AFCOM Launches Vietnam Cargo Route, Signs VietJet Deal

21 Jul 2025 CW Team

AFCOM Holdings Limited (AFCOM), a key player in the air cargo transportation sector, has announced the launch of a new international cargo route to Hanoi, Vietnam, effective from 2 July 2025. This strategic move expands AFCOM’s international footprint and reaffirms its commitment to delivering seamless and efficient logistics solutions across Asia.

In conjunction with this expansion, AFCOM has entered into an interline agreement with VietJet, a leading Vietnamese airline. This collaboration is expected to provide integrated cargo connectivity between India, South Korea, Taiwan, and Hong Kong via Vietnam—enhancing end-to-end logistics capabilities for businesses across the region.

The new route aligns with AFCOM’s broader strategy of targeting fast-growing and high-potential trade corridors. South Korea and Taiwan have emerged as rapidly expanding lanes, while Hong Kong remains a crucial hub for cross-border e-commerce and high-value cargo imports into India.

Commenting on the development, Capt. Deepak Parasuraman, Chairman and Managing Director of AFCOM Holdings Limited, stated, “The launch of our Vietnam operations and interline agreement with VietJet marks a major milestone in AFCOM’s vision to build a highly connected and agile cargo network across Asia. Vietnam’s central location enables faster access to key trade routes such as South Korea, Taiwan, and Hong Kong—areas increasingly vital to global supply chains. We are focused on improving transit times, cross-border access, and delivering integrated solutions that support our customers’ evolving logistics needs.”

This expansion underlines AFCOM’s commitment to building a robust logistics network, strengthening regional ties, and offering reliable, efficient cargo services across Asia.

Resources

04 Jun 2026

ULCCS Showcases Cooperative Model at UN Symposium

Uralungal Labour Contract Co-operative Society (ULCCS) showcased its community-led development model at the United Nations Headquarters in New York, where it participated as a panellist at the International Symposium on Cooperative Financial Institutions held on 28–29 May 2026.Jointly organised by the United Nations Department of Economic and Social Affairs (UN DESA), the International Cooperative Banking Association (ICBA), and the International Cooperative Alliance (ICA), the symposium was held under the theme ‘Fuelling Inclusive and Equitable Growth’ and brought together policymakers,..

Delhi Airport to Finalise 20-Year Master Plan

Delhi International Airport Ltd (DIAL) is finalising a 20-year master plan to guide long term infrastructure and operational development at Indira Gandhi International Airport, an official said. The operator expects the plan to reflect changes in the airline industry, shifts in the competitive landscape and evolving infrastructure requirements across terminals, airside and support services. The official said the document is likely to be ready in the next two to two-and-a-half months as the operator moves through planning stages. The plan will be prepared after consultations with airport users ..

Aadhar Housing Finance Targets Rs 500 bn AUM By FY29

Aadhar Housing Finance has set a target to raise its asset under management to Rs 500 billion (bn) by the end of FY29, aiming to achieve this over the next three financial years through an 18-20 per cent loan growth trajectory. The firm focuses on the low-income segment with a ticket size of less than Rs 1.5 million (mn) and has relied on that segment to drive expansion. The company closed FY26 with an AUM of Rs 305.71 bn, reflecting the expansion in recent years, and it reported a net profit rise of 22 per cent to Rs 11.08 bn. Management indicated that gross non-performing assets stood at 1.0..