BEST Inc. - China's leading provider of logistics and smart supply chain solutions - inaugurated its courier service in Ho Chi Minh City on October 11.

Illustrative image (Source: internet)

The Chinese enterprise’s move marks a major step in penetrating the Southeast Asian market, after its operation of courier service in Thailand in early 2019.

Johnny Chou, founder, chairman and CEO of BEST, said the firm’s operation in Vietnam is a remarkable milestone for its global strategy.

Chou hoped that BEST’s technology solutions will contribute to the development of the logistics sector and digital economy in Vietnam and Southeast Asia.

BEST’s logistics and supply chain services provide a high-quality option for merchants and consumers in Vietnam in the context that ASEAN is striving to become an increasingly important economic centre.

With its plan to establish and operate a total of seven classification centres in the Vietnamese market, the Chinese firm, in cooperation with BW Industrial, is building a centre for classifying goods in HCM City.

Covering an area of 4.5 ha, the centre’s construction is scheduled to be completed in April 2020, equipped with high-speed automatic classification lines and scanning systems of goods weight and dimension.  It also offers a smart storage service.