FedEx the latest to add a freighter service to Vietnam
25 / 07 / 2018
FedEx is the latest freighter operator to add a new service to Vietnam as it looks to capitalise on an up and coming trade deal between the Southeast Asian country and the European Union (EU).
The new four-times-per-week service will fly between the Vietnamese capital Hanoi and the FedEx Express hub in Guangzhou, utilising Boeing 757 freighter capacity.
FedEx said the new route would significantly cut the delivery times between Europe and Vietnam and substantially improve transit times for all inbound flights to Hanoi.
It also pointed that the EU and Vietnam are currently finalising a trade and investment agreement and that Vietnam has become the EU’s second biggest trading partner in the Association of Southeast Asian Nations (ASEAN), after Singapore and ahead of Malaysia, with trade worth €47.6bn in 2017.
"Vietnam exporters shipping from Hanoi will benefit from the best transit time for shipments to major business centers in Asia, including China, Singapore, Malaysia and the Philippines, in just one business day," the express operator claimed.
"Shipments to Europe and North America will arrive in two business days. For all shipments to Hanoi, transit times will be reduced by one business day. Shipments from Europe will reach Hanoi in two business days, and shipments from North America arriving in three business days."
FedEx Express Europe president Bert Nappier said: "This new flight demonstrates our continued commitment to enhance our global capabilities to connect customers and create opportunities for individuals, entrepreneurs and businesses large and small to grow.
"With ongoing expansion in the manufacturing and technology industries, rapid growth in e-commerce and an increasing demand for healthcare services, the enhancements from this new flight strengthens our capabilities and supports the further development of trade possibilities between Europe and Vietnam."
FedEx is not the only freighter operator to launch services to Vietnam this year. AirBridgeCargo and Air Incheon have also added services over recent months.
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