NX VIETNAM OPENS LOGISTICS CENTRE IN BINH DUONG PROVINCE

KUALA LUMPUR, July 26 (Bernama) -- Nippon Express (Vietnam) Co Ltd (NX Vietnam), a group company of Nippon Express Holdings Inc has opened the NX VSIP II Logistics Center in the country's southern province of Binh Duong and will begin its operations on Aug 1.

According to a statement, NX Vietnam's newly established NX VSIP II Logistics Center is located in an area with easy access to Ho Chi Minh City and its thriving manufacturing sector.

The warehouse will provide product storage, sorting and distribution processing services for retailers and serve as a distribution hub for Ho Chi Minh City and surrounding areas, as well as providing bonded inventory management services for export processing enterprises.

As Vietnam's economy has grown, consumer spending has increased and new retailers have continued to expand into the country.

In addition, a steady stream of manufacturing and other companies has poured into Vietnam, drawn by its abundant labour resources.

NX Vietnam will utilise the NX VSIP II Logistics Center as a major logistics base for the northern Ho Chi Minh City area, and will support customers considering launching new businesses in Vietnam or expanding existing ones by offering packaged services.

-- BERNAMA