Flexible warehousing models that can help businesses optimise their storage are required amid the development of e-commerce, experts have suggested.

GLP, Asia's biggest warehouse operator, is planning to cooperate with Vietnam’s SEA Logistic Partners, or SLP, in a US$1.5 billion new venture, reported Nikkei Asia Review.

Vietnamese logistics firms, especially small and medium-sized ones, need to get up to speed on digital transformation to enhance their competitiveness if they want to enter global markets after the pandemic ends, experts have said.

Prime Minister Nguyen Xuan Phuc on September 16 received Dutch and Belgian Ambassadors to Vietnam along with EU investors who want to pour capital into a seaport logistics project worth nearly US$1 billion in Vietnam.

Ho Chi Minh City’s Department of Industry and Trade has unveiled a project to promote exports over the next five years.

The central city of Da Nang has called for total investment of VND47.5 trillion (US$2 billion) from the State Budget and foreign sources for the development of 38 projects between 2021-2025, focusing on transport and traffic.

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).