Tag: Vietnam

Vietnam: Postal workers fear economic woes after telecom split

The upcoming split of post and telecommunications services could put some 45,000 postal workers in a state of financial crisis. The split, originally scheduled to take place in 2002, was postponed, and postal services have been subsidised by the telecom sector. Policy makers said the move should create specialised corporations for post and telecom services, but insiders, including the postal staff, said they would face an uncertain future once the subsidies were cut. Postal workers account for 49 per cent of the 90,000 employees at Vietnam Post and Telecommunications Corporation (VNPT), but the service brings in only 5-10 per cent of the total revenue, which is currently VND30 trillion (USD 1.9 billion) a year. VNPT is losing money compensating for the imbalance, which is affecting the growth of both services. Since October 2001, VNPT – then known as the Department General of Post and Telecommunications – has been testing the split in 10 provinces.

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DHL Vietnam launches first QC center

DHL Express Vietnam opened its first quality control center in Vietnam on July 7. The center in Tan Binh District, HCM City, is the first of the quality control centers to be set up by DHL in the country. Ephakol Ponstabhon, country manager of DHL Express Vietnam, said new technologies would be applied at the center to ensure shipment information would be available quickly on the network.

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TNT Logistics grows 900% in Asia

TNT announced today that its logistics business in Asia has grown a massive 900% in the past five years. The company also announced the appointment of Colin Moran as managing director for TNT Logistics in Asia to lead the company’s logistics operations in Malaysia, Thailand, Indonesia, Singapore, Japan, Korea, Vietnam and the Philippines. “The logistics sector in Asia has grown tremendously in the past five years, but there’s even more room to grow,” said Moran. “In Asia, the percentage of logistics outsourced to third party logistics providerslike TNT is less than 5% of total logistics spend. This is far less than the 30% share 3PLs command in developed countries like the US and Europe.”

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Vietnam Post to diversify service offerings

The Vietnam Postal Savings Company (VPSC) of the Vietnam Posts and Telecommunication Corporation plans to offer postal savings cards and telephone payment services on a trial basis this March. Postal savings cards will replace the current postal savings books, and help customers make withdrawals and deposits at all post offices nationwide. Coupled with the issuance of postal saving cards, the VPSC will provide a telephone payment service, which will offer customers the flexibility of paying telephone and mobile phone bills over the telephone.

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DHL Vietnam happy to make trade happen

DHL Vietnam has maintained market leadership in the air express service, building on the strong national economic growth

[QQ] It has been five years since Roger Pritchard took up his post in this country. During that time the most memorable event for him as country manager of DHL Vietnam has been the signing of the Vietnam-U.S. bilateral trade agreement. “One of my lasting memories will be the ratification of the BTA in December three years ago.” As Pritchard puts it, the agreement has not only turned the United States into Vietnam’s biggest trading partner only after two years but has also made a big difference to DHL’s business in Vietnam.

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