Logistics meeting promises big deals

Deals worth hundreds of millions of dollars are expected to be signed at an international freight forwarders conference that opened in HCM City Sunday, according to organisers.

David L. Yokeum, chair of the WCA Family of Logistics Networks which will organise the eight-day WCA Annual Worldwide Conference 2011, said many foreign firms want to enter into joint ventures in Vietnam since local companies know the market.

The conference is being held at the Saigon Exhibition & Convention Centre in District 7 which has put up 500 meeting tables and 80 booths.

It will provide enterprises the chance to build new business relationships and strengthen existing cooperation.

Held every year in Thailand, it will move for the first time to Vietnam, attracting 1,600 logistics professionals from 160 countries.

The WCA Family of Logistic Networks is the world’s largest grouping of independent freight forwarders with 3,417 members in 174 countries. – Tuoitre

Tags: WCA Annual Worldwide Conference 2011, WCA Family of Logistics Networks