Vietnam’s logistics industry has yet to have its potential fully tapped, and the country needs timely solutions to meet the surging demand for logistics infrastructure.

HCM City has just approved and issued a project to develop the logistics industry in the city until 2025, with a vision to 2030 to develop logistics to become a key service industry of the city,

The seaport and logistics industry was forecast to grow significantly on the prospect of global trade recovery in 2021 when the vaccine to prevent COVID-19 is administered worldwide.

Port fees in Vietnam are by far lower than regional countries, which causes the country to lose $1 billion a year from revenue sources.

As the pandemic brings opportunities to the e-commerce sector, the local logistics industry also has a chance to grow.

The upcoming implementation of the EU-Vietnam Free Trade Agreement and the accompanying Investment Protection Agreement is driving transformation of Vietnam’s logistics industry.

The European Union-Vietnam Free Trade Agreement (EVFTA) will boost the demand for logistics services and significantly impact on Vietnam's logistics industry, said a trade official.

Japanese and South Korean are running a race to pour capital into Vietnam’s logistics industry.

 VietNamNet Bridge – Logistics, considered a industry with huge contributions to the development of the economy, has not lived up to its potentials due to human resources shortage.

VietNamNet Bridge - A Ministry of Planning and Investment (MPI) report has found that most domestic logistics firms are small or very small with limited financial capability. 

High tolls in Vietnam are contributing to one of the highest logistics costs in the world. 

VietNamNet Bridge – The logistics services market in Vietnam is on a growth trajectory owing to rapid globalization and the approval for 100% owned foreign companies to enter the market,

 VietNamNet Bridge – Thousands of logistics entrepreneurs are struggling with a serious shortage of employees since a rapid increase of services demands, the Viet Nam Logistics Institute (VNLI) has said.

While international delivery firms have many years of experience and good infrastructure, domestic firms have made heavy investment in the field only over the last five years.

VietNamNet Bridge – Vietnam, which expects the export turnover increase by three folds by 2020, is now calling for investments in the logistics industry in order to improve its competitiveness.

The Ministry of Transport has raised the existing fees and set new kinds of fees, heaping logistics enterprises with big difficulties.