Vietjet and UPS have entered into a historic agreement to leverage each other’s global and regional network by further growing trade lanes from Asia to destinations in the US.
The agreement provides Vietjet with access to UPS’s extensive global network via UPS’s “browntails” while UPS will be able to tap on Vietjet’s extensive reach within Vietnam, Thailand and all over Asia region, to serve businesses in more areas and at quicker speeds.
“The agreement with Vietjet comes at a significant time for trade in Vietnam,” said Russell Reed, Managing Director of UPS Vietnam and Thailand. “As Vietnam’s economy embraces growth momentum, the country is poised to benefit from shifts in global manufacturing and trade flows, and UPS, together with Vietjet, hope to expand import and export opportunities for businesses of all sizes in Vietnam, enabling them to trade with greater ease and confidence on a global scale.”
Prior to the agreement, Vietjet and UPS Express have previously collaborated to handle cargo on Thai Vietjet’s return COB (cargo on board) flights from Hanoi and Ho Chi Minh City to Bangkok.
Vietjet Cargo’s CEO Do Xuan Quang, said: “Besides operating an expanding passenger flight network in Vietnam and Thailand, Vietjet has been one of the first airlines in Asia to navigate towards air cargo as part of a new business strategy being unfolded in response to the global pandemic. The cooperation with UPS paves the way for Vietjet to make Hanoi, Ho Chi Minh City and Bangkok regional logistics hubs for one-stop-shop cargo transportation services from Asia to western destinations as we further expand our domestic flight network in the countries and boost international services not just within Southeast Asia but also in Northeast Asia.”
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