The Association of South East Asian Nations (ASEAN) comprises Brunei Darussalam, Cambodia, Indonesia, Laos, Malaysia, Myanmar, The Philippines, Singapore, Thailand and Vietnam. Giving the ASEAN region a combined GDP of US$3.3 trillion (in 2011) and a population of more than 600 million people (Source IMF). Though the 10 ASEAN countries are small when compared to […]
Thailand, officially know as the Kingdom of Thailand, is a newly industrialized economy and the second largest in South East Asia. Thailand is recognized by the world Bank as “one of the great development success stories” in social and development indicators. Thailands geographical location gives it a unique advantage to becoming a future world logistics […]
The Indonesian government is currently making concerted efforts to plug infrastructure deficits in its logistics industry to attract foreign investment. Structural reforms in the government also show movement away from government ownership towards private sector participation and more independent regulation. This movement is ongoing, with further deregulation expected in many sectors. How foreign logistics companies […]
Viet Namese logistic providers are small at this stage and can only handle 20% of the Viet Nam market demand.
In 2014 the Viet Namese Government is opening up their Logistics market. In accordance with Viet Nam’s commitment to the WTO, it will allow wholly foreign-invested entities to set up. Specifically most foreign logistics companies are positioning themselves as 3pl and 4 pl service providers.
For those foreign companies wishing to take advantage of the many logistics opportunities in the ASEAN region, South Korea is an excellent gateway. South Korea is located in Northeast Asia between China, and Japan, two countries with large and steadily growing economies. South Koreas Incheon International Airport, connects to 157 cities in 49 countries, which […]
Over the past few weeks, we have discussed the great array of business logistics opportunities in the Asean region, whilst it is agreed that this is a growing market, how can a Western company succeed in this market? There is no reason why a Western company with a flexible, patient and ‘listening’ approach to marketing […]