Vietranstimex and Fagioli Asia Pte Ltd. Signed Memorandum Of Understanding (MOU)

In the morning of October 25th, 2022, the MOU  Signing Ceremony between Vietranstimex and  Fagioli Asia Pte Ltd (Fagioli) was successfully held at Sotrans Group’s office with the participation of Mr.Dang Vu Thanh – Vietranstimex’s Chairman, Mr. Bui Quang Lien - Vietranstimex’s General Director; Mr. Le Trieu Phong - Deputy Director of Vietrantimex-Central Vietnam and representatives of Fagioli include Mr. Cristiano Cavallini - President & Managing Director Asia-Pacific Area together with the witness of other members of Vietranstimex and Fagioli.

The MOU signing ceremony between Vietranstimex and Fagioli marks the comprehensive strategic partnership between the two enterprises, who are both leading experts in the field of transporting, loading and unloading and installing oversized overweighed, project goods and bulk equipment. The Parties have confirmed their interests in principle to cooperate with each other in good faith and mutual trust in establishing a formal commercial agreement, whereby the Parties will tended for, negotiate and jointly execute projects involving heavy and critical lifts and transportation in Vietnam.

Becoming a strategic partner with Fagioli contributes to enhancing Vietranstimex's stature in the market, aiming to promote the development of services where Vietranstimex is a strength in heavy transport, wind power installation, cargo projects in the Asia Pacific market.

Congratulations to Vietranstimex Multimodal Transport Joint Stock Company and Fagioli Asia Pte Ltd, wish the cooperation relationship between the two sides to be successful, achieve great achievements ahead and make positive contributions to the sustainable development of two businesses!

* Fagioli Asia Pte Ltd is a leading specialized lifting, transport and freight forwarding company in the Asia Pacific region. Fagioli has a head office based in Italy and companies in Asia, America, Africa, Europe, India and the Middle East.

* Vietranstimex is now the leading company in the field of oversized overweighed multimodal transportation services in Vietnam and Region. VTT has been ranked as 33rd (2021) and top ranking of the IC Transport 50, the world’s largest specialized transport companies as from 2011 up to now.