Plan aims to raise Vietnam’s position in global logistics rankings
The Ministry of Industry and Trade (MoIT) is aiming to raise Vietnam’s ranking in the World Bank’s Logistics Performance Index (LPI) by five to 10 places by 2025.
Containers are loaded at Da Nang Port in Da Nang city (Photo: VNA)
Hanoi (VNA) – The Ministry of Industry and Trade(MoIT) is aiming to raise Vietnam’s ranking in the World Bank’s LogisticsPerformance Index (LPI) by five to 10 places by 2025.
In 2018, Vietnam stood at 39th position in theglobal LPI rankings.
The target was set in the MoIT’s recently-issuedplan for improving Vietnam’s logistics performance, part of efforts to realise theGovernment’s Resolution No.02/NQ-CP on the continued implementation ofsolutions to improve the business climate and national competitiveness in 2019.
The plan set up 49 tasks associated withsub-indexes of the LPI for ministries, sectors, and localities. Task groupsinclude those on upgrading infrastructure, improving the distribution capacity,promoting the competence and quality of logistics services, maximising theability to track and trace consignments, reducing performance times and costs,and enhancing the efficiency of customs clearance.
The MoIT’s Department of Import-Exports isassigned to coordinate the implementation of this plan. –VNA
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Containers are loaded at Da Nang Port in Da Nang city (Photo: VNA) 
