FedEx Express launched a new flight for faster shipping between the Philippines, Vietnam, and other Asian, Middle Eastern, African, and European markets
Effective October 31, the new flight offers additional capacity on top of the current five flights to Asia, Europe and the US
The service uses a dedicated B767 freighter
Exporters from Southern Vietnam will get quicker shipping to the Philippines and major Asian markets in one business day and two business days to Europe
FedEx Express has introduced a new flight offering faster transit times between Vietnam and the Philippines as well as other markets in Asia, Middle East, Africa (AMEA) and Europe.
From October 31, a dedicated B767 freighter will fly four times a week from Ho Chi Minh City, connecting Asia and Europe through the FedEx Asia Pacific Hub in Guangzhou, China, the express operator said in a statement.
Exporters shipping from Southern Vietnam will benefit from faster transit times for shipments to the Philippines and major Asian markets in just one business day, and two business days to Europe.
These new flights offer additional capacity on top of the current five flights to Asia, Europe and the US — four daily morning flights through the FedEx South Pacific Hub in Singapore and one current evening flight through the Asia Pacific Hub. With a total of nine weekly flights departing from Ho Chi Minh City, FedEx continues to support businesses in tapping the huge growth potential in the region.
FedEx noted that Southeast Asia’s manufacturing hubs are growing and diversifying to include increasingly higher-value goods and services. Multilateral free trade agreements like the Comprehensive and Progressive Agreement for Trans-Pacific Partnership and Regional Comprehensive Economic Partnership (RCEP) are creating strong connections that are making the region an increasingly important trade partner.
“We continue to transform our air network to offer differentiated service for our customers and that includes building capacity and creating faster connections to meet demand,” said Kawal Preet, president of Asia Pacific, Middle East, and Africa region, FedEx Express.
Preet added: “The Tiger Economies of Southeast Asia continue to grow at an accelerated pace, with a forecast of 4.9% growth in 2024. What we see happening in Vietnam is a great example of these regional trends. Our enhanced service in Vietnam is part of our journey to build a more flexible, efficient, and intelligent network and deliver an outstanding customer experience.”
“The improved transit time from Vietnam to the Philippines will support the growth in trade volumes between both markets. With the ratification of RCEP, we anticipate increased investments within the world’s largest free trade area, stimulating economic growth in Southeast Asia,” said Maribeth Espinosa, managing director of FedEx Express Philippines.
“In 2022, trade between the Philippines and Vietnam reached USD7.8 billion, a 14.7% increase from the previous year. Combined with the projected revenue growth of e-commerce in Southeast Asia, the role of logistics in enabling intra-Asia trade becomes even more pronounced. The continuous rollout of enhanced and differentiated FedEx solutions will enable Philippine businesses to access more import and export opportunities.”