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Creating prosperity through strengthening of logistics


Creating prosperity through strengthening of logistics
10:00 | 10/12/2020
Since launching doi moi  over three decades ago, Vietnam has positioned itself as one of the top exporters for many goods, with logistics playing a vital role in the process. However, in recent years, the country’s logistical infrastructure has lost some of its momentum, threatening to reduce the nation’s competitiveness on the global stage despite new free trade agreements.
Logistics firms are concerned over seaport surcharges and other factors that increase costs, photo Dung Minh
After the boom in e-commerce and e-logistics in 2019, Vietnam’s logistics industry has been losing momentum rapidly, with the total volume of freight in the first 10 months of 2020 standing at only 1.43 billion tonnes of cargo, down 7.5 per cent compared to the same period in 2019, according to the General Department of Vietnamese Customs. ....

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