Business

PM calls for more measures to reduce logistics costs

Prime Minister Nguyen Xuan Phuc has signed a directive on reducing logistics costs and connect the transport infrastructure system.
PM calls for more measures to reduce logistics costs ảnh 1Illustrative image (Source: Internet)

Hanoi (VNA) – Prime Minister Nguyen Xuan Phuc has signed a directive onreducing logistics costs and connect the transport infrastructure system.

The directive noted that the Governmentleader approved an action plan to increase competitiveness and developlogistics services in Vietnam until 2025 on February 14, 2017. After more than ayear of implementation, offices and units have exerted efforts to achieve set targets.

However, the transport infrastructure systemhas developed unevenly, while links between modes of transportation haveremained ineffective. Logistics centres to connect Vietnam with other countrieshave yet to be built, leading to high logistics costs, harming thecompetitiveness of the Vietnamese economy.

To cut logistics costs and promote theconnectivity of the transport infrastructure system, the Prime Minister askedministries, sectors and localities to focus on six main task groups under theaction plan. The task groups are: completing policies and laws on logisticsservices, increasing the quality of logistics infrastructure, improving thecapacity of enterprises and quality of services, developing the logisticsmarket, increasing the quality of human resources and raising public awarenessof the importance of logistics services.

The Government leader assigned the TransportMinistry to tweak legal documents, reform administrative procedures, cutbusiness conditions, simplify inspection procedures and intensify connectivitybetween modes of transportation.

The ministry was also urged to speed up therestructuring of the domestic transportation market by reducing the marketshare of road transportation and increasing the market shares of sea, railwayand internal waterway transportation.

The PM requested the Ministry of Industryand Trade to continue working with related ministries and sectors to completepolicies attracting investment in logistics infrastructure, and developlogistics infrastructure in combination with e-commerce.

The Ministry of Planning and Investment wasordered to draw investment in key logistics centres.-VNA
VNA
#Prime Minister Nguyen Xuan Phuc #directive #logistics costs #transport infrastructure system #logistics services #Vietnam #Vietnamplus #Vietnam News Agency
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