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MOL Logistics launches subsidiary in Vietnam

MOL Logistics launches subsidiary in Vietnam

   MOL Logistics Thursday said it has established a new subsidiary, MOL Logistics (Vietnam) Inc., which will start operations Monday, with headquarters in Ho Chi Minh City. Two other branches will be located in Haiphong and Hanoi.

   MOL first opened a Ho Chi Minh City office in October 2001 and a Hanoi office in July 2003 for market research and information gathering, the company said in a statement.