Opening the door to more import opportunities to boost trade
FedEx Express is further enhancing its intercontinental services between Vietnam and the Middle East, with the introduction of a new flight service that offers faster transit time, according to a corporate press communique.
Effective October 31, 2023, the new flight service will use a dedicated B767 freighter flying four evenings a week from Ho Chi Minh City in Vietnam, improving transit time by one business day for importers in the UAE and Saudi Arabia. With a total of nine weekly flights now departing from Ho Chi Minh City, shipments will now reach the UAE and Saudi Arabia within two business days.
Saudi Arabia is one of Vietnam’s leading economic partners in the Middle East. Their two-way trade volume reached a value of US$ 2.7bn in 2022, an increase of 32.4% compared to 2021, the press statement observed.
“The transit time enhancement provides importers in the UAE and Saudi Arabia with a competitive advantage by helping them build faster and more efficient supply chain networks with businesses in Vietnam. This facilitates trade and boosts the growth of businesses, especially SMEs, in the UAE and Saudi Arabia,” stated Nitin Tatiwala, VP, FedEx Express Middle East, Indian subcontinent, and Africa Air Network
FedEx has been supporting cross-border trade to and from the Middle East since 1989. With the new flight service, businesses in the UAE and Saudi Arabia may gain a competitive edge with expedited delivery times.