ITL expands cooperation, leading regional growth

The World Bank expects Asia-Pacific growth to be 4.5% this year, higher than the global average of 3.1%. As a global hub of production, consumption and innovation, economic recovery in Asia is clearly reflected in goods trade flows.

For instance, International Air Transport Association (IATA) recently released data indicating global air cargo market continues to grow. In May, Asia-Pacific airlines saw a 17.8% growth in demand compared to the same period last year. Notably, trade routes between Europe and Asia, Middle East and Asia, and within Asia grew by 20.4%, 18.6% and 19.2% respectively.

Similarly, Vietnam achieved an impressive 6.42% growth in the first half of the year. Vietnam is increasingly becoming the preferred destination for multinational corporations in shifting supply chains. In the past six months, it attracted more than 1,500 FDI projects with total registered capital of over $9.5 billion, an increase of 18.9% in volume and 46.9% in capital compared to the same period in 2023.

With increasingly favorable macroeconomic conditions, ITL continues to pioneer in strengthening connections with customers and partners, to open up more opportunities for common development, through attending specialized international conferences and exhibitions.

At the end of June, ITL was one of the representatives from Vietnam attending the Transport Logistic & Air Cargo China at the Shanghai New International Expo Centre (SNIEC) in Shanghai, China.

After a six-year hiatus, the event set numerous record. In an exhibition space of 50,000 m², there were 794 booths from 42 countries and territories. More than 36,000 visitors from 92 countries and regions worldwide attended.

This year's exhibition brought together many of the world’s leading logistics companies such as Sinotrans, CRCTC, COSCO Shipping, China Post, JD Logistics, Cainiao, RTSB, Hefei Logistics Group, Sakhalin Railways, UTLC and DB Cargo. They introduced cutting-edge innovations across many areas of logistics services. This is the most influential event in the logistics, mobility, information technology and supply chain management systems in the Asia-Pacific region.

During the three-day event (June 25 - June 27), ITL's booth attracted thousands of visitors. CEO of ITL Corporation Ben Anh said this was a great opportunity for ITL to meet its customers and partners. They were able to build valuable relationships, exchange views, and strongly promote business cooperation opportunities.

In addition, ITL's presence also showed the increasingly strong, professional, and widespread development of the Vietnam’s logistics industry, ready to serve the diverse needs of investors and businesses.

Currently, ITL is one of the leading companies in the transportation and logistics industry in Vietnam and Indochina. The group owns a comprehensive, shared logistics ecosystem including Aviation, Freight Management, Contract Logistics, Port Logistics and Digitalized Logistics.

With continuous efforts to expand its agency network, ITL is present in over 190 countries and territories worldwide. It has built strategic partnerships with leading companies in logistics industry.

By attending specialized conferences and exhibitions, ITL is not only continuing to strengthen existing domestic and international network but also exploring promising business cooperation opportunities. These efforts play an important role in promoting Vietnam's logistics industry, helping the economy continue to grow and strengthen its image globally.