A.P. Moller Capital and VinaCapital enhance the future of air cargo in Vietnam.

A.P. Moller Capital and VinaCapital have partnered to invest in ALS Cargo Terminal at Hanoi's Noi Bai International Airport, marking A.P. Moller Capital's entry into Vietnam's air cargo market. ALS Cargo Terminal, a major player in air cargo handling, serves several international airlines and plans to expand its capacity. The investment comes from A.P. Moller Capital's Emerging Markets Infrastructure Fund II and reinforces its commitment to Vietnam's transport sector. Both partners aim to enhance ALS's operations through automation and sustainability, pending regulatory approvals expected by late 2025.