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With an initial investment of VND2.4 trillion ($103.6 million), IPP Air Cargo will start with five freighters. It estimates revenues of $71 million in the first year of operation. It would be the only cargo-dedicated airline in Vietnam, where all six carriers prioritize passenger transport.
- Vietnam firm reluctant to launch cargo flights, foreign carrier eager
Jonathan Hanh Nguyen, chairman of the airline’s parent...
- Vietnam firm reluctant to launch cargo flights, foreign carrier eager
28 lis 2022 · A government report titled Vietnam Logistics 2022 pointed out that roads remain the dominant transporting channel in Vietnam, and investment in key ports and railway stations is necessary. Human resources is another issue.
9 cze 2021 · A fully-fledged cargo airline in Vietnam would boost logistics development and stir up competition in the aviation sector amid an e-commerce boom, experts say.
Jonathan Hanh Nguyen, chairman of the airline’s parent company Imex Pan Pacific Group (IPPG), told VnExpress that global air cargo demand was declining due to current turmoil.
21 lis 2022 · Ship operator Vinalines’ profit increased by 30% to VND2.77 trillion, hitting its target for the year three months in advance. Warehouses in Ho Chi Minh City and Hanoi in the first nine months posted an occupancy rate of over 90%, according to property data provider Cushman & Wakefield.
Logistics companies are expanding in Vietnam as they eye profits from growing demand for transportation amid a boom in trade. U.S. company SEKO Logistics, which opened its Vietnam office Wednesday, has over 300,000 square meters of warehousing space, 350 container tractors and 150 trucks.
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