FedEx Express Gives Greater Access to and from Vietnam with New Flight to Hanoi
New Route Connecting Hanoi to FedEx APAC Hub in Guangzhou, China Brings Significant Reductions in Inbound and Outbound Transit Times
FedEx Express (FedEx), a subsidiary of FedEx Corp. (NYSE: FDX) and the world’s largest express transportation company, has enhanced its services into and out of the Vietnamese capital, Hanoi, with the introduction of a new flight connecting the city to the FedEx APAC Hub in Guangzhou, China. This new route will significantly improve transit times for all inbound flights to Hanoi and enable next-day delivery within Asia for the first time.
This new route uses a dedicated B757 freighter flying four times a week to and from Hanoi. Vietnam exporters shipping from Hanoi benefit from the best transit time for shipments to major business centers in Asia, including China, Singapore, Malaysia and the Philippines, in just one business day. In addition, Vietnamese exporters can now ship to Europe and North America in two business days. For all shipments to Hanoi, Vietnamese importers benefit from transit times being reduced by one business day. Shipments from Europe now reach Hanoi in two business days, and shipments from North America arrive in three business days.
“FedEx has been serving Vietnam since 1994 and was the first international express transportation company to operate its own flights into and out of the country,” said Karen Reddington, president, Asia Pacific, FedEx Express. “Today, Vietnam is one of the world’s fastest growing economies. We are seeing the rapid development of manufacturing and hi-tech industries, a surge in e-commerce and a growing demand for healthcare services and products. The service enhancements delivered with this new flight will support the further development of businesses in Vietnam by giving them better, faster access to global markets.”
Recent research commissioned by FedEx found that 58% of Vietnam’s small and medium sized enterprises (SMEs) are exporting to markets in the Asia Pacific region and 80% were exporting to markets beyond. The USA, China, India and the main European markets are the top export destinations. SME leaders are optimistic for the continued growth of exports and support from logistics partners is a key factor in this growth.
“This new flight is an example of our commitment to enhance our portfolio of services to match our customers range of requirements and connect them to new opportunities to grow their business. Particularly for small and medium-sized businesses, this flight is going to benefit them in accessing markets both within and outside of Asia Pacific,” said Hardy Diec, Managing Director, FedEx Express Indochina.
To meet the dynamic market needs, FedEx continually adjusts its network and routings in Asia Pacific to strengthen its operations. In April, FedEx announced a new route connecting the FedEx APAC Hub in Guangzhou and the FedEx World Hub in Memphis. In January, FedEx officially opened its Shanghai International Express and Cargo Hub, the second international hub in China.