Ho Chi Minh City, Vietnam, November 1, 2023 – FedEx Express (FedEx), a subsidiary of FedEx Corp. (NYSE: FDX) and one of the world’s largest express transportation companies, is further enhancing its intercontinental services between Vietnam and other markets in Asia, Middle East, Africa (AMEA) and Europe, with the introduction of a new flight service offering faster transit times.
Effective October 31, 2023, the new flight service will use a dedicated B767 freighter flying four evenings a week from Ho Chi Minh City connecting Asia and Europe through the FedEx Asia Pacific Hub in Guangzhou, China. Exporters shipping from Southern Vietnam will benefit from faster transit times for shipments to major Asian markets in just one business day, and two business days to Europe*.
These new flights offer additional capacity on top of the current five flights to Asia, Europe and the US -- four daily morning flights through the FedEx South Pacific Hub in Singapore and one current evening flight through the Asia Pacific Hub.
Southeast Asia’s manufacturing hubs are growing and diversifying to include increasingly higher-value goods and services. Multilateral free trade agreements like CPTPP and RCEP[1] are creating close-knit ties that are helping to make the region an increasingly important trading partner.
“Vietnam’s recent rise as a global production hub has spurred an increasing demand for air cargo transportation. The high-tech, semiconductor, textile and garment industries, which require more shipping capacity and faster transit times, are driving this,” said Ee-Hui Tan, managing director of FedEx Express Vietnam and Cambodia. “With a total of nine weekly flights departing from Ho Chi Minh City, we are now in pole position to help customers across all industries achieve cross-border success and facilitate the expansion of local businesses abroad, while also contributing to the advancement of Vietnam’s logistics landscape.”
FedEx has been supporting cross-border trade to and from Vietnam since it established operations in the country in 1994. With the new flight, local businesses serving international customers will gain a competitive edge with expedited delivery times. This latest announcement underscores the company’s dedication to improving services in Vietnam and strengthening operations across the AMEA region.
[1] Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), Regional Comprehensive Economic Partnership (RCEP)
* Transit times may vary depending on specific origin and destination postal codes.