FedEx looks to expand presence in Vietnam, eyes future airport hubs
FedEx looks to expand presence in Vietnam, eyes future airport hubs
U.S.-based FedEx, one of the world’s largest express transportation companies, is looking to expand its operations in Vietnam by strengthening its presence at the country’s two largest airports and exploring opportunities at the upcoming Long Thanh and Gia Binh airports, according to founder and executive chairman Frederick W. Smith.
Vietnamese General Secretary To Lam (R) shakes hands with U.S.-based FedEx founder and executive chairman Frederick W. Smith at their meeting in Hanoi, February 25, 2025. Photo: Vietnam News Agency |
Smith made this statement during a meeting with Vietnamese Party General Secretary To Lam in Hanoi on Tuesday, as reported by the Ministry of Foreign Affairs.
Congratulating FedEx on its significant growth and its role as a key player in the global supply chain, Lam acknowledged the company’s contributions to Vietnam’s economic and social development over the past 30 years.
He also expressed high appreciation for Smith’s personal contributions to the country’s socio-economic progress.
He emphasized Vietnam’s commitment to three strategic development breakthroughs, including infrastructure improvement.
Lam affirmed the government’s support for FedEx’s continued expansion, particularly in infrastructure, services, and transportation.
He noted that this growth would help solidify Vietnam’s role in the global supply chain and enhance its position as a key logistics hub.
Recognizing 2025 as a pivotal year for Vietnam’s economic acceleration, Lam expressed hope that FedEx would prioritize the Vietnamese market.
He also assured that Vietnam would continue fostering partnerships with long-standing collaborators.
Additionally, he encouraged the company to work closely with Vietnamese authorities to implement its expansion plans swiftly and effectively.
Smith expressed his enthusiasm about returning to Vietnam and witnessing the country’s rapid development.
He highlighted FedEx’s pride in contributing to Vietnam’s growth over the past three decades and emphasized the nation's improved infrastructure and strategic geographical location as key factors in its emergence as a regional economic hub.
Believing Vietnam has the potential to become a major logistics center regionally and globally, Smith reiterated FedEx’s dedication to expanding its operations.
The company plans to enhance its facilities at Tan Son Nhat International Airport in Ho Chi Minh City and Noi Bai International Airport in Hanoi while exploring opportunities at the upcoming Long Thanh and Gia Binh airports.
Smith noted this expansion would aim to bolster Vietnam’s transportation capabilities and further integrate the country into the global supply chain.
The Long Thanh airport project, currently under development in Long Thanh District, southern Dong Nai Province, is expected to complete its first phase by the end of 2026. Meanwhile, Gia Binh Airport, under construction in Bac Ninh, northern Vietnam, is projected to be completed by the end of this year.
On the occasion of Vietnamese Doctors’ Day (February 27), General Secretary Lam also commended FedEx for its support for healthcare initiatives which have helped many Vietnamese patients receive treatment for heart and eye diseases.
He praised FedEx’s sponsorship of a partnership between U.S.-based St. Jude Children’s Research Hospital and Vietnam’s National Cancer Hospital, along with domestic pediatric hospitals, to improve childhood cancer treatment.
Emphasizing the importance of advancing local pediatric oncology capabilities, Lam expressed hope that FedEx and St. Jude would further expand this meaningful collaboration.
Smith stated that FedEx Corporation consistently strives to contribute to Vietnam's socio-economic development and is honored to serve as a bridge to further promote and strengthen cooperation between St. Jude Children's Research Hospital and Vietnamese hospitals.
He affirmed that upon returning to his country, he would immediately discuss with the leadership of St. Jude Children's Research Hospital plans for specific support, in the hope of increasing the recovery rate of pediatric patients in Vietnam to 94 percent, matching that of the U.S..
- 19:05 26/02/2025
