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.

Increasing foreign investment is expected to come to industrial, logistics properties in Vietnam, pushing the growth of the sector, according to insiders.

VOV.VN - A steep increase in online sales has put pressure on the logistics system, thereby triggering the race to invest in Vietnamese e-commerce logistics, according to details given by insiders.

VOV.VN - The nation has been named among the top 10 places in the 2023 Agility Emerging Markets Logistics Index compiled by Agility, one of the world’s top freight forwarding and contract logistics providers.

Vietnam’s industrial real estate sector has great potential for developing more projects related to data centres, cold storages and logistics, according to John Campbell, Associate Director, Head of Industrial Services at Savills Vietnam - the largest and most experienced real estate services company in the Southeast Asian nation.

VOV.VN - Financiers from the EU and the United States have expressed their keen interest in investing in the Vietnamese market, especially in such fields as green energy, infrastructure, and logistics, according to industry insiders.

Green logistics is increasingly popular on the business radar, given consumers' interest in environmentally friendly products and the trend in green transition now underway globally.

VOV.VN - Ho Chi Minh City must improve its investment environment, develop transport infrastructure, intensify trade promotion activities and climate change adaptation, as well as enhance the quality of urban living environment.

A seminar was held in Hanoi on February 28 to launch the Dubai-led World Logistics Passport (WLP) initiative in Vietnam and discuss the possibility of strengthening cooperation in logistics between Vietnam and the United Arab Emirates (UAE).

VOV.VN - Vietnam has been one of 29 members (hubs) of the World Logistics Passport - (WLP) since May, 2021, thereby paving the way for the nation’s logistics ecosystem to become more closely involved in the global logistics ecosystem, as well as the network of WLP members.