Formation History
2006 - 2014 | DEVELOPMENT AND ACCELERATION
After the first period, HB Group had become a reputable corporation in trading and distribution industry with solid expertise as well as financial and human resources. In second period, HB Group merged some joint ventures to accelerate the business in current sectors and to expand to other sectors. Meanwhile, in the same period, HB focused on making new investments, managing current investments, and restructuring some business sectors including logistics, construction, construction materials production, and real estate.
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VINAFCO Leading Logistics Company in Vietnam www.vinafco.com.vn |
Location: Hanoi Investment time span: since 2006 Investment status: Majority shareholder, direct management Exit: Partial withdrawal in 2014 |
With almost 30 years of experience in logistics, Vinafco – a strategic business unit of HBG- is one of the pioneers to provide third party logistics service (3PL) in Vietnam. Vinafco’s representative offices and logistics centers currently has the total area of 230,000 square meters across the country. Vinafco is a trustworthy service provider for more than 500 customers such as Panasonic, Huawei, Honda, Cocacola, Foxconn, BigC, Samsung, etc.