Rhenus announced that has founded an independent company in Vietnam with its headquarters in Ho Chi Minh City. The company had previously handled projects in Vietnam in conjunction with selected national agents. The new company has been established following the advent of majority holdings with based on foreign investments in Vietnam. Rhenus states that as soon as the registration process for Rhenus Logistics Vietnam LLC has been completed, the operating business will be transferred to the new company.
Klemens Rethmann, Chief Executive Officer of the Rhenus Group said, “We’ve significantly expanded our presence in Asia during the last few years – whether it’s in Singapore, Thailand or Myanmar. However, we were still missing an independent company in Vietnam within our South East Asian network. The country is an important and stable partner within the ASEAN association and it is opening up to an increasing degree. As a result of establishing this new firm, we’ll be able to offer an even more extensive network and continue expanding our services.”
Rhenus freight forwarding services in Vietnam in the past have involved both traffic between Asia and Europe and the exchange of goods within Asia. Most of the company’s customers in Vietnam operate in the textile, electronics and chemical industries or the mechanical engineering sector.
Rhenus plans to set up further Vietnamese branches in cities like Hanoi and Da Nang.
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