Last week, the carrier's vice president of business development Patric Bergamini reportedly revealed the information during the Asean-EU Business Summit in Brussels as part of Vietnamese Prime Minister Pham Minh Chinh’s official visit to the EU.

Bergamini said that CMA CGM was dedicated to continuing to help Vietnam's economic growth by expanding Gemalink and providing logistics solutions via Ceva Logistics and CMA CGM Air Cargo.

The French corporation has invested in Vietnam's seaports since 1994 through its joint-venture partnership with Sowatco and Mitsui for the VICT Terminal in Ho Chi Minh City. CMA CGM also partnered with Gemadept to launch the Gemalink Container Terminals at the Cai Mep deepwater port in the south and Lach Huyen port in Hai Phong in the north.

CMA CGM Vietnam has over 250 staff and five offices and offers 30 services throughout the country, including six at APM Terminals’ Cai Mep International Terminal (50 km southeast of Ho Chi Minh City).

In May this year, CMA CGM Air Cargo announced a ten-year partnership with Air France KLM covering the operation of freighters.

Meanwhile, Vietnam’s IPP Air Cargo JSC – whose chairman is billionaire Johnathan Hanh Nguyen – proposed withdrawing its application for an air cargo transport licence last month.

The company cited various reasons for its suspension, such as increasing inflation, interest rate hikes, and fuel price fluctuations.