Announcing 10 Vietnam Logistics events in 2023

1. Start building Logistics Service Development Strategy

Carrying out the tasks assigned by the Prime Minister, the Ministry of Industry and Trade has begun to develop the Strategy for developing Vietnam's logistics services to 2035, with a vision to 2045, to promote the competitiveness of logistics enterprises, develop logistics services, create connections between localities, and contribute to promoting the growth of production, domestic circulation of goods, and import and export.

Building a Logistics Service Development Strategy will be the foundation for building mechanisms and policies to create momentum for logistics development.

2. Vietnam Logistics ranked 43rd according to World Bank assessment

According to the World Bank (WB) report on the Logistics Performance Index (LPI) in 2023, Vietnam ranked 43rd, among the top 5 ASEAN countries. The average annual growth rate of Vietnam's logistics market is 14 - 16%.

Vietnam's logistics market growth rate averages 14-16% annually.

Previously, in the most recent ranking announcement in 2018, Vietnam made a spectacular leap from 64th to 39th place. Thus, after 5 years, Vietnam dropped 4 places, but our country's LPI score increased from 3.27 (in 2018) to 3.3 points (in 2023).

3. Vietnam International Logistics Exhibition was held for the first time

From August 10 to 12, 2023, for the first time in Vietnam, the Vietnam International Logistics Exhibition 2023 (VILOG2023) was held in Ho Chi Minh City. The exhibition was organized by the Vietnam Logistics Business Association (VLA) and Vinexad Company with the active support of the Import-Export Department and the Trade Promotion Agency (Ministry of Industry and Trade). VILOG 2023 Exhibition has 354 booths of 256 enterprises from 22 countries and territories.

Within the framework of the Exhibition, a series of specialized seminars and talks provide opportunities to learn more about the logistics service industry, focusing on pressing issues and trends, from smart technology to customs regulations, import-export competitiveness, cross-border e-commerce, industry human resource training or breakthrough models in agricultural product exports.

4. Commencement and completion of many key projects on transport infrastructure

In recent times, the Ministry of Transport has developed and implemented specialized transport planning for the 2021-2030 period, with a vision to 2050 (including road network planning, railway network planning, master plan for seaport system development, master plan for national airport and seaport system development, inland waterway infrastructure planning) to promote the completion of commercial infrastructure serving traffic, including freight traffic.

Regarding roads, many sections of the North-South expressway have been completed and put into operation. Regarding railways, some more stations have been put into international transit operations such as Kep station (Bac Giang), Song Than station (Binh Duong), and research has been done on Cao Xa international transit station (Hai Duong) to serve connections with China...

Regarding inland waterways, the canal cluster connecting the Day River with the Ninh Co River has been completed and put into operation. Regarding sea routes, many important shipping routes have been dredged. Regarding air routes, the construction of Long Thanh airport and the upgrading and renovation of many other airports such as Con Dao, Dien Bien, etc. have been implemented, contributing to promoting the development of transport infrastructure growth compared to other countries in the region and the world.

5. FIATA Asia-Pacific Regional Conference and AFFA Mid-Year Conference

On July 14, 2023, the Annual Conference of the Asia-Pacific Region of the International Federation of Freight Forwarders Associations (FIATARAP) took place in Da Nang, an important conference in the annual international conference series of the world logistics industry. The conference was attended by 300 logistics enterprises from 50 countries in the Asia-Pacific region.

On this occasion, Prime Minister Pham Minh Chinh received Mr. Ivan Petrov, President of FIATA, who came to Vietnam to attend the Conference. The Prime Minister suggested that the Federation pay attention to strengthening cooperation with Vietnam, supporting the development of the Logistics Services Development Strategy, sharing visions, thinking, policy advice, calling for investment in logistics infrastructure, supporting human resource training, technology, governance, planning, further improving the competitiveness and quality of Vietnam's logistics services towards digital transformation, green transformation, circular economy, increasingly approaching the advanced level of the region and the world.

6. Many localities announce Logistics Service Development Plan

Implementing Resolution No. 163/NQ-CP dated December 16, 2022 of the Government on synchronously promoting key tasks and solutions to improve competitiveness and develop Vietnam's logistics services and promoting the implementation of Decision No. 221/QD-TTg of the Prime Minister, many localities have announced the Plan to develop logistics services in the province and city for the coming period such as Lao Cai, Quang Binh, Da Nang, Gia Lai, Quang Ninh, Ba Ria - Vung Tau, Bac Lieu...

Some localities have proactively developed plans and organized conferences to attract investment to develop logistics services in the area, specifically Ho Chi Minh City, Hanoi, Da Nang, Can Tho, Ba Ria - Vung Tau, Quang Ninh, Hai Phong, Lang Son, Lao Cai, Thanh Hoa, Gia Lai, etc.

7. Promote international cooperation activities in logistics

The Ministry of Industry and Trade has implemented many activities and international cooperation programs, connecting domestic and foreign logistics trade for nearly 125 businesses. These activities have been highly appreciated by many localities and the business community for their usefulness, timeliness and bringing many opportunities for investment cooperation in the logistics sector in the near future.

8. Announcement of Provincial Logistics Competitiveness Index (LCI)

On November 17, 2023, the Vietnam Logistics Services Association (VLA) announced the competitiveness rankings of provinces and cities. Accordingly, Ho Chi Minh City ranked first in the logistics competitiveness rankings, followed by Hai Phong, Binh Duong, Ba Ria - Vung Tau and Hanoi.

Some localities with outstanding characteristics in logistics systems will be evaluated next time, including Vinh Phuc, Quang Ninh, Hung Yen, Thua Thien - Hue, Quang Nam and Khanh Hoa. In addition, there are 5 localities in the expected evaluation list but have not been ranked by the research team because they have not received full survey results from logistics service enterprises (LSPs), namely Lang Son, Thai Nguyen, Nghe An, Thanh Hoa and Thai Binh.

9. Vietnam Logistics Forum 2023

Vietnam Logistics Forum 2023 will be held for three days, December 1-3, 2023, with the theme "Logistics and digital transformation for the Mekong Delta". This is the 11th Forum held with the participation of many delegates from ministries, localities, associations, and enterprises.

In addition to the Plenary Session, the Forum also includes thematic sessions and field survey activities at Tan Cang Cai Cui Port, Can Tho Port, Hanh Nguyen Logistics Center, and Long An International Port. Exchange and connection activities on the sidelines of the Forum help businesses expand relationships and business opportunities.

10. Southeast Logistics Development Linkage Forum

On September 8, 2023, the Forum on Linking Logistics Development as a Driving Force for Economic Growth in the Southeast Region was jointly organized by Business Forum Magazine, Vietnam Logistics Services Association (VLA) and Ba Ria - Vung Tau Department of Industry and Trade.

The forum aims to identify and remove bottlenecks, creating favorable conditions for businesses in the Southeast provinces to learn and connect to effectively exploit investment resources, facilities, and expand service supply networks...

Thereby contributing to realizing the goal of developing the Southeast into a developed region with strong economic potential, modern economic structure; center of science, technology and innovation, high-tech industry, logistics and international financial center.

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