Forty-five provinces and cities issue logistics service development plans

Forty-five provinces and centrally-run cities have issued logistics service development plans up to this point, while 47 provinces and cities have reported on the implementation of logistics activities over the last year.

Forty-five provinces and cities issue logistics service development plans hinh anh 1

Loading and unloading containers at Chu Lai Port. (Photo courtesy of THACO)

Forty-five provinces and centrally-run cities have issued logistics service development plans up to this point, while 47 provinces and cities have reported on the implementation of logistics activities over the last year.

Nine provinces and cities have held conferences to promote investment and develop provincial logistics services, and five provinces and cities have organised logistics knowledge training for local officials.

The Agency of Foreign Trade (AFT) under the Ministry of Industry and Trade (MoIT) held a meeting with municipal and provincial departments of industry and trade concerning State management of the logistics sector in Hanoi last week.

Speaking at the opening of the meeting, AFT Director Nguyen Anh Son said that with a special geopolitical location in a dynamic development area of the world, along with increasingly deep integration with the global economy, Vietnam's growth rate of import-export and e-commerce was always in the double digits.

Vietnam was becoming an attractive destination for logistics activities in the Asia-Pacific region, added Son.

The World Bank’s report published last year showed that Vietnam ranked 43rd in the logistics efficiency index ranking, in the top five of ASEAN after Singapore, Malaysia and Thailand, and the same position as the Philippines.

Along with that, the average annual growth rate of Vietnam's logistics was from 14 – 16%, making an important contribution in bringing Vietnam's total export and import turnover to 638 billion USD last year.

Vietnam’s logistics services not only contributed significantly to the country's economic development but also played an important role in creating an effective transportation network, connecting domestic trade with international markets, he said.

Sharing at the meeting, Vu Bich Hao, Deputy Director of the Department of Industry and Trade of Ba Ria - Vung Tau province, emphasised that logistics services in the province were quite perse, including transportation, warehousing and other support services.

The province currently has a total of more than 300 businesses providing goods transportation services and logistics warehousing services, according to the official.

Regarding seaport logistics infrastructure, Ba Ria - Vung Tau has 69 planned ports. Of which, there are 50 projects in operation with a total wharf length of 17,735 metres and a total design capacity of 180 million tonnes per year; and eight container ports with capacity of 8.3 million TEUs per year.

Cai Mep – Thi Vai Port cluster is the main port cluster of Ba Ria - Vung Tau seaport. There are currently 24 projects in operation with wharf length of 10,988 metres and total design capacity of 155 million tonnes per year.

It had the potential to be an important gateway not only for Vietnam but also for Southeast Asia, said Hao.

To improve competitiveness and develop the logistics industry, she proposed the MoIT continue to improve policies and laws on logistics services; especially detailed guidance on State management in the field of logistics to serve as a legal basis for localities to deploy and implement./.

Source: VNA
en.vietnamplus.vn

Related News

Latest News

Businesses call for stricter management of durian industry

Businesses call for stricter management of durian industry

Amid a boom in durian exports, businesses are calling for strict management mechanisms in the industry to help growers develop sustainably.
Furniture fair seeks to help firms link up with new international buyers

Furniture fair seeks to help firms link up with new international buyers

The second Vietnam ASEAN International Furniture & Home Accessories Fair to be held in HCM City from August 27 to 30 will provide a platform for Southeast Asian manufacturers to display their best products and connect with global buyers.
Top 50 public companies ranking released

Top 50 public companies ranking released

Vietnam Report JSC has announced its 2024 list of the top 50 most prestigious public companies (VIX50), with some significant changes.
Criteria for assessing FDI announced

Criteria for assessing FDI announced

Criteria for appraising and assessing the quality of FDI projects at the provincial level were announced at a conference on Thursday in Hà Nội.

More News

Export enterprises are willing to spend more on "green practices" for responding to the market

Export enterprises are willing to spend more on "green practices" for responding to the market

VCN - Export enterprises spend the most to invest in greening activities toward target markets in developed countries, where environmental standards are higher and consumers are more aware of the environmental issue.
Over 36% of Vietnam’s import turnover comes from China

Over 36% of Vietnam’s import turnover comes from China

VCN - China has shown its dominance over other countries and territories from which Vietnam imports goods.
Export product bounce back results in needs to remove raw material bottlenecks

Export product bounce back results in needs to remove raw material bottlenecks

VCN - Seafood exports in the first 4 months of 2024, reached 2.7 billion USD, up 6% over the same period in 2023. Many key export products such as shrimp and pangasiusreveals good signs.
VN too heavily dependent on FDI, must improve industrial ecosystem

VN too heavily dependent on FDI, must improve industrial ecosystem

Việt Nam has been overly reliant on FDI businesses and the country needs to pivot towards a comprehensive industrial ecosystem to support the development of domestic industries, said industry leaders and policymakers.
Over 12,000 OCOP products rated at least three stars nationwide

Over 12,000 OCOP products rated at least three stars nationwide

As many as 12,075 products under the One Commune - One Product (OCOP) programme across Vietnam have been rated three stars or higher, according to the Central Coordination Office for New-style Rural Area Development.
Vietnam’s timber, wood product exports post positive growth in the first five months

Vietnam’s timber, wood product exports post positive growth in the first five months

The export value of timber and wood products in Vietnam is estimated to reach over 6 billion USD in the first five months of this year, an increase of 18% over the same period last year, according to General Department of Vietnam Customs.
Ensuring balance of capital sources and deposit interest rates amidst rising credit trend

Ensuring balance of capital sources and deposit interest rates amidst rising credit trend

VCN - Since early May, many banks have continued to increase deposit interest rates to ensure a balance of capital sources in the context of a rapid increase in credit.
Ensuring quality for sustainable growth of durian exports

Ensuring quality for sustainable growth of durian exports

VCN - Quality is a prerequisite to ensure sustainability for durian exports. Accordingly, the Ministry of Agriculture and Rural Development issued many synchronous solutions from technical processes to sanctions to ensure productivity and quality of exported durian fruit, as well as meet the requirements of the importing country.
Vietnam imports over 3 billion USD worth of mobile phones, components in Q1

Vietnam imports over 3 billion USD worth of mobile phones, components in Q1

Vietnam's import of mobile phones and components reached over 3 billion USD during the first quarter of 2024, according to data from the General Department of Vietnam Customs.
Read More

Your care

Latest Most read
Businesses call for stricter management of durian industry

Businesses call for stricter management of durian industry

Amid a boom in durian exports, businesses are calling for strict management mechanisms in the industry to help growers develop sustainably.
Furniture fair seeks to help firms link up with new international buyers

Furniture fair seeks to help firms link up with new international buyers

The second Vietnam ASEAN International Furniture & Home Accessories Fair to be held in HCM City from August 27 to 30 will provide a platform for Southeast Asian manufacturers to display their best products and connect with global buyers.
Top 50 public companies ranking released

Top 50 public companies ranking released

Vietnam Report JSC has announced its 2024 list of the top 50 most prestigious public companies (VIX50), with some significant changes.
Criteria for assessing FDI announced

Criteria for assessing FDI announced

Criteria for appraising and assessing the quality of FDI projects at the provincial level were announced at a conference on Thursday in Hà Nội.
Export enterprises are willing to spend more on "green practices" for responding to the market

Export enterprises are willing to spend more on "green practices" for responding to the market

VCN - On average, export enterprises spend 1.4% of total operating costs implementing green practices compared to 1% or less for non-exporting ones.
Mobile Version