New Route Connecting Hanoi to FedEx APAC Hub in Guangzhou, China Brings Significant
Reductions in Inbound and Outbound Transit Times
TAIPEI, July 25, 2018 — FedEx
Express (FedEx), a subsidiary of FedEx Corp.
(NYSE: FDX) and one of the world's largest express transportation company, is enhancing its services into and out of the
Vietnamese capital, Hanoi, with the introduction of a new flight connecting the
city to
the FedEx Asia Pacific Hub in Guangzhou, China. This new route will
significantly improve transit times for all inbound flights to Hanoi, and
enable next-business-day delivery within Asia, including Taiwan, for the first
time.
This new route will use a dedicated B757 freighter flying four times a
week to and from Hanoi. Vietnam exporters shipping from Hanoi will benefit from
the best transit time for shipments to major business centers in Asia,
including China, Taiwan, Singapore, Malaysia and the Philippines, in just one business
day. Shipments to Europe and North America will arrive in two business days. For
all shipments to Hanoi, transit times are reduced by one business day.
Shipments from Europe will reach Hanoi in two business days, and shipments from
North America arriving 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[1]
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.
In 2017, the total value of exports from Taiwan to
Vietnam has achieved new heights at US$10.5 billion, and has reached US$5.2
billion in the first six months of this year[2].
The new route will facilitate the growing exports in Taiwan as local exporters
and importers benefit from more frequent and faster access between the two
markets – inbound shipments from Hanoi to Taiwan can now arrive in one business
day, whereas outbound shipments from Taiwan to Hanoi will be reduced by one
business day.
To meet the dynamic market needs, FedEx continually adjusts its network
and routings in Asia Pacific. In
April, FedEx announced a new route connecting the FedEx Asia Pacific 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.
[1] “Global is
the New Local: The Changing International Trade Patterns of Small Businesses in
Asia Pacific” a commissioned research study conducted by Harris Interactive on
behalf of FedEx, July 2018