News / E-commerce boom and logistics demand help save Vietnam from recession

There is high demand for contract logistics in north Vietnam, as strong domestic consumption helps the country buck the trend and avoid recession.

In May, French 3PL FM Logistic opened a $30m distribution centre in Bac Ninh, 20km from Hanoi, for retailers stocking fast-moving consumer goods, ambient foodstuffs, drinks and home and personal care products.

And last week, FM announced a warehousing and fulfilment deal with VinShop, one of Vietnam’s largest online B2B marketplace, an intermediary between Vietnam’s myriad small independent stores and ...