MOL forms agency company in Vietnam
Mitsui O.S.K. Lines, Ltd. has formed its own agency organization in Vietnam, headquartered in Ho Chi Minh City.
Effective December, MOL (Vietnam) Co., Ltd. will take over agency activities from former independent agent Vietnam Japan Trading and Container Service Co., Ltd.
Mitsui O.S.K. Lines said it has taken over the organization of Vietnam Japan Trading and Container Service (Vijacont), and increased its paid-in capital, as well as the number of employees. Vijacont was first appointed as MOL’s agent in February 2003.
MOL (Vietnam) will operate branch offices in Hanoi, Haiphong, Danang, and Quy Nhon. Mitsui O.S.K. Lines said the new company is “one of the few logistics companies in Vietnam that have local leased lines.” All its offices are connected, by high-speed online links.