KM Cargo Services (KMCS), a new logistics centre covering an area of two hectares, has been established at Dinh Vu Industrial Park in Hai An District, the northern port city of Hai Phong.

It is a joint venture among harbour operator Port of Hai Phong JSC, Sao A D.C Investment JSC from Viet Nam and marine transport company Korean Marine Transport Co Ltd with registered capital of VND34.8 billion (US$1.5 million).

Speaking at the event on Thursday, KMCS Director Nguyen Huu Tuong said its establishment marks a new step forward for the three companies as it can leverage the trio’s strengths to develop a modern and professional logistics services provider that becomes a role model for others.

The centre is located at Dinh Vu Industrial Park which houses a large number of factories and is near Hai Phong’s largest ports, such as Tan Vu and Dinh Vu. Travel to the facility by road is also easy as it is situated near the Ha Noi-Hai Phong Expressway and just 3km from Cat Bi International Airport.

General Director of Port of Hai Phong JSC Nguyen Tuong Anh said despite the COVID-19 implications, the volume of cargo through Vietnamese seaports exceeded 700 million tonnes last year, up 2 per cent from the previous year. Container cargos alone reached nearly 24 million TEU, up 6 per cent year-on-year, Anh added.

He further noted that the volume of cargo handled by ports in Hai Phong grew by around 10 per cent annually.

Hai Phong is striving to become a national hub for logistics services and sea-based economy under the northern city’s logistics services development plan until 2025, with a vision towards 2030. The city will expand the diversity of its logistics services and improve added value of the services on each tonne of goods going through local ports. — VNS