About 15% of Vietnam’s logistics firms estimate they will see revenue cut in half this year compared to 2019 because of the COVID-19 pandemic.
The logistics industry in Vietnam, especially HCM City, continues to face challenges like red tape and traffic congestion near border gates despite progress made in facilitating trade, Dinh Ngoc Thang, head of the city Department of Customs, told a recent conference.
Falling one place to 11th in the global index of emerging logistics markets, Vietnam was still seen as a clear winner in the US-China trade war.
VOV.VN - Vietnam's logistics infrastructure posted positive changes throughout 2019 while several major road and railway upgrade projects were put into service.
VOV.VN - A total of 12 prizes for the first international logistics photo contest held in the nation have been unveiled, including one first-place prize, two second-place prizes, two third-place prizes, and seven consolation prizes.
Vietnamese logistics companies need to improve their competitiveness to stay afloat when the EU-Vietnam Free Trade Agreement (EVFTA) comes into effect, experts have said.
The Vietnamese air freight market has seen remarkable growth in recent years and the momentum is expected to continue, the 4th International Conference and Exhibition on Air Freight Logistics Vietnam heard in HCM City on September 20.
There are 4,000 Vietnamese businesses operating in the logistics field but most of them are small-scale with weak human resource quality, the Ministry of Industry and Trade (MoIT) reported.
Ho Chi Minh City is making efforts to improve its logistic services to create a driving force for its economy as well as that of the southern key economic region.
With e-commerce and automation changing the landscape of the logistics sector dramatically, there will be a focus on re-skilling the existing workforce in technology, which will improve the competitiveness of the logistics industry.
Vietnamese garment and textile enterprises are losing their competitiveness due to high costs of logistics services for exports, experts have said.
Amid a growing interest in Vietnam from global garment and technology companies, foreign logistics firms are expanding cross-border transport services between Vietnam, China, and other countries in the region to meet the growing demand.
The Vietnam Logistics Business Association (VLA) on April 12 launched the implementation of the Prime Minister’s decision approving an action plan to improve competitiveness and development of logistics services by 2025.
Cutting transportation costs will be vital to enhancing the competitiveness of the logistics industry, the Vietnam Logistics Business Association has said.
Logistics and supply chain management have significantly improved in recent years thanks to the Government’s policies as well as the perception of entrepreneurs, according to the Vietnam Logistics Business Association (VLA).