The Mekong Delta is working with the Ministry of Transport to improve the local transport infrastructure and thus trade flows, the Can Tho Branch of the Vietnam Chamber of Commerce and Industry has said.
Vietnamese enterprises are looking to sell their products online in Singapore where 73% of its population regularly shop online and make cross-border transactions.
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.
Maritime transport costs have skyrocketed in recent months as the impact of the COVID-19 pandemic takes its toll, pushing import-export companies into a lot of difficulties.
Vietnam Post Corporation (Vietnam Post) on March 22 launched an automated packages sorting system at its logistics centre in the central region, which is located at the Hoa Khanh Industrial Park in Da Nang city.
VOV.VN - Ho Chi Minh City is set to rake in US$70 billion in export turnover by 2025 and US$108 billion by 2030, and maintain an average annual export growth of 9% during the 2026-2030 period.
Vietnam is to have 280,000 ha of marine aquaculture area and 10.5 million cubic metres of farming cages by 2025, according to the Ministry of Agriculture and Rural Development (MARD).
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 is planning to raise the contribution of logistics services to its gross domestic product (GDP) to 5%-6% by 2025, according to a recent decision signed by the Prime Minister.
Logistics, considered a backbone of Vietnam’s economy, is among eight sectors prioritised by the national programme for digital transformation until 2025.