Economy

Friday, July 11, 2025, 11:30 GMT+7

Vietnam’s southern province joins hands with Singaporean firm to boost logistics

The People’s Committee of Tay Ninh Province in southern Vietnam on Thursday signed a memorandum of understanding with Singapore-based YCH Group, a leading provider of integrated supply chain solutions, to enhance the province’s logistics capabilities across various sectors.

Vietnam’s southern province joins hands with Singaporean firm to boost logistics

Vice-chairman of Tay Ninh Province Nguyen Hong Thanh (R) signs a memorandum of understanding with Yap Kwong Weng, head of strategy, sustainability, and communications at YCH Group and CEO of Vietnam SuperPort™, to boost logistics, July 10, 2025. Photo: Son Lam / Tuoi Tre

Under the deal, Tay Ninh Province will facilitate investment and administrative procedures for YCH to develop and operate a logistics, storage, and distribution hub in the Moc Bai Border Gate Economic Zone.

The project is expected to establish a seamless logistics corridor between Vietnam and Cambodia, enhancing trade efficiency and easing congestion at the Moc Bai international border gate.

Besides, the province will provide the Singaporean firm with information about its planning to support the company’s feasibility studies and investment proposals for additional logistics infrastructure projects.

These initiatives aim to modernize the province’s logistics systems by integrating advanced technologies and optimizing supply chain flows.

YCH has also been committed to helping small- and medium-sized enterprises in the province access regional markets through e-commerce platforms, as well as promoting local products for export to Singapore.

Moreover, the partnership is meant to foster green transformation and sustainable development.

Both parties will collaborate on training and developing a skilled logistics workforce to enhance long-term growth in the province.

YCH Group operates in over 100 cities worldwide, getting involved in several projects in Vietnam such as the Vietnam SuperPort™ logistics port project in the northern region and the YCH Protrade project in the southern part.

Tieu Bac - Son Lam / Tuoi Tre News

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