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(VEN) - Vietnam’s logistics service industry has been formed since the 1990s based on transportation, freight forwarding and warehousing services. The industry has gone through its initial development period and achieved an annual growth rate of 15-16 percent. The World Bank’s Logistics Performance Index (LPI) Reports showed that Vietnam ranked 48th among 160 countries worldwide in 2014 and 64th in 2016. In ASEAN, Vietnam ranked fourth in 2014 and fifth in 2016, after Singapore, Malaysia, Thailand and Indonesia. However, this index focuses on evaluating international logistics services and therefore is yet to reflect the actual growth of the Vietnamese logistics service industry.

(VEN) - Gemadept Logistics, a subsidiary of Gemadept Corporation, is continuing to strengthen its leading position on the third party logistics (3PL) market through diversifying and improving its services in order to better satisfy customers throughout Vietnam and in the region.

The Gemadept Corporation (GMD) has completed the transfer of capital in its two subsidiary firms to CJ Logistics Corporation of the Republic of Korea, the Vietnamese company has announced.

On August 15, 2017, Gemadept Logistics (GLC) officially launched Nam Hai Distribution Center with the scale of over 10,000 sqm the first customer...

[THE INVESTOR] CJ Logistics, formerly CJ Korea Express, is still interested in acquiring Gemadept Logistics, a Vietnamese logistics and real...