MingZhu Logistics Holdings Ltd has announced a strategic partnership with ENEXTREND.VN Company Limited, marking a significant step in enhancing cross-border logistics and supply chain efficiency. The non-binding memorandum of understanding aims to leverage the expertise and resources of both companies, fostering innovation in logistics products and technologies. This collaboration is set to boost the e-commerce business of Enextrend's Muamau Mall by providing efficient logistics and supply chain services, ultimately improving customer experience. The partnership, effective from July 7, 2025, will last for two years, with the possibility of early termination. The venture aims to reduce operating costs, improve efficiency, and open up broader market opportunities, though it remains contingent on due diligence, a definitive agreement, and board approval.
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