A view of Hai Phong Port in Hai Phong City. — VNA/VNS Photo

The “Policy Dialogue Meeting on the Distribution and Logistics Industry between Viet Nam and the Republic of Korea” (RoK) was held via videoconference last Friday by the Ministry of Industry and Trade (MoIT) and the RoK’s Ministry of Trade, Industry and Energy (MOTIE).

Tran Duy Dong, head of the MoIT’s Domestic Market Department, said the dialogue had been organised biennially by the two sides since 2013.

According to Dong, Viet Nam's distribution and logistics sector has developed rapidly in recent years, but its legal framework still needs to catch up with the sector’s pace of development.

During the talks, the two sides discussed the RoK’s policies, laws, and management experience to identify measures to help Viet Nam management agencies complete the legal framework, encourage the engagement of both domestic and foreign investors, help promote the development of the distribution sector in a civilised and modern manner, and ensure the harmony of interests between large-scale retail groups and small and medium-sized enterprises (SMEs) in Viet Nam and between traditional and modern retail channels.

The two sides also exchanged views on how to introduce the “Korea Product Scan (KPS)” app to Vietnamese consumers and importers, the current situation and development policies of outlets in the RoK, criteria to classify logistics centres in the RoK, and its regulations and policies on the development of logistics centres.

The Vietnamese side also shared the current situation of Viet Nam's distribution and logistics sector and its development orientations for the future.

To develop the sector in a civilised, modern, and sustainable manner, it would be important to increase the role of e-commerce and pay due regard to soft infrastructure, particularly the training of human resources in the sector, the videoconference was told. — VNS