Cold storage might soon become a rising star in the logistic sectors, property market researcher Jones Lang LaSalle (JLL) Vietnam has said.

The online Vietnam – South America logistics trade forum has been held to help the two countries' firms expand business cooperation opportunities in the field.

Optimising quality of logistics services is a requisite measures to boost Vietnam-EU trade amidst the COVID-19 pandemic, experts said at the online business matching forum held on December 9.

Vietnam was ranked fifth in terms of global trade connectedness last year, up five places from the previous ranking in 2017, according to a report jointly released by the US’s New York University Stern School of Business and logistics giant DHL.

The Vietnam Digital Transformation Day (DX Day Vietnam) 2020 is scheduled to take place in Hanoi on December 14-15 with the direct participation of more than 2,500 delegates and over 10,000 others online.

Freight and logistics stocks have seen major gains since the beginning of 2020 even as the COVID-19 pandemic has wreaked havoc on the economy.

VOV.VN - Vietnam is set to see 55% of the local population regularly participate in online shopping activities by 2025, with the value of goods purchased through the internet and online services reaching an annual average of US$600 per person.

VOV.VN - The logistics sector is widely regarded as a key ingredient for Vietnam's competitiveness and inclusive growth, although the country’s logistics costs remain high in comparison to the regional and global average, according to insiders speaking at the Vietnam Logistics Forum 2020 held on November 26 in Hanoi.

The lists of the most reputable players in Vietnam’s logistics sector this year were released by the Vietnam Report JSC on November 24.

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