In a first for Asia, TNT, leading provider of global express services, will provide premium express post in Vietnam, with an investment of more than 7 million Euro over the next four years.
The launch follows increasing demand from customers in the region for efficient and reliable transportation of goods in Vietnam.
Part of the investment will go towards additional vehicles and new hires. The company will also open five more branches in Bac Ninh, Vinh Phuc, Vinh, An Giang and Ca Mau province to support the service, thereby increasing the total number of TNT’s branches in Vietnam to 23.
According to regional managing director for TNT Asia Onno Boots TNT aims to expand its presence in key emerging markets by growing its domestic footprint and regional capabilities to support intra-regional and international trade growth.
“With GDP growth rates projected as high as 10 per cent by analysts, Vietnam is a rapidly emerging economy. More than USD13 billion in foreign investments is also expected to pour into Vietnam’s economy this year to further boost its manufacturing and industrial sectors,” he says.
“Given the tremendous business opportunities, TNT will continue to invest in developing innovative solutions so that businesses in Vietnam can enjoy the greatest flexibility in choosing the right and most cost-effective transportation solution to meet their business needs.”
“Fast tracking our growth in Vietnam also supports our growth strategy to focus on enhancing the efficient flow of goods and information across borders, thereby facilitating companies’ access to other international markets, in particular China,” Boots says.
This initiative also supports the recent expansion of TNT’s Asia Road Network into Vietnam which will prepare the company for accelerated high double digit growth as part of its strategic agenda for the next three to five years. TNT also plans to extend the Asia Road Network to reach China through the north-eastern border of Vietnam by the end of 2007.
As with all its services, TNT will offer an integrated and comprehensive range of services for time definite door-to-door express delivery of documents, parcels and freight in Vietnam.
Customers can expect full track and trace visibility, round the clock support as well as a 60-minute pick-up service for consignments from the moment TNT is notified.
Customers can also look forward to additional benefits such as a ‘receiver pays’ solution where receivers are invoiced the transportation charges for added convenience.