Vietnam’s logistics sector attracts abundant investment from foreign firms
Many logistics projects in the country have received additional investment capital since the beginning of this year
Many logistics projects in the country have received additional investment capital since the beginning of this year
Authorities in provinces and cities have not given vaccination priority to transport and logistics staff
Logistics costs in Vietnam are more expensive than other countries in the region
The Cai Mep Ha Logistics Center will accommodate large container vessels and, as a result, boost domestic sea freight services
Vietnam ranks 93rd in customs clearance speed, way behind its Southeast Asian neighbors including Thailand, Singapore and Malaysia
In Vietnam, transporting a product can be costlier than producing it
About 80 percent of goods in the Mekong Delta are transported by land to seaports in Ho Chi Minh City and other southern provinces
The participation of the private sector in Vietnam’s freight logistics will help the Southeast Asian country maintain strong growth, according to a recently released report by the World Bank
Most businesses in the 18-million-strong Mekong Delta have to send their goods to Ho Chi Minh City and Ba Ria - Vung Tau Province ports for export, leaving 15 ports in the region operating at 20-50 percent of their annual capacity
As Vietnamese logistics firms may face harsher competition when the local economy integrates further into the global, they have to ‘refresh’ themselves to stand firm in the future fight against international rivals which often have the upper hand