TNT to invest 7 million euros in Vietnam

The global express service provider TNT announced on July 24 that it would invest more than 7 million Euros over the next four years in its domestic express services in Viet Nam.

The launch makes TNT the first international express mover in the country to introduce and offer premium express services.

Part of the investment will go towards additional vehicles and new hires. The company will also open five more branches in Bac Ninh, Vinh Phuc, An Giang and Ca Mau provinces to support the service, increasing the total number of TNT’s location in Viet Nam to 23.

As with all its services, TNT offers an integrated and comprehensive range of services including door-to-door express delivery of documents, parcels, and freight.

“Fast-tracking our growth in Viet Nam supports our growth strategy to focus on enhancing the efficient flow of goods and information across borders, facilitating our companies’ access to other international markets, in particular, China,” said Ommo Boots, regional managing director for TNT Asia.

Ommo Boots, regional managing director for TNT Asia said the domestic service also supports the recent expansion of TNT’s Asia Road Network into Viet Nam which will prepare the company for accelerated high double-digit growth as part of its strategic agenda for the next three to five years.

TNT also plans to expand the Asia Road Network to reach China through the northeastern border of Viet Nam by the end of this year.