New 3PL Subsidiary in Vietnam

18th December 2023

Logistics BusinessNew 3PL Subsidiary in Vietnam

Logistics company Militzer & Münch is growing in Asia. M&M Militzer & Münch Vietnam Co. Ltd. starts operations today. The new country unit offers the full range of logistics services, with a special focus on air and sea transports.

The Militzer & Münch Group is pursuing a growth strategy in the Asia / Far East / Oceania region. Most recently, a new company was founded in New Zealand in 2022. After M&M China, M&M Malaysia, M&M Sri Lanka and M&M New Zealand, M&M Vietnam is now the fifth national subsidiary in the region. It is located in Ho Chi Minh City. The 9 million-strong metropolis on the South China Sea is both the economic center of the country and an important transport hub for Southeast Asia.

Significant development opportunities

Militzer & Münch focuses on promising markets in the region and considers the location to have great potential for further growth: “Within a few years, Vietnam has developed from one of the world’s poorest nations to a middle-income country,” says Andreas Löwenstein, Regional Managing Director Asia / Far East at Militzer & Münch. “We therefore see good opportunities for successful development while at the same time strengthening our network in the region with the new country unit.”

Militzer & Münch Vietnam will serve many different industries in import as well as in export. A large part of the transport volume will be generated by sea and air transportation. Peter Schüpbach, who previously held various management positions, is heading the new subsidiary.

The Militzer & Münch Group employs a staff of about 2,300 people at over 100 locations in 33 countries. Strategic partnerships in numerous other countries complete the dense network. Militzer & Münch offers worldwide air and sea freight services as well as road and rail transports and project logistics along the East-West axis in Eurasia and North Africa. The Group operates with a dense network of branch offices in Eastern Europe, the CIS, the Middle East and the Far East as well as in the Maghreb countries. The head office of the company that goes back to 1880 is in Sankt Gallen, Switzerland.