VOV.VN - Vietnam will focus on developing underground space, sea space, and outer space in order to create the optimal conditions possible for the strong development of logistics infrastructure moving forward, said Prime Minister Pham Minh Chinh at the Vietnam Logistics Forum 2024 held on December 2 in Ba Ria-Vung Tau province.

VinaCapital, Vietnam’s most diversified asset manager, and A.P. Moller Capital, a global fund manager focused on high growth markets, have set up a joint platform to grow and scale investments in transportation and logistics infrastructure in Vietnam.

The People’s Committee of Nam Dinh province and Quanta Computer Inc. of Taiwan (China) signed on April 21 an agreement to develop a large-scale computer production project at My Thuan Industrial Park in My Loc district.

VOV.VN - Vietnam needs to continue to fine-tune its legal system, develop a digital economy, upgrade accounting systems in line with international standards, and improve logistics infrastructure in a bid to attract greater investment flows through M&A model.

Removing bottlenecks in transport infrastructure and policy mechanisms is considered an important solution to help cut logistics costs and improve the competitiveness of Vietnamese businesses and goods in the time to come.

Companies are expected to implement digital strategies to continue to reach customers, experts said while alluding to trends in the e-commerce market this year.

Vietnam’s port sector will flourish this year as trade in goods is expected to thrive on the back of recovery in production, domestic consumption, and export markets, according to industry analysts.

Vietnam’s B2C e-commerce revenue rose by 25 percent to 10.08 billion USD in 2019, according to the e-Commerce White Book 2020 released by the Ministry of Industry and Trade (MoIT)’s e-Commerce and Digital Economy Agency (iDEA).