Business

Plan aims to raise Vietnam’s position in global logistics rankings

The Ministry of Industry and Trade (MoIT) is aiming to raise Vietnam’s ranking in the World Bank’s Logistics Performance Index (LPI) by five to 10 places by 2025.
Plan aims to raise Vietnam’s position in global logistics rankings ảnh 1Containers are loaded at Da Nang Port in Da Nang city (Photo: VNA)

Hanoi (VNA) – The Ministry of Industry and Trade(MoIT) is aiming to raise Vietnam’s ranking in the World Bank’s LogisticsPerformance Index (LPI) by five to 10 places by 2025.

In 2018, Vietnam stood at 39th position in theglobal LPI rankings.

The target was set in the MoIT’s recently-issuedplan for improving Vietnam’s logistics performance, part of efforts to realise theGovernment’s Resolution No.02/NQ-CP on the continued implementation ofsolutions to improve the business climate and national competitiveness in 2019.

[Video: VN among the world’s top ten emerging markets by logistics]
The plan set up 49 tasks associated withsub-indexes of the LPI for ministries, sectors, and localities. Task groupsinclude those on upgrading infrastructure, improving the distribution capacity,promoting the competence and quality of logistics services, maximising theability to track and trace consignments, reducing performance times and costs,and enhancing the efficiency of customs clearance.

The MoIT’s Department of Import-Exports isassigned to coordinate the implementation of this plan. –VNA
VNA
#Ministry of Industry and Trade #Logistics Performance Index #Vietnam's logistics performance #Vietnam’s position in global logistics rankings #logistics services #customs clearance efficiency #logistics infrastructure #updated Vietnam news #Vietnamplus #Vietnam News Agency
Follow VietnamPlus

Related News

1.32 billion USD logistics centre planned in Ba Ria-Vung Tau

1.32 billion USD logistics centre planned in Ba Ria-Vung Tau

A joint venture between the Hanoi Export-Import Company (Geleximco) and International Transportation and Trading Joint Stock Company (ITC) has proposed building a logistics centre and Cai Mep Ha habour in southern Ba Ria-Vung Tau province.
Vietnam – fertile land for logistics startups

Vietnam – fertile land for logistics startups

Many students showed interest in logistics startups while attending a recent seminar held by the Ministry of Industry and Trade (MoIT)’s Export-Import Department and the Vietnam logistics training network.

See more

Hanoi greens traffic roads (Photo: VNA)

Vietnamese contractors aim for global stage with mega projects

Nguyen Thanh Nghi, then Minister of Construction, said over the past four decades, more than 120 large-scale projects of national significance have been completed. Many of them feature innovative structural designs, new construction techniques, and cutting-edge technologies, some introduced in Vietnam for the first time or holding regional importance.

The seminar attracts numerous investors and industry partners, including representatives from the International Semiconductor Industry Group, Qualcomm, and Marvell. (Photo: VNA)

Vietnam, Singapore seek cooperation chances in semiconductor industry

Cross-border collaboration will be key to unlocking the next growth opportunities as Vietnam is an emerging player in the industry, with a market size exceeding 18 billion USD in 2024 and projected to rise to over 31 billion USD by 2029, said a representative from the Singapore Semiconductor Industry Association.

Loading/unloading goods at the port of Tan Cang Hai Phong International Container Terminal Company Limited. (Photo: VNA)

Vietnam has 17 inland container ports

Vietnam now has 17 inland container depots (IDCs) across 12 provinces and centrally-governed cities. IDCs form a crucial part of the country’s transportation infrastructure network. They serve as key logistics hubs, supporting the operations of seaports, airports, inland waterway ports, railway stations, and border checkpoints, while also functioning as customs clearance sites for imports and exports.

At the launching ceremony of the "Empower Youth for Future Success in Ha Nam Province" programme. (Photo: CED)

Empower youth for future success in Ha Nam province

The "Empower Youth for Future Success in Ha Nam Province" program is designed to equip these young people with a comprehensive set of skills, including social, financial, employability, and entrepreneurship skills.

Omoda & Jaecoo Vietnam looks to expand EV charging network. (Photo: VNA)

Omoda & Jaecoo Vietnam looks to expand EV charging network

The partnership brings together industry leaders: EBOOST (EVMobility) specialising in personal charging solutions, EV Power in charging station development, EV Pay in digital payment services, Rabbit EVC in integrated charging solutions, and Nova Energy in large-scale renewable energy projects.

📝 OP-ED: Private economic sector with aspiration for groundbreaking development

📝 OP-ED: Private economic sector with aspiration for groundbreaking development

This message from Party General Secretary To Lam in his recent article "Developing private economic sector – A lever for a prosperous Vietnam" marks a turning point in the awareness about the private economic sector’s important role while touching on the aspiration for groundbreaking development of the country's most dynamic economic industry today.

Nguyen Doan Hoai Thu currently working at the Luxembourg Chamber of Commerce (Photo: VNA)

Vietnamese intellectuals in Luxembourg share experience in building int’l financial centre

Pham Thi Huong Ly, Master of Accounting and Audit, Financial Reporting Manager at Aztec Luxembourg which specialises in investment fund financial services, shared that drawing from her experience in Luxembourg, Vietnam, and Singapore to establish a successful international financial centre, it is necessary to build a transparent institutional framework that protects investor rights.

Geely Auto launches three competitively priced versions, Standard, Premium, and Flagship. (Photo: VNA)

Chinese auto giant stakes its claim in Vietnamese market

Geely clearly demonstrated its green and sustainable direction with the all-electric Geely EX5, which stands out with its powerful 218-horsepower electric motor, 320 Nm of torque, and a 60.2 kWh battery capacity allowing the vehicle to travel up to 430 kilometres on a full charge.