US logistics company sets up in HCM City

US-based BDP International is poised to become a major player in Viet Nam’s logistics industry following the establishment of a new subsidiary company headquartered in HCM City.

BDP International Viet Nam will also have representation in Da Nang and Ha Noi.

BDP has annual revenues in excess of US$1.6 billion, a presence in more than 120 countries and territories, and some of the world’s largest corporations like DuPont, Johnson & Johnson, Panasonic, and ExxonMobil as clients.

Mike Andarola, managing director of BDP Asia Pacific, said: “We are seeing a growing demand for Vietnamese produced goods in North America, Europe as well as in other parts of Asia.

“We expect our customers will source more of their goods from Viet Nam, and this new company will allow us to continually support our customers as they expand their supply chains.”

“As the global leader in chemical logistics, we see great potential for this sector to grow during the next few years. Many chemical companies are looking to establish themselves in Viet Nam, with some considering building manufacturing plants.”

He said BDP will target the healthcare, retail, telecom, electronics, and other manufacturing industries.

“Viet Nam will be a key element of BDP’s strategy in Asia over the next decade as the nation emerges as a true economic powerhouse,” Andarola added.—VNS

Tags: BDP International, vietnam logistics