The Vietnamese arm of Rhenus Logistics recently signed a new three-year contract with of Vietnam’s leading mother and baby products retail chain, ConCung. The new contract will see Rhenus undertake all warehousing services and nationwide distribution, with operations being run out of a new warehousing facility in Binh Duong.
Rhenus will make further investments nationwide over the next three years as they increase their foothold for warehousing and distribution.
ConCung operates more than 250 stores across Vietnam and is the largest retail chain these products.
In order to fulfil the contract requirements, Rhenus Vietnam inaugurated a new multi-user hub on April 2nd in the province of Binh Duong.
The new 4,000 square meter facility has a staff complement of 60 full-time employees who will operate a 24/7 service to receive, handle, store, order pick and dispatch ConCung’s goods.
General Manager for Warehousing and Domestic Distribution for Rhenus Logistics Vietnam, Ricardo Batista said, “Our strategy is to apply our global contract logistics expertise and knowledge to this new geography and to expand our presence in the contract logistics market in Vietnam and across Southeast Asia. Our site in Binh Duong has the capacity to expand as we add new customers to our portfolio.”
Managing Director of Rhenus Logistics Vietnam, Carsten Schwenke added, “We are very proud that an important company such as ConCung has chosen Rhenus to be their trusted logistics service provider. This deal is a major breakthrough for Rhenus’ contract logistics business in Vietnam and the perfect opportunity for us to invest in an exciting local market.”
ConCung Corporation Supply Chain Director, Tuan Tran said about the contract, “With a complex supply chain operation concept and an ambitious business expansion plan in the coming years, ConCung will need a logistics partner that can offer advanced solutions as well as flexibility. We believe that Rhenus Logistics Vietnam with their strong leadership, customer-centric mindset and well-defined strategy will bring much more values than that.”