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- Volume of Freight carried by Road is expected to increase as major manufacturing industries shifting towards Vietnam
- Entry of international road freight players into the Vietnamese market is expected to drive the demand further with the introduction of technological advanced fleet in the country
- The growth in internet retail market is propelling the logistics market at present and same trend is projected to be monitored over the next couple of years
GURUGRAM, India, April 21, 2021 /PRNewswire/
Vietnam s Elevating Economy: Vietnam s growing economy is supporting the Road Freight industry in Vietnam. The Government of Vietnam has allowed 100% FDI (Foreign Direct Investment) in its Logistics sector. Along with it, Vietnam has been increasing the no. of free trade agreements with ASEAN countries like Cambodia, Laos, China, and Singapore among others. The development of infrastructure has been a major driver for the Vietnam s road freight transport market. Vietnam s b