Big investment should be made to accelerate digital transformation in the logistics sector, which plays a pivotal role in Vietnam’s socio-economic landscape, creating significant value addition and contributing to the nation's import-export growth.

VOV.VN - The Vietnam International Logistics Exhibition (VILOG), the second of its kind, kicked off on August 1 in Ho Chi Minh City amid the presence of Deputy Minister of Industry and Trade Phan Thi Thang.

Rosy signs in exports-imports, rising shipping fees, and new regulations on seaport services charges are believed to steer Vietnam's seaport and logistics sector through headwinds this year.

The domestic logistics sector has made big strides over the past time, significantly contributing to national economic growth and generating jobs for labourers.

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.

Green logistics is a growing trend that is expected to become a requirement in the supply chain of food sector, heard a conference themed “Green logistics – from trend to practice and its role in the food production and export” held in Ho Chi Minh City on June 28.

Vietnam might have one of the fastest growing logistics industries in the world, but it remains highly fragmented.

Vietnam will focus on enhancing the competitiveness of the logistics sector and removing bottlenecks in the sector in order to promote trade and investment with India, an official has said.

Up to 68.4% of logistics companies in Vietnam saw increases in their revenues in the first nine months of 2022 compared to the same period of last year, a study released by Vietnam Report JSC showed.

The Vietnamese logistics sector is eyeing the urgent need for renovation, overall solutions and vision as well as new development orientations to catch up with the global trend, creating a breakthrough for the country’s socio-economic recovery and development, according to experts.