Samsung enters VN aviation logisticsSamsung SDS, a subsidiary of the Samsung Group, is to enter into Vietnam’s aviation sector through cooperating with the country’s largest airport terminal logistics business, Aviation Logistics Services (ALS). Alongside the cooperation with ALS, Samsung SDS is also negotiating partnership opportunities in China and will continue its efforts to provide advanced logistics services to customers outside of the Samsung Group. It provides global logistics services through an integrated logistics solution called “CelloSCLISTM” that covers the range of logistics, from supply chain management to logistics execution. The rapid growth of Vietnam’s export-oriented manufacturing sector has boosted demand for logistics services but the local logistics sector has largely failed to fully meet this demand. According to the Vietnam Logistics Business Association, logistics costs in Vietnam represent 25 per cent of annual GDP, significantly higher than in countries such as the US, China and Thailand.

Source: VietNamNet News August 23, 2016 00:56 UTC