VDA will become a leading logistics group of Vietnam. It will develop a chain of commercial centres and supermarkets with varied brands and standards, directing a professional, modern, practical and reliable distribution network. VDA not only creates a strong framework for the four corporations, but also reorganize domestic distribution and retail networks. Ms Nguyen Thi Hong Minh, VDA Director General, said that by 2008, investors and consumers will benefit from VDA services.

On the same day, at Melia hotel (Hanoi), a signing ceremony took place creating a strategic alliance between VDA, Vietnam Maritime Corporation (Vinalines), Vietnam Seafood Processing and Export Association (VASEP) and Vietnam Investment and Development Bank (BIDV).