Ferrari Group expands in Southeast Asia: new 100% owned subsidiary in Ho Chi Minh City, Vietnam
We are delighted to announce a significant step in our Asia-Pacific growth strategy: the official launch of our fully owned corporate entity in Ho Chi Minh City, Vietnam.
A Legacy of Partnership – For years, Ferrari Group has navigated the vibrant Vietnamese market only alongside esteemed local partners. We express our sincere appreciation for their past collaboration and for their further support, in order to keep improving our services.
Direct Presence, Enhanced Precision – As Vietnam emerges as one of the world’s most dynamic luxury hubs, transitioning to a 100% Ferrari Group-owned structure allows us to provide a seamless, end-to-end service model. This direct investment in Ho Chi Minh City is designed to meet the sophisticated demands of the local jewelry and watch sectors through:
- Total operational control: one point of contact for all customers for each step of our service, including billing. Extension of Ferrari insurance to all Door to Door shipments to/from Vietnam, as well as to all other locally performed services.
- Regulatory expertise: specialized support in navigating Vietnam’s evolving customs landscape and the new 2026 regulations regarding precious metal transport and “gold trading” compliance.
- Secured infrastructure: utilization of our global security standards for high-value cargo, including secured transport and secured storage solutions.
- Event & Exhibition Support: tailor-made logistics for HCMC’s growing calendar of private high-jewelry events and luxury exhibitions.
Our commitment to the region – This expansion reinforces our dedication to the Southeast Asian market. Our HCMC team will work in close synergy with our regional hubs to ensure that our clients benefit from our Network’s global reach, paired with deep local market intelligence.
We would like to congratulate all the teams who have been instrumental in creating the new Vietnam entity, and we invite our clients and partners to join us in this new chapter, as we elevate the standards of luxury logistics in Vietnam.
Contact our Ho Chi Minh City Branch: click here
