{"id":1868,"date":"2024-02-21T14:58:42","date_gmt":"2024-02-21T07:58:42","guid":{"rendered":"https:\/\/kctcvn.com\/?p=1868"},"modified":"2024-02-21T14:58:42","modified_gmt":"2024-02-21T07:58:42","slug":"koreas-establishment-of-the-logistics-center-in-vietnam","status":"publish","type":"post","link":"https:\/\/kctcvn.com\/?p=1868&lang=en","title":{"rendered":"Korea’s establishment of the logistics center in Vietnam."},"content":{"rendered":"
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\ud83d\udcc9The Korean Ministry of Oceans and Fisheries said it has established an agency called K-UPA in Vietnam, to help Korean companies preserve goods at room temperature or low temperatures.<\/p>\n

\ud83d\udcc8The launch of K-UPA takes place in the context of the Ministry working with the Ulsan State Port Authority to open a center in Dong Nai province, southern Vietnam to help Korean companies preserve goods at room temperature. or low temperature.<\/p>\n

\ud83d\udcf6In partnership with Korea-based logistics company KCTC, the project, worth 18.8 KRW (14.3 million USD), focuses on building a 12,000-square-meter center with a storage capacity of 4.3 million pallets of goods. Of which, Ulsan Port Authority holds 80% of the shares in the project, and KCTC Vietnam holds the remainder. \u270dWhen the center opens, it will significantly improve the export competitiveness of Korean businesses operating in Southeast Asia.<\/p>\n

\ud83d\udcccThe center is expected to go into operation in December this year and begin providing full services in July 2025. The center will offer discounts of about 10-15% for small and medium-sized Korean companies.<\/p>\n

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Source: Customs<\/p>\n<\/div>\n