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The center will provide logistics and e-commerce services in the capital city and the northern region of Vietnam.

The region is home to 26 logistics centers or 35% of the total nationwide.

Hanoi needs a complex or a logistics center to handle the collection and delivery of goods in the metropolitan area.

It is imperative to keep an eye on international competition in industrial property and logistics, as the sector is booming worldwide.

Vietnam’s logistics market is expected to grow at an average of more than 13% per year by the end of 2022 and subsequent years.

The new facility will be equipped with warehousing automation, smart building, and energy-efficient solutions.

The expansion will further broaden the company’s reach across Vietnam and Asia more broadly due to its prime location on the key trade routes with China and Southeast Asia

The new fund will focus on developing modern and environmentally-friendly logistics facilities in Hanoi and Ho Chi Minh City.

Many Dutch businesses are looking for investment opportunities in logistics in Vietnam.

A well-functioning logistics sector underpins most economic activities and is fundamental for productivity and growth.

By 2025, the logistics sector aims to contribute 9-11% of the GRDP with an average growth rate of 17-21%.