UPS strengthens presence in Vietnam

Markets

Tuesday, March 19, 2013

Express carrier UPS has acquired the 49 percent interest that VN Post Express had in a joint venture, giving the company 100-percent control of its operations in Vietnam. "With UPS now wholly-owned in Vietnam, our customers in this growing market are better connected to the world through the UPS global network,” said Brendan Canavan, UPS Asia-Pacific president, in a statement. UPS has invested in new facilities and technology in commercial and industrial ce...

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