A Vietnam Post bonded warehouse. (Photo courtesy of the company) Besidesthe delivery sector, Viettel Post has invested heavily in logistics, e-commerce,and technology to become the country's leading logisticsenterprise based on high technology, baodautu reported.
Theonline newspaper cited Tran Trung Hung, General Director of Viettel Post,as saying that his company would focus on investing in warehouses,vehicles, warehouse logistics and international freightforwarding in 2022 and the following years.
ViettelPost would also make sufficient investment in technology appliances tosolve problems in the logistics service chain,considering it the most competitive for logistics serviceproviders, Hung said.
Headded that the firm also planned to build a smart logistics anddistribution centre run under the world's smart warehouse model. It wasexpected to increase its automation warehouse rate to 50-60 percent.
VietnamPost has also made a similar move, making strongpenetration into the logistics market. The company said on itswebsite that logistics became one of its five key businesspillars in 2022.
It established VietnamPost Logistics Company, which focuses on providing warehousing services, orderfulfilment services, international transportation services, import and export,customs, and first-mile transportation.
Accordingto Nguyen Dinh Cuong, Director of Vietnam Post Logistics Company, in thefuture, along with ensuring operation and improving services that optimisecosts for customers, Vietnam Post Logistics would continue to focus oninvestment and development in infrastructure of more than 350,000m2 ofwarehouses.
Thesewill include bonded warehouses, cold storage associated with a supply chainsystem dedicated to agricultural logistics, e-commerce warehouses in keyeconomic regions, and a system of distribution centres.
Thecompany carefully calculated the location of each warehouse and workswith organisations to ensure convenience in transactions and highconnectivity, Cường said, adding that it also set up end-to-end logisticscontrol centres and improved information technology capabilities tosupport strategic logistics goals gradually.
Accordingto the Vietnam Post, Logistics Company is striving to become a"billion-dollar enterprise" and a leading logistics service providerin Vietnam by 2025 with branches and offices in many countries worldwide suchas the US, the EU, Japan and Laos.
Analystssaid that the boom in e-commerce facilitated the development of thelogistics industry in 2021. Last year, the Vietnamese e-commerce market grew by16 per cent year-on-year to reach 14 billion USD.
Itis forecast that the scale of Vietnam's e-commerce could reach 52billion USD in 2025, which would create enormousopportunities for postal companies.
NguyenVu Hong Thanh, Director of the Postal Department, said that the postalindustry was emerging as an important industry for nationalsocio-economic development, enjoying many opportunities in developmentto become the infrastructure of the digital economy.
Asshared-platform business models explode, new-generation retail and e-commercebusiness models will need a widespread delivery infrastructure to getgoods to consumers.
Shesaid this was an advantage that not many fields had. When smartdevices were popularised, the postal infrastructure needed to become amore robust support bridge for e-commerce activities, especially in ruralareas, she said.
Despitemany challenges faced due to the pandemic, the postal industry stillachieved an average growth rate of between 20-30 percent in 2021.
ThePostal Development Strategy to 2025 will focus on promoting e-commerce andlogistics fields with market size of up to 70-80 billion USD by2025, promoting the transition of the postal industry fromtraditional to digital services./.
VNA
