66% growth in the last two years in cargo carried to and from Vietnam
Emirates SkyCargo recently signed an MoU with the Investment and Tourism Promotion Centre of Ho Chi Minh City (ITPC) to jointly explore opportunities to promote trade to and from Vietnam.
The agreement was signed in Dubai by Nabil Sultan, Emirates Divisional Senior Vice President, Cargo and Phạm Thiết Hòa, Director, Investment and Trade Promotion Centre, Ho Chi Minh City at Vietnam’s conference on Trade, Investment and Tourism Promotion in Vietnam’s largest city.
Emirates SkyCargo has played a key role in supporting trade between Vietnam and the rest of the world since the start of its operations in Hanoi in 2008. Over the last decade, the air cargo carrier has scaled up the number of freighter and passenger flights to Ho Chi Minh City and Hanoi, offering incremental support to Vietnamese businesses in reaching out to their global customers.
During the financial year 2017-18, Emirates SkyCargo transported close to 50,000 tonnes of Vietnamese exports and imports. This was an increase of close to 66% in the amount of cargo carried in the year 2015-16.
This trend is in keeping with the overall growth of trade in Vietnam. It is estimated that value of exports and imports from the country grew by 13% in the first half of 2018 as compared to the same period in 2017, the airline revealed in a press statement.