Netco Strengthens Specialized Logistics Services for Businesses

Netco, a logistics company in Vietnam, is intensifying its investments in infrastructure and technology to become a strategic partner for clients in specialized sectors, including banking, e-commerce, textiles, pharmaceuticals, cosmetics, and consumer goods. The company aims to provide services that go beyond simple transportation, focusing on understanding business operations, protecting cargo, and enabling efficient operations. At the inauguration of its Northern Operations Center on July 21, Teong Teck Lean, Chairman of Netco, highlighted that modern customers seek partners who are not just transporters but also deeply understand their business processes and can help them operate effectively. To realize this vision, the company is implementing a long-term investment strategy to enhance its service capabilities nationwide. A key milestone in this strategy is the operation of the Northern Regional Operations Center located in the Mapletree Industrial Park in Hung Yen. This 3,000 square meter facility can handle up to 1,000 cubic meters or 100 tons of goods daily, strengthening Netco's logistics network and expanding its warehousing capacity. It also serves as preparation for the deployment of high-security cargo handling services for high-value shipments. The new center represents more than just infrastructure. Netco is also making significant investments in its technology platforms. The new system aims to enhance operational visibility, improve data-driven decision-making, and boost service speed and quality. In its new strategy, Netco focuses on consolidating integrated logistics capabilities to serve corporate clients across various specialized sectors. The target client portfolio includes banking and finance, electronics, textiles, pharmaceuticals and cosmetics, and consumer goods. As supply chains become increasingly complex, Mr. Teong believes logistics providers must transform from mere service providers to long-term business partners. "Every investment, from infrastructure and technology to people and processes, is directed towards creating greater value for our customers," he affirmed. Gdex Group, a strategic shareholder of Netco, identifies Vietnam as one of the most important strategic markets in its regional development plans. Chairman Teong is confident that Vietnam's robust manufacturing base, continuous foreign direct investment (FDI), and domestic economic growth will create numerous opportunities for integrated logistics solutions in the coming years. By combining local expertise with the parent group's extensive network, the company aims to build a modern operational platform. This goal is expected not only to support businesses in Vietnam but also to enhance connectivity within the ASEAN region. Throughout this transformation journey, Netco's leadership remains focused on building an organization that customers trust and partners wish to collaborate with long-term. He asserted that the company's success is measured not just by the number of orders or warehouses but by the trust and positive impact it brings to the business community. Currently, the company offers a diverse range of solutions, from transportation, warehousing, and order fulfillment to future secure cargo handling services. As a member of Gdex Group, Netco is progressively building a high-tech logistics ecosystem. Netco (Noi Bai Express Delivery and Trading Joint Stock Company) was established in 2003 and is one of Vietnam's oldest postal and transportation companies. Since 2019, it has been a member of Malaysia's Gdex Group (Gdex Berhad), enabling the company to leverage its parent company's modern management technology platform and international operational experience.