Hanoi (VNA) - The World Bank andVietnam’s Ministry of Transport have launched the Vietnam Logistics StatisticalSystem Project.
Designed to establish a national system forcollecting, processing and publishing transport and trade logistics statistics annually,the project is part of the World Bank’s support to the Vietnamese Government’sintegrated programme for trade facilitation and logistics development.
“Developing a robust logistics data systemis crucial for designing and implementing effective policies to enhanceVietnam’s logistics performance and competitiveness,” said Sebastian Eckardt,Lead Economist for the World Bank in Vietnam.
Financed by the multi-donor Trust Fund forStatistical Capacity Building and managed by the World Bank, the project alsoprovides support for project implementation, through a partnership between theWorld Bank, the International Transport Forum, the Organisation for EconomicCooperation and Development and the Australia-World Bank Partnership Programme.
In 2016, Vietnam ranked 64th out of 160countries in the World Bank’s Logistics Performance Index and fourth in ASEANafter Singapore, Thailand and Malaysia.
Vietnamese firms mainly provide domesticlogistics services such as transport service, airport, seaport and warehouseservices and cargo loading and unloading services.
Few firms provide international logisticsservices through acting as agents for foreign enterprises.-VNA
Minister of Industry and Trade Tran Tuan Anh has stressed the need for logistics firms to intensify connectivity and expand financial scales in order to further develop the sector.
Vietnam’s location with a network of cargo ports, alongside a large domestic market, leaves room for both domestic and foreign logistics firms to expand business and enter logistics M&A deals.
Vietnam needs to simplify its visa applications and procedures for foreign companies to enter the country so the logistics industry can attract more foreign business partners, representatives of logistics companies have said.
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On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Illustrative image (Source: VNA) 
