Vietjet, UPS team up for global cargo transportation from Asia
Vietjet and UPS, a global leader in logistics, have entered into a historic agreement to leverage each other’s global and regional network by further growing trade lanes from Asia to destinations in the US.
A Vietjet VNA-629 airplane. (Photo courtesy of the airline)
HCM City (VNA) - Vietjet and UPS, a globalleader in logistics, have entered into a historic agreement to leverage eachother’s global and regional network by further growing trade lanes from Asia todestinations in the US.
The agreement provides Vietjet with access to UPS’ extensiveglobal network via UPS’ “browntails” while UPS will be able to tap Vietjet’sextensive reach within Vietnam, Thailand and all over Asia, to serve businessesin more areas and at quicker speeds, the airline said in a statement.
“The agreement with Vietjet comes at a significant time fortrade in Vietnam,” said Russell Reed, Managing Director of UPS Vietnam andThailand.
“As Vietnam’s economy embraces growth momentum, the countryis poised to benefit from shifts in global manufacturing and trade flows, andUPS, together with Vietjet, hope to expand import and export opportunities forbusinesses of all sizes in Vietnam, enabling them to trade with greater easeand confidence on a global scale,” Reed said.
Vietjet Cargo’s CEO Do Xuan Quang, said the cooperation withUPS paved the way for Vietjet to make Hanoi, Ho Chi Minh City and Bangkokregional logistics hubs for one-stop-shop cargo transportation services fromAsia to western destinations as the airline further expands its domestic flightnetwork in the countries and boosts international services not just withinSoutheast Asia but also in Northeast Asia.
On September 26, 2020, UPS and Vietjet successfully operateda cargo flight from Hanoi to the US via Incheon Airport in the Republic of Koreafor the first time. The service has been operated with one service per weeksince then.
The transported cargo, including garment products, seafood,medical commodities and other general cargo, are collected from all Vietjet’shubs in Vietnam, Thailand and other Asian destinations to Hanoi, according tothe budget carrier.
Both sides have also conducted cargo flights between HCM Cityand Kuala Lumpur (Malaysia) using UPS planes as well as working together forcargo transportation on Vietjet’s flights between HCM City and Hanoi./.
Vietjet Aviation Joint Stock Company (HOSE: VJC) has released its third quarter financial statement, seeing a slight increase in air transport revenue over that of the previous quarter despite the second outbreak of COVID-19 in Vietnam.
Thai Vietjet has celebrated its maiden flight connecting Hat Yai, a center of trade, transportation and tourism in southern Thailand and the famous destination of Chiang Rai in the North.
Vietjet has accompanied tourism development cooperation between Ho Chi Minh City and the northwest, northeast and the central key economic regions in a joint effort to promote tourism development and economic recovery in Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.