logistics market

Illustrative image (Source: SGGP)

Renovation needed for logistics industry to thrive: insiders

The Vietnamese logistics sector is eyeing the urgent need for renovation, overall solutions and vision as well as new development orientations to catch up with the global trend, creating a breakthrough for the country’s socio-economic recovery and development, according to experts.
A container is loaded at a PetroVietnam Technical Services Corporation port (Photo: VNA)

EVFTA to boost logistics industry development

The European Union-Vietnam Free Trade Agreement (EVFTA) will boost the demand for logistics services and significantly impact on Vietnam's logistics industry, said a trade official.
Illustrative image (Source: https://congthuong.vn)

Logistics market sees wave of investment from Japan, RoK

 The logistics market has become more vibrant in recent times with large merger and acquisition (M&A) deals between Vietnamese businesses and foreign investors who have strong financial and technological potential, especially those from Japan and the Republic of Korea.
Cat Lai seaport in HCMC

Vietnamese logistics cost high, uncompetitive

The weakness of Vietnamese logistics firms is high and uncompetitive costs, some services’ quality is not high while there is a severe competitiveness in the logistics market, according to Vietnam Logistics Association (VLA).
ASEAN logistics sectors told to collaborate

ASEAN logistics sectors told to collaborate

As trade and commerce is expected to increase between Southeast Asian countries and between them and the world, there will be more opportunities for logistics services providers in the region to connect with each other to take goods to the consumers and to increase their efficiency, according to Thailand’s Department of International Trade Promotion.
Vietnamese goods fair ends on high note in Cambodia

Vietnamese goods fair ends on high note in Cambodia

The five-day Trade Fair of High-Quality Vietnamese Goods and Exports, which took place in Phnom Penh, Cambodia, wrapped up April 7 with total sales amounting to US$3.3 million, up 6 percent from last year’s fair.
Viet Nam’s Logistics Industry amid Big Opportunities

Viet Nam’s Logistics Industry amid Big Opportunities

Curently 25 globally leading logistics companies are in operation in Viet Nam. A fierce competition between foreign and Vietnamese companies can be foreseen in the logistics industry. Viet Nam’s geographical position is very advantageous for developing logistics centers, and it has recently put the term “logistics”  in its amendment to the Commercial Law. Has Viet Nam been well-prepared for a pending fierce competition?