Resolution No. 02/NQ-CP stresses a comprehensive, synchronised approach to improving the investment and business climate across all fields, from mechanisms, policies, and administrative procedures to digital platform development and stronger enforcement capacity.
By 2050, Vietnam's logistics sector is projected to contribute 7-9% of GDP, with logistics costs lowered to 10-12% of GDP and the LPI ranking entering the world’s top 30, backed by 10 state-of-the-art hubs.
Amid economic uncertainties and fierce competition, improving connectivity between domestic and global logistics networks has become a pressing demand, experts said at a logistics forum with Asia-America 2023 held by the Ministry of Industry and Trade (MoIT) in Ho Chi Minh City on December 21.
Indonesia’s trade logistics performance is still lagging behind other members of the Association of Southeast Asian Nations (ASEAN), and the government is blaming the country’s geographical traits for its underwhelming performance.
There has been great pressure on Vietnam's logistics industry to train, retrain and upgrade workers' knowledge as well as to keep up-to-date with international standards and measures, according to the Vietnam Logistics Business Association (VLA).
Vietnam is planning to raise the contribution of logistics services to its gross domestic product (GDP) to 5-6 percent by 2025, according to a recent decision signed by the Prime Minister.
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.
The sixth Vietnam Logistics Forum convened in the northern coastal province of Quang Ninh on December 12, with businesses and authorities exchanging ideas and measures to increase investment in green logistics and connections among economic regions.
The southern metropolis Ho Chi Minh City will form logistics centres in concentrated production areas or those near seaports to provide various services and operate as ports, container depots and container freight stations.
