Emirates SkyCargo inks agreement to support Vietnam trade

posted on 24th October 2018 by Justin Burns
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Emirates SkyCargo inks agreement to support Vietnam trade

Emirates SkyCargo has today signed an MoU with the Investment and Tourism Promotion Centre of Ho Chi Minh City (ITPC) to jointly explore opportunities to promote trade to and from Vietnam.

The agreement was signed in Dubai by Emirates divisional senior vice president for cargo, Nabil Sultan; and Phạm Thiết Hòa, director at the Investment and Trade Promotion Centre, Ho Chi Minh City at Vietnam’s conference on Trade, Investment and Tourism Promotion into Ho Chi Minh City (pictured above).

Emirates SkyCargo has played a key role in supporting trade between Vietnam and the rest of the world since the start of its operations in Hanoi in 2008 and now operates five weekly freight services and 14 belly-cargo flights.

Over the last decade, it has scaled up the number of freighter and passenger flights to Ho Chi Minh City and Hanoi, offering incremental support to Vietnamese businesses in reaching out to their global customers. Through its partners, the carrier has also been able to successfully support businesses from other Vietnamese cities such as Da Nang.

During the financial year 2017-18, Emirates SkyCargo transported close to 50,000 tonnes of Vietnamese exports and imports. This was an increase of close to 66 per cent in the amount of cargo carried in the year 2015-16.

This trend is in keeping with the overall growth of trade in Vietnam. It is estimated that value of exports and imports from the country grew by 13 per cent in the first half of 2018 as compared to the same period in 2017.

Emirate SkyCargo’s vast network of over 160 destinations has also helped Vietnamese exports reach new markets. In 2017, Emirates SkyCargo supported a near fivefold increase in the volume of perishables such as rambutans and lychees from Vietnam to Dubai working in close cooperation with Vietrade. Currently Emirates SkyCargo offers a total weekly cargo capacity of well over 1400 tonnes for exports and imports to Vietnam.

Over the last five years, Emirates SkyCargo has transported close to 47,000 tonnes of exports from Ho Chi Minh City. The main commodities transported from the region include fruits and vegetables, garments, sporting apparel and fresh fish. In addition to its daily passenger flights, customers can also transport their cargo on two weekly freighter services from Ho Chi Minh City.

Emirates SkyCargo also has a strong record of supporting trade and the manufacturing sector in Hanoi having transported about 65,000 tonnes of exports in the last five years. As a large volume of the exports from the city include electronic goods such as mobile phones and other devices, Emirates SkyCargo has also paid special attention to developing the safety and security of these shipments travelling from Hanoi over its global network.

According to data published by the General Department of Vietnam Customs in the last five years, Emirates SkyCargo has transported 160,000 tonnes from Vietnam and the major commodities exported were perishables and electronic devices.

Emirates SkyCargo operates a fleet of 270 aircraft including 14 freighters- 13 Boeing 777Fs and one Boeing 747F.