Hanoi works to develop logistics infrastructure
The People’s Committee of Hanoi has issued a plan to cut logistics costs and effectively connect the city’s transport system.
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The People’s Committee of Hanoi has issued a plan to cut logistics costs and effectively connect the city’s transport system.
A seminar calling for overseas Vietnamese investment in the north central region took place in Vinh city, the central province of Nghe An on December 29.
Hanoi is expected to become one of the country’s three major logistics hubs that meet international standards, said a municipal official. Nguyen Thanh Hai, Deputy Director of the municipal Department of Industry and Trade, said Hanoi has launched a project on managing and developing logistics services in the locality 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.
Improved infrastructure and simplified administrative procedures have made border-gate economic zones in the northern provinces of Quang Ninh and Lang Son bordering China stand out in attracting a large amount of goods through the border gates.
A seminar to discuss policy recommendations to support logistics development in Vietnam was held in Hanoi on October 29.
The Government is trying to reduce the cost of goods transport in the country to make logistics more competitive and one of the economic spearheads.
Cargo shipping has seen positive growth in the first six months of the year, with 254.8 million tonnes handled via the country’s seaports, up 17 percent on last year.
The World Bank and Vietnam’s Ministry of Transport have launched the Vietnam Logistics Statistical System Project.
Vietnam always welcomes and commits to creating conditions for foreign businesses, including those from China’s Chongqing city, to land investment in high-tech projects in the country, said diplomat.
Vietnam needs to simplify its visa applications and procedures for foreign companies to enter the country so the logistics industry can attract more foreign business partners, representatives of logistics companies have said.
Localities and businesses appreciate the efforts made by Vietnamese trade counsellors in helping the country’s businesses boost their exports, and want them to continue providing information.
A detailed plan on logistics development, especially on transport connectivity, is needed to set goals for industrial production, agriculture and imports-exports, experts have urged.
“It is necessary to make more effort and measures to improve competitiveness of Vietnamese logistics firms.”, said Minister of Industry and Trade Tran Tuan Anh.
A conference opened in Hai Phong city on November 22 with a view to promoting cooperation along the economic corridor of Vietnam’s Lao Cai province, Hanoi, Hai Phong city and Quang Ninh province and China’s Yunnan province.
The Vietnamese Government is committed to strongly supporting the Greater Mekong Sub-region (GMS) Economic Cooperation Programme initiative, said Minister of Planning and Investment Nguyen Chi Dung.
Provinces and cities of the Mekong Delta need to focus on speeding up agricultural production, tourism and services to tap the region’s potential, said Deputy Prime Minister Vuong Dinh Hue.
Deputy Prime Minister Vuong Dinh Hue had a working session with the World Bank (WB)’s Country Director in Vietnam Ousmane Dione, in Hanoi on June 26 to discuss trade facilitation, logistics development and on-stop-shop model.
