St. Gallen, December 18, 2023. 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 Militzer & Münch 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.