Global Logistics Company BDP Establishes New Company in Vietnam

Printer-friendly versionPDF version

HO CHI MINH CITY, June 17, 2010 - With its industry leading technology and global customer base, BDP International (BDP) is set to become a major player in Vietnam's logistics sector, following the establishment of a new subsidiary company headquartered in Ho Chi Minh City.

US-based BDP is one of the world's leading privately owned transport and logistics companies, with revenues in excess of US$1.6 billion and a presence in more than 120 countries. BDP has built its reputation working for some of the world's largest corporations including DOW, DuPont, Johnson & Johnson, Honeywell, McDonalds, Panasonic and ExxonMobil.

The new subsidiary company - BDP International (Vietnam) - will be a fully integrated unit providing the same class-leading technology and exceptional customer service that BDP's global customer base has come to expect.

While the headquarters will be in Ho Chi Minh City, BDP will also have representation in the other commercial centres of Danang and Hanoi.

And as it has done in each of its other markets, BDP will provide a real alternative to the one size fits all approach of its larger competitors by offering its revolutionary technology and exceptional customer service.

Mr Mike Andaloro, Managing Director of BDP Asia Pacific said, "We are seeing a growing demand for Vietnamese produced goods in North America, Europe as well as in other parts of Asia.

"We expect our customers will source more of their goods from Vietnam, and this new company will allow us to continually support our customers as they expand their supply chains."

"With the changes to foreign ownership laws in 2014, we anticipate there will be an even larger increase in demand as more manufacturers establish themselves in the exciting, vibrant market."

"As the global leader in chemical logistics, we see great potential for this sector to grow during the next few years. Many chemical companies are looking to establish themselves in Vietnam, with some considering building manufacturing plants."

"In addition to chemical logistics, BDP will target the healthcare, retail, telecom, electronics and other manufacturing industries. Vietnam will be a key element of BDP's strategy in Asia over the next decade as the nation emerges as a true economic powerhouse."

"As a privately held company, BDP has a unique culture that focuses on providing customized solutions for each customer, in contrast to the one size fits all business models of its larger competitors in freight consolidation and freight forwarding. It is our ability to be large enough to handle any logistical need, while keeping the relationship personal that differentiates BDP from the competition," Mr Andaloro said.

BDP SmartVu Launched in Vietnam

BDP also announced the Vietnam launch of its revolutionary new technology - BDPSmart Vu - a vendor management tool that provides logistics managers with unparalleled visibility of each stage of an international purchase order.

With BDPSmart Vu, importers can globally manage their upstream vendors and suppliers from one central site. The technology provides information on the status of purchase orders, including the critical initial stages.

An early warning system ensures inaccurate data on handling, shipment contents, classification or inefficient transport decisions is brought to the customer's attention. This means the customer can fix the issue before it becomes a problem, so deadlines are kept and no revenue is lost.

BDPSmart Vu complements BDP's downstream technology tool, BDPSmart. BDPSmart represents the next generation in supply chain management systems - a real-time track, trace and alert tool that provides global visibility and reporting metrics for all supply chain operators through an easy-access and user-customizable portal.

About BDP
With annual revenues of approximately $1.6 billion, BDP International is one of the leading privately held freight logistics/transportation management firms based in the U.S. It operates freight logistics centers in more than 20 cities throughout North America and a network of subsidiaries, joint ventures and strategic partnerships in over 120 countries. The company serves more than 4,000 customers worldwide. BDP provides a range of services, including ocean, air and ground transportation; lead logistics process analysis, design and management; export freight forwarding; import customs brokerage and regulatory compliance; project and energy logistics; warehousing/consolidation/distribution; and Internet shipping transaction/ tracking management systems. For more information please visit:www.bdpinternational.com.

News Source : Global Logistics Company BDP Establishes New Company in Vietnam