Ha Noi — Freight and logistics stocks have seen major gains since the beginning of 2020 even as the COVID-19 pandemic has wreaked havoc on the economy. According to the General Statistics Office, the country’s exports topped US$254 billion during the first 11 months of the year, making for an increase of 5.3 per cent…
Australian company Logos plans to invest $350 million in the logistics real estate segment in Vietnam to take advantage of rising demand in the country. It has established Logos Vietnam Logistics Venture, a joint with an unidentified global investor. Logos said in a statement that it wants to develop logistics real estate in Ho Chi…
Belgian and Dutch firms have expressed interest in funding part of a $984 million seaport logistics complex in southern Ba Ria–Vung Tau Province. They proposed Wednesday to Prime Minister Nguyen Xuan Phuc to invest in Cai Mep Ha Logistics Center to oversee large container ships at the Cai Mep port complex, which in recent years…