The Ministry of Industry and Trade, in coordination with the People's Committee of Ba Ria - Vung Tau province, organized this morning the Vietnam Logistics Forum 2024 with the theme "Free Trade Zone - Breakthrough Solution to Promote Logistics Growth". Prime Minister Pham Minh Chinh attended and directed the forum. Also attending were leaders of central ministries, departments, and branches, leaders of provinces and cities, and more than 200 delegates from international organizations, associations, and enterprises.
Source: https://vimc.co/thu-tuong-neu-3-muc-tieu-7-dot-pha-phat-trien-nganh-logistics/
Minister of Industry and Trade Nguyen Hong Dien delivered the opening speech at the forum.
In his opening speech, Minister of Industry and Trade Nguyen Hong Dien said that logistics is a service industry that is considered the "blood vessels" of the economy, playing an important role in connecting and supporting businesses and production facilities to reduce costs, reduce product prices, improve competitiveness, and promote socio-economic development. As a country located in a dynamically developing region of the world, where the flow of goods is concentrated and strongly exchanged and the economy has a large openness, with 17 free trade agreements signed and implemented with nearly 70 countries and territories, Vietnam is considered a market with great potential and conditions for the development of logistics services. "Our country's logistics service industry has developed rapidly, increasing by an average of 14-16% per year, gradually affirming its brand and position in the region and the world," Minister Dien acknowledged. However, in addition to the achieved results, the logistics service industry has not developed commensurate with the country's potential and advantages. High logistics costs, low competitiveness, and shortage of human resources are major bottlenecks that are hindering development.
Prime Minister Pham Minh Chinh highly appreciated the organization of the Forum with a strong spirit of innovation.
At the plenary session, delegates focused on discussing the development of Vietnam's logistics, potential, strengths; mechanisms, policies, and orientations for logistics development. Many delegates made presentations proposing orientations for Vietnam's logistics development to reach out into the new era; proposing to promote the formation of free trade zones, international transit ports, building a fleet of container ships, a fleet of specialized cargo aircraft, promoting international cooperation... 3 goals, 7 breakthroughs in logistics development Speaking at the direction, Prime Minister Pham Minh Chinh said that in recent times, there have been many investments, upgrades, and breakthroughs in transport infrastructure, contributing to reducing costs, increasing the competitiveness of Vietnamese goods, and promoting the development of the logistics industry. However, it is necessary to have a more complete understanding of the logistics industry such as high costs; low scale compared to the economy and the world, limited management work... "The important formula is that we need to be creative to fly high, innovate to reach far, integrate and link to develop. All have important relationships to develop the logistics market, that is the world trend, a developed country must have logistics", the Prime Minister acknowledged. To remove the bottlenecks in the logistics industry, Prime Minister Pham Minh Chinh proposed 3 goals and 7 specific solutions, which are the goal of reducing logistics costs from 18% to 15%; increasing the scale of logistics in the country's GDP from 10% to 15%, striving for 20%. Increasing the scale of the logistics service industry in the total scale of the world from 0.4% to 0.5%, striving for 0.6%; growth rate from 14% to 15%, increasing to 20%.
Prime Minister Pham Minh Chinh and delegates perform the ceremony to announce the Vietnam Logistics Report 2024
To achieve the above three tasks, contributing to the country's double-digit growth, towards the era of rising to wealth and prosperity, the Prime Minister requested ministries, branches and localities to raise awareness and the role of logistics in the country's economic development, identify the role and position of Vietnam as the center of the Pacific region to exploit the maximum potential and opportunities. Along with that, the institution must be open to reduce costs and administrative procedures for people and businesses. Build a smooth logistics infrastructure, reduce input costs, increase competitiveness. Develop aviation and high-speed railways. In addition, it is necessary to build smart governance, train high-speed human resources; promote logistics diplomacy and domestic modernization; build and develop a free trade nation; closely connect between modes of transport, connect free trade zones in the world, connect with the international transport system. The Prime Minister also noted that Ba Ria - Vung Tau has many advantages in terms of seaports, so it is necessary to proactively connect to take the lead in developing the logistics industry in the coming time.Vietnamnet
![[Photo] Prime Minister Pham Minh Chinh chairs Government Conference with localities on economic growth](https://vstatic.vietnam.vn/vietnam/resource/IMAGE/2025/2/21/f34583484f2643a2a2b72168a0d64baa)
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