What’s new: We’ve launched a new, four-times-per-week flight connecting Hanoi to UPS’s global air hub in Kentucky via Hong Kong, giving customers in Vietnam faster and more reliable trade opportunities when doing business with the U.S. and the rest of the world.
Cross-border trade: “Today’s Vietnam is an important manufacturing hub and a major exporter of technology and apparel goods within Asia and beyond,” said UPS Vietnam Managing Director Squall Wang. “This new flight from Hanoi, along with our improved capabilities in Ho Chi Minh City, is connecting UPS customers in Vietnam to their cross-border trading partners faster than ever.”
That’s not all:
- Northern Vietnam can now take advantage of more flights and air cargo capacity to meet increased demand to capture global trade opportunities.
- Customers in Hanoi get more time to fulfil orders as UPS extends pickup times.
- In Ho Chi Minh City, businesses will see faster turnaround as urgent shipments picked up by 2 p.m. can be delivered by the next day to other Asian markets.
Let’s go to the numbers: All these improvements mean businesses can unlock a growing intra-Asia trade potential. Data from an upcoming UPS study suggests Vietnam’s trade with regional markets could grow by more than 40 percent from USD 326 billion in 2020 to USD 465 billion in 2030.
The bigger picture: “At UPS, we are always looking to create more resilient supply chains and support our customers’ cross-border growth,” said Michelle Ho, President of UPS Asia Pacific, Middle East and Africa. “This new flight bolsters our growing regional air network that includes routes added to and from Hanoi and Ho Chi Minh City in 2020, Osaka Kansai in 2021 and most recently between Bangkok and UPS’s intra-Asia hub in Shenzhen in July.”