In 2024, Vietnam has become the third-largest supplier of goods to the Lao market, after Thailand and China

In 2024, the port industry in Ba Ria-Vung Tau province marked a milestone with total goods throughput at its seaports surpassing 138.2 million tonnes, a 23% increase of the yearly plan, and container cargo volume reaching 10.8 million TEUs, up 34% from the previous year.

Vietnam has significant opportunities to deepen its integration into the global logistics supply chain, particularly with its extensive transportation network spanning regions across the country.

Vietnamese manufacturing business sentiment is set to rise in the third quarter on the back of the country’s unexpectedly higher economic growth in the second quarter and an optimistic outlook for the year.

Binh Duong is well-positioned to develop logistics services in the Southeast region, thanks to its railways, seaports, and interregional road network. It consistently ranks among the top provinces for foreign investment attraction. With a strong industrial base, Binh Duong aims to develop logistics services as a foundation for foreign investment, regional connectivity, and international economic integration, becoming a logistics hub for the Southern key economic zone.

Logistics costs have been a headache to the Vietnamese agricultural sector as they account for a lion share in the price of agricultural products.

The transportation sector is speeding up restructuring in the direction of road transport and increasing environmentally friendly maritime, inland waterway and rail transport.

Logistics services are driving up added values of the domestic agriculture sector which has been developing quickly over the past years with an annual growth rate of 14-16%.

The central city of Da Nang targets to become an attractive logistics centre of the central key economic region by 2030, and the key gateway of the East-West Economic Corridor and an important link of the Asia-Pacific transport corridor by 2050.

The Ministry of Transport (MoT) has requested more investment be prioritised for air and rail transport to the Central Highlands to ease pressure on road transport.

The Red River Delta is expected to retain its position as the nation’s economic locomotive and largest growth engine.

The rapid growth in e-commerce is driving an unprecedented increase in demand for logistics services, including express delivery services, according to industry insiders.

Vietnam plans to construct five first-class fishing ports for fishery hubs across the country in the 2021-2030 period, according to a plan drafted by the Ministry of Agriculture and Rural Development.

Vietnam’s geography gives it a logistical advantage in boosting production, export and logistics services. This year, the Government has set targets of tapping its full potential.

Prime Minister Pham Minh Chinh has underlined that Khanh Hoa should turn its Truong Sa island district into an economic, culture and social centre at sea, and a firm wall protecting the national sovereignty over seas and islands on the foundation of Vietnamese and international law, including the UN Convention on the Law of the Sea (UNCLOS) 1982.

Prime Minister Pham Minh Chinh has suggested the southern province of Ba Ria-Vung Tau focus on developing logistics services, infrastructure; national, regional and global transport connectivity, green and hi-tech industry and agriculture, culture and tourism.

The Logistics Forum Vietnam 2021 will take place on December 14, focusing on logistics human resources development.

Hanoi plans to turn Long Bien inland container depot (ICD) into a modern logistics centre with a complete chain to meet the increasing demand for logistics services.

The Vietnam Maritime Corporation aims to become a major enterprise in the region and have its competitiveness comparable to international rivals by 2030.

Vietnam is planning to raise the contribution of logistics services to its gross domestic product (GDP) to 5-6 percent by 2025, according to a recent decision signed by the Prime Minister.