Vantage Logistics Corporation (Vietnam)

Vantage Logistics Corporation engages in providing professional multimodal transport services from air and sea freight to solutions to logistics for customers. Total labor force of the subject is stable with about 300 employees, in which, Ho Chi Minh's office has about 150 employees. In Mar 2023, Vantage Logistics participates in the matchmaking of industry resources in the 12th Global Freight Forwarders Conference 2023 – JC Trans. Specifically, the subject participates in connecting and negotiating about the development trends of the industry and negotiating for win-win cooperation between freight forwarding companies; expanding business activities in many countries with the desire to bring optimal transportation solutions and promote investment opportunities; strengthening support for businesses that products exported from Vietnam to the Global.Current low global economy has a negative impact on logistics market, especially airfreight transportation, and Vietnam is no exception. Data from Vietnam Civil Aviation Authority showed that the airfreight volume of fist half-2023 was only 70% of same period of 2022. Vantage Logistics is still able to achieve a remarkable growth at 44% volume of air cargo transportation compared to the same period in 2022, of which, furniture holds the highest proportion. Only in Jun 2023, and only from Vietnam to USA, the subject handled 1,000 CBMs.