(VOVWORLD) - Russian logistics companies are expanding rail and sea routes to boost Vietnam-Russia trade, and the FESCO Transportation Group is playing a central role through its project to make the Ho Chi Minh City port a Southeast Asian transshipment hub.
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German Maslov, FESCO Deputy CEO for Logistics, said the sea route connecting Vladivostok with Vietnamese ports has proven highly effective, after two years of operation, in attracting strong interest from businesses in both countries.
Starting with one vessel, FESCO now runs three ships regularly. In 2025, cargo volume between Vietnam and Russia has risen 16%. Goods from ASEAN are also being transshipped through Vietnamese ports.
Two months ago, FESCO opened new services from Vietnam to Saint Petersburg and Novorossiysk, enabling Vietnamese goods to reach Russia’s three largest ports. Maslov noted that Vietnam has become an indispensable hub in the company’s logistics network.
Vietnam is also a key link in regional shipping services. FESCO operates routes connecting Vietnam with Malaysia, Indonesia, and Thailand. Maslov described Vietnam as a “hub port” for ASEAN, boosting flows between Russia and the bloc. According to Maslov, FESCO has opened a representative office in Vietnam and is poised to build warehouses, port terminals, and joint ventures there.