Vietnamplus

The Ministry of Transport (MoT) has requested more investment be prioritised for air and rail transport to the Central Highlands to ease pressure on road transport.

The Red River Delta is expected to retain its position as the nation’s economic locomotive and largest growth engine.

Members of the Vietnam Logistics Business Association (VLA) recorded a business growth rate of about 15% this year, contributing to the country’s all-high trade value of 732 billion USD.

The rapid growth in e-commerce is driving an unprecedented increase in demand for logistics services, including express delivery services, according to industry insiders.

Vietnam plans to construct five first-class fishing ports for fishery hubs across the country in the 2021-2030 period, according to a plan drafted by the Ministry of Agriculture and Rural Development.

Vietnam’s geography gives it a logistical advantage in boosting production, export and logistics services. This year, the Government has set targets of tapping its full potential.

Prime Minister Pham Minh Chinh has underlined that Khanh Hoa should turn its Truong Sa island district into an economic, culture and social centre at sea, and a firm wall protecting the national sovereignty over seas and islands on the foundation of Vietnamese and international law, including the UN Convention on the Law of the Sea (UNCLOS) 1982.

Prime Minister Pham Minh Chinh has suggested the southern province of Ba Ria-Vung Tau focus on developing logistics services, infrastructure; national, regional and global transport connectivity, green and hi-tech industry and agriculture, culture and tourism.

The Logistics Forum Vietnam 2021 will take place on December 14, focusing on logistics human resources development.

Container freight trains from Vietnam to Belgium will open up a new cooperation direction to increase benefits of railway logistics services, Deputy General Director of the Rail Transport and Trade Joint Stock Company (Ratraco) Nguyen Hoang Thanh told the Vietnam News Agency (VNA).

Some of the islands in the Truong Sa archipelago have been equipped with special shelter areas considered “common homes” at sea for fishermen to stay safe amid storms and access fishery logistics services, and which also help safeguard Vietnam’s maritime sovereignty.

Hanoi plans to turn Long Bien inland container depot (ICD) into a modern logistics centre with a complete chain to meet the increasing demand for logistics services.

The Vietnam Maritime Corporation aims to become a major enterprise in the region and have its competitiveness comparable to international rivals by 2030.

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.

Optimising quality of logistics services is a requisite measures to boost Vietnam-EU trade amidst the COVID-19 pandemic, experts said at the online business matching forum held on December 9.

The 16th Party Congress of the northern port city of Hai Phong for the 2020-2025 tenure kicked off on October 14 with the participation of 350 official delegates.

The new Mien Dong (Eastern) Bus Station, the country’s biggest bus station, has been officially put in use in Ho Chi Minh City’s district 9 after nearly four years of construction.

A workshop was held in the southern province of Ba Ria – Vung Tau on June 18 to seek ways to develop seaports and logistics services, which are important components of the local economy.

The development of e-commerce together with delays to import and export activities due to disrupted logistics services has accelerated demand for ready-built factories and warehouses during the COVID-19 outbreak in Vietnam.

The European Union-Vietnam Free Trade Agreement (EVFTA) will boost the demand for logistics services and significantly impact on Vietnam's logistics industry, said a trade official.