VN needs better logistics, experts say

Tuesday, May 08, 2018 08:51

Logistics company representatives network at a meeting. Many logistics companies think that Viet Nam should simplify its entry procedures so that it can attract more foreign logistic partners. – VNA/VNS Photo Viet Dung

Viet Nam 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.

At a networking event organised in HCM City yesterday by the Viet Nam Trade Promotion Agency and World Freight Organisation (WFO), a network of international logistic companies, around 44 members from 30 countries of the WFO met with their Vietnamese counterparts to discuss potential collaborations.

Leandro Harari, chairman of WFO, said the Vietnamese economy is becoming more attractive to foreign companies, and HCM City is a great place for logistics development.

Three members of the WFO are from HCM City, he added.

Luis Monteiro of Sunvilog Logistic and Transits said that while the company finds Viet Nam’s logistics market to be good and with a lot of growth potential, acquiring a visa for gaining entry to Viet Nam remains very bureaucratic.

He said that Viet Nam should open up more and make it easier for countries to enter.

Michael Traute of Belgium’s Allround Forwarding & Logistics agreed that Viet Nam has huge growth potential in logistics, as Viet Nam’s exports are on the rise.

However, the country should pay more attention to its infrastructure, especially roads and highways, he said. – VNS

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