CEVA Logistics has officially opened its new facility in Ho Chi Minh City, Vietnam, doubling the size of its local operation. CEVA’s new facility is strategically located close to the two cargo terminals of the country's busiest airport, Tan Son Nhat International, enabling CEVA Logistics to further develop its best-in-class services in Vietnam. With their new facility, CEVA is expanding upon their long-established presence in Vietnam in both Ho Chi Minh City and the country’s capital, Hanoi.

The World Bank is indeed predicting that Vietnamese economic growth will continue to be around the 6.5% per annum mark in coming years, particularly as a result of the free trade agreements which Vietnam signed with the European Union and the USA in 2016. The agreements include abolishing certain customs duties and creating easier market access.

“With CEVA’s demonstrated competencies in air, ocean and ground already well established, our flexible business model has also enabled us to move quickly to tap into Vietnam’s new opportunities for growth,” said Nicolas Sartini, Chief Executive Officer or CEVA Logistics. “Thanks to our dedicated staff, our long experience and our expanded footprint, we are ready to help our customers grow their operations in Vietnam and beyond.”

About CEVA Logistics

CEVA Logistics, a global asset-light third-party logistics company, designs and operates industry leading supply-chain solutions for large and medium-size national and multinational companies. Its integrated network in Freight Management and Contract Logistics spans more than 160 countries. Approximately 58,000 employees are dedicated to delivering effective solutions across a variety of industry sectors where CEVA applies its operational expertise to provide best-in-class services.