A conrner of logistic centre in the central city's Hoa Khanh Expansion Industrial Zone. — VNS Photo Cong Thanh

DA NANG (Biz Hub) — The Viet Nam Post Corporation (VNPost) will build a logistic and e-commerce centre in Da Nang's Hoa Khanh Expansion Industrial Zone at a cost of VND196 billion (US$8.7 million) in the third quarter of this year.

Chairman of the corporation, Do Ngoc Binh, said it would be VNPost's largest logistic centre in the central region, allowing them to provide quality services to customers.

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The centre, which covers 50,000sq.m in Lien Chieu District, 20km away from the city's centre, will help connect the East-West Economic Corridor, National Highway No 1, Da Nang-Quang Ngai Expressway and the railway system.

In 2014, VNPost also put into operation its office project on downtown Nguyen Van Linh Street at a cost of $9 million.

According to VNPost's report, the corporation earned VND8.8 trillion ($391 million) in revenue in 2015, of which VND230 billion ($10.2 million) was net profit.

Da Nang aims to become a centre of hi-tech industries, logistics services and tourism in central Viet Nam.

Kerry Logistics Company from Singapore also opened its new logistics centre in the city in 2010.

The city has 100 logistics companies, but only five are members of the Viet Nam Logistics Association.

In addition, Da Nang is planning next month to start the second phase of Tien Sa Port. It will become a logistics centre for banks, forwarders and warehouse services in connection with the Da Nang-Quang Ngai Expressway and Da Nang-Cam Lo Expressway, as well as economic zones and the existing refinery in Quang Ngai and proposed ones in Phu Yen and Binh Dinh. — VNS