UPS, P&T Express To Expand Operations In Vietnam
Through the joint stock company, UPS will invest in new facilities in key commercial and industrial centers across Vietnam to widen access to growing intra-Asian capability and connect to the global UPS network. UPS will extend its express pickup and delivery service to 63 provinces in Vietnam and offer later pick-up and cut-off times.
According to UPS, the new company becomes a convenient single source for Vietnamese businesses to use not only UPS express and expedited small package services, but also UPS transportation and supply chain capabilities that include freight forwarding, customs brokerage and contract logistics warehousing and distribution.
The UPS Vietnam head office will be located in Ho Chi Minh City and led by Jeff McLean, who was appointed general manager of UPS in Vietnam earlier this year. Mr McLean most recently was in Singapore with previous leadership positions in Hong Kong, Australia and New Zealand since joining the company's supply chain operation in 2003.
Derek Woodward, president of UPS in Asia Pacific Region, said: “With this joint stock company and the strong relationship we have with our local service partner, UPS gains greater flexibility to grow transportation and logistics capabilities in Vietnam.”
Madam Dang Thi Bich Hoa, chairwoman and CEO of Vietnam Post Express Joint Stock Company, said: “We are extremely pleased to partner with UPS as this collaboration will boost our combined efforts to connect Vietnamese businesses to the rest of the world, and to jointly grow the business.”
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