DHL rides Vietnam export wave
DHL Express said its package volume for Vietnam grew 30 percent in the first quarter on the strength of intra-Asian trade.
The express carrier attributed the results to the mild impact of the global recession in Vietnam.
Export revenue in Vietnam increased 26 percent on a yearly basis in the January-to-April period and industrial output grew 13.5 percent, led by electronics and computers, tools and spare parts.
DHL is investing in Vietnam as more multinational firms locate production and distribution facilities in the country. In April, DHL opened a $5 million package-handling center near Ho Chi Minh airport.
DHL rides Vietnam export wave
