DUBAI, fifteenth March, 2023 (WAM) – World Logistics Passport (WLP), a Dubai-led world initiative designed to clean the stream of world commerce, has welcomed 14 Vietnamese companions to its world freight loyalty programme, to advertise logistics enterprise and profit the merchants and freight forwarders.

The agreements come after collaboration with the Ministry of Business and Commerce of Vietnam (MOIT), Vietnam Logistics Enterprise Affiliation (VLA) and the UAE Embassy in Vietnam.

Launched in 2020, the programme now has strategic companions in 29 world hubs in over 45 nations worldwide, providing customised advantages for its members to cut back prices, save time, take away commerce obstacles, unlock multimodal commerce, clean the general commerce journey for merchants and facilitate entry to world markets.

The 2 signing ceremonies have been held in Ha Noi and Ho Chi Minh cities, and signed by Abdulla AlSuwaidi, WLP’s International Hubs and Companions Supervisor, with dignitaries and representatives from private and non-private sector within the logistics business. It was attended by Dr Bader Abdulla AlMatrooshi, UAE ambassador to Vietnam, Tran Hoang Hai, Deputy Director Normal of MOIT, L Duy Hip, Chairman of VLA, alongside different authorities officers.

In Hanoi metropolis, WLP signed 5 partnership agreements with; Vietnam Airways (VNA), Railway Transport and Commerce Joint Inventory Firm (Ratraco), T&Y Superport Vinh Phuc Joint Inventory Firm (Vietnam SuperPortTM), Vietnam Shippers’ Council (VNSC), and Vietnam Espresso and Cocoa Affiliation (Vicofa).

In Ho Chi Minh metropolis, WLP signed different agreements with; T&M Forwarding Restricted (T&M Forwarding), Asean Cargo Gateway Joint Inventory Firm (ACG), DTK Logistics Options Restricted Legal responsibility Firm (DTK), VietJet Aviation Joint Inventory Firm (Vietjet Air), Sotrans Logistics One Member Firm Restricted (Sotrans Logistics), Lotus Joint Enterprise Firm (Lotus Port), Gemadept Company (Gemadept), Saigon Premier Container Terminal (SPCT) and Saigon Port Joint Inventory Firm (SGP).

These convey the overall variety of companions in Vietnam to twenty.

Dr Bader Abdulla AlMatrooshi, UAE Ambassador to Vietnam, mentioned, “The UAE is Vietnam’s greatest commerce accomplice within the Center East with roughly US$8 billion of commerce final yr. With distinctive enterprise initiatives like WLP, we’ll see even greater commerce volumes by enhancing the financial and commerce advantages to the member companions of its community. Subsequently, we anticipate extra companions to hitch. We stay up for additional working with the Ministry of Business and Commerce and different Vietnamese authorities entities to take our bilateral relations to new heights.”

Tran Hoang Hai, Deputy Director Normal of MOIT, mentioned, “Facilitating commerce and enhancing nationwide competitiveness has at all times been essential to the commerce business and the nationwide logistics ecosystem in Vietnam. With the launch of the WLP programme within the nation, I hope our logistics business will obtain lots of success and improve Vietnam’s logistics connectivity with the world by means of WLP’s community.”

L Duy Hip, Chairman of Vietnam Logistics Enterprise Affiliation, mentioned, “The profitable implementation of the WLP programme will assist conduct commerce and logistics actions between Vietnam and the nations in WLP’s community extra easily, particularly the markets of Africa and Latin America, the place Vietnamese companies do not need sturdy direct logistics relationships. As WLP’s accomplice in Vietnam, VLA will make each effort to advertise WLP to an awesome success.”

Abdulla AlSuwaidi, WLP’s International Hubs and Companions Supervisor, mentioned, “WLP is a community of multilateral commerce that goals to create frictionless commerce past borders. We offer tailor-made advantages to assist merchants save prices and time and open new market alternatives. We’re strategically choosing the best companions within the logistics and provide chain business to deal with commerce obstacles and work in direction of rising varied import and export commodities throughout all hubs.”


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