Business

Int’l logistic expo kicks off in HCM City

The Vietnam International Logistics Exhibition (VILOG), the second of its kind, kicked off on August 1 in Ho Chi Minh City.

Int’l logistic expo kicks off in HCM City (Photo: VNA)
Int’l logistic expo kicks off in HCM City (Photo: VNA)

HCM City (VNA) – The Vietnam International Logistics Exhibition (VILOG), the second of its kind, kicked off on August 1 in Ho Chi Minh City.

Featuring a total of 400 booths by 300 firms from 20 countries and territories worldwide, including the US, Germany, Japan, China, Singapore, and the Republic of Korea, the event is showcasing products, services, and the latest technologies in the fields of transport and forwarding, services and warehouse systems, packaging and cold chains, and logistics IT.

Addressing the opening ceremony, Deputy Minister of Industry and Trade Phan Thi Thang said that the expo has drawn the participation of logistics services, equipment, and solution providers, thereby creating favourable conditions for Vietnamese enterprises to gain access to both international solutions and markets.

Chairman of the Vietnam Logistics Association (VLA) Dao Trong Khoa said that VILOG 2024 also features field trips to important ports and logistics centres that play a crucial role in Vietnam's growing trade and transportation sectors.

Besides, many exhibitors display advanced logistics management software, automation solutions, AI and IoT logistics platforms, and blockchain technology applications to enhance supply chain transparency.

The expo also offers a range of networking opportunities for Vietnamese firms, including business-to-business (B2B) sessions, allowing participants to explore cooperation potential whilst expanding into new international markets.

A number of seminars will also be held during the course of the event to discuss hot issues and new trends in the logistics sector.

The exhibition, to last through to August 3, is expected to attract over 25,000 visitors.

Last year's event lured 256 firms with 354 booths from 22 countries and territories, and more than 25,000 visitors.

Logistics is one of the fastest growing and most stable industries in Vietnam, with an average growth rate of 14–16% a year and a scale of 40-42 billion USD per year. According to Agility's assessment in 2022. Vietnam was ranked 11th in the group of 50 global emerging logistics markets./.

VNA
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