Transport Minister Dinh La Thang (M) and the other officials pressed the button to officially link the Vinatrucking transport trading floor to the internet. — Photo hanoimoi.vn

HA NOI (Biz Hub) — The transport ministry launched Vinatrucking transport trading floor, the first of its kind in Viet Nam, at a ceremony held in Ha Noi on December 3.

Vinatrucking is an e-commerce trading floor on which transport companies, logistics service providers and commodities owners can post information about services and commodities that need to be transported.

To utilise the floor, commodities owners and service providers have to register online at sanvantaiviet.vn or www.vinatrucking.vn.

Speaking at the launching ceremony, Transport Minister Dinh La Thang said the industry was being restructured towards reducing costs and increasing safety.

Therefore, the launch of the trading floor was significant as it would help reduce transportation costs and prevent overloaded transporting, he said.

Vinatrucking is an e-commerce trading floor on which transport companies, logistics service providers and commodities owners can post information about services and commodities that need to be transported. — File Photo

Deputy General Director of the Viet Nam Road Administration Nguyen Van Quyen said the floor was expected to help transport companies increase their capacity in both directions, which reduced the chances of the vehicles running empty on their return journey.

Quyen said it would become easier for state agencies to manage and collect data about commodities. Thus, transport companies registering with the floor will show their transport capacity, data on commodities and details about the fee to ensure transparency and fairness.

Minister Thang said the Viet Nam Road Administration needed to closely coordinate with relevant agencies to work on a necessary legal framework for controlling and developing the new transportation trading floor to reduce unhealthy competition. — VNS