEST Inc. - China's leading provider of logistics and smart supply chain solutions - inaugurated its courier service in Ho Chi Minh City on October 11.
Hanoi (VNA) - BEST Inc. - China's leading provider of logistics andsmart supply chain solutions - inaugurated its courier service in Ho Chi MinhCity on October 11.
The Chinese enterprise’s move marks a major step in penetrating the SoutheastAsian market, after its operation of courier service in Thailand in early 2019.
Johnny Chou, founder, chairman and CEO of BEST, said the firm’s operation inVietnam is a remarkable milestone for its global strategy.
Chouhoped that BEST’s technology solutions will contribute to the development of thelogistics sector and digital economy in Vietnam and Southeast Asia.
BEST’s logistics and supply chain services provide a high-quality option formerchants and consumers in Vietnam in the context that ASEAN is striving tobecome an increasingly important economic centre.
Withits plan to establish and operate a total of seven classification centres in theVietnamese market, the Chinese firm, in cooperation with BW Industrial, isbuilding a centre for classifying goods in HCM City.
Covering an area of 4.5 ha, the centre’s construction is scheduled to becompleted in April 2020, equipped with high-speed automatic classification linesand scanning systems of goods weight and dimension. It also offers a smart storage service./.
Center Power Tech Vietnam, a subsidiary of China’s Vision Group, on April 11 put into operation the third phase of its factory at Nhon Trach 2 Industrial Park in Dong nai province.
Representatives from the Ho Chi Minh City People’s Committee and Pacific Construction Group Company Limited (Pacific Group) of China met on June 27 in HCM City to discuss the possibility of cooperation in urban infrastructure development.
Chinese steel firm Mintal Group Co. Ltd has expressed a desire to build a 2 billion USD Ferocrom, stainless steel and non-ferrous metal factory in central Thanh Hoa province’s Nghi Son economic zone.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
Illustrative image (Source: internet) 
