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Vietnam’s logistics industry shows significant progress

Vietnam’s logistics industry shows significant progress


After two years of implementing the Prime Minister’s Decision 200/QĐ-TTg on the action plan for improving the competitiveness and development of Vietnam’s logistics by 2025, the logistics industry in general and the capacity of logistics enterprises have made significant progress.

According to the Vietnam Association of Logistics Service Enterprises (VLA), along with the GDP growth rate, industrial production value, export and import turnover or value of retail sales and consumer services, Vietnams’ logistics service has reached a relatively high growth rate over recent time, rising from 12 to 14 per cent.

In addition, logistics infrastructure has also been improved over the past two years. The number of logistics centres, distribution centres, dry ports and bonded warehouses are increasing and they are also being upgraded technically. Many logistics centres have applied information technology in goods management, tracking and origin tracing. Some centres are even fully automated. On the other hand, the number of schools, institutes and foundations participating in logistics training is increasing, the training programmes have been upgraded towards professionalism, in line with reality, meanwhile teaching staff has increased in number and improved in level.