Aug 26, 2024 12:00:00 AM
Singapore, 25 August 2024 – YCH Group, Singapore’s largest homegrown supply chain and logistics provider, recently welcomed a high-level delegation from Vietnam, led by His Excellency Mr. Lại Xuân Môn, a member of the 13th Party Central Committee, at Supply Chain City®. The visit showcased YCH’s advanced supply chain technologies and strategic developments focused on strengthening regional connectivity across ASEAN.
The delegation was introduced to YCH’s cutting-edge technologies, including autonomous warehousing systems and real-time inventory tracking powered by advanced data analytics.
Vietnam SuperPort™, a strategic joint venture between T&T Group and YCH Group, is actively implementing these innovations. As a multimodal logistics hub, Vietnam SuperPort™ aims to revolutionize supply chain management by boosting operational efficiency and enhancing ASEAN regional connectivity.
Positioned strategically near 20 industrial parks, Vietnam SuperPort™ offers robust multimodal connections through road, rail, air, and sea. Its key links to China’s Yunnan province and Kunming city, extending through Hanoi to Hai Phong international port, establish it as a critical logistics hub, streamlining regional trade and significantly improving supply chain efficiency.
The delegation discussed YCH Group’s innovative 'Park within a Park™' concept, which drives the Vietnam SuperPort™. By consolidating a full range of end-to-end supply chain management solutions within a single hub, this model elevates operational efficiency, promotes sustainability, and positions Vietnam as a premier logistics gateway in the region.
Beyond enhancing trade, Vietnam SuperPort™ is purpose-built to support Vietnam’s rapidly growing manufacturing and e-commerce sectors. It plays a vital role in driving the country’s economic development and advancing Industry 4.0 goals, positioning Vietnam to gain a competitive edge through new technologies. The delegation expressed support for the project, affirming that it would bring value to Vietnam.
“We were honoured to host His Excellency Mr. Lại Xuân Môn and the delegation. Their visit reaffirms Vietnam SuperPort™’s role in driving Vietnam’s economic growth and ASEAN connectivity. We are grateful for their support and look forward to building strong partnerships to drive sustainable growth and innovation, positioning Vietnam as a leader in regional supply chains,” said Dr. Yap Kwong Weng, CEO of Vietnam SuperPort™.
YCH Group also showcased its Electric Prime Mover, reinforcing the company’s commitment to sustainability through its Greening the Supply Chain initiative. As part of YCH’s environmental strategy, the company plans to expand its green fleet in Vietnam, with the goal of making the Vietnam SuperPort™ Southeast Asia’s first net-zero multimodal logistics hub by 2040.
The delegation also focused on YCH’s efforts to upskill Vietnam’s workforce through the Supply Chain and Logistics Academy (SCALA®), which offers essential training in supply chain management. This initiative supports Vietnam’s Industry 4.0 ambitions by building a skilled talent pipeline for the logistics sector.
YCH Group looks forward to deepening collaborations with Vietnam and the broader ASEAN region, working together to achieve shared goals of sustainability, innovation, and economic integration.
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