The COVID-19 health crisis and resulting wide-ranging and deeply-felt economic upheaval has flipped the logistics industry on its head, leaving ill-protected freight firms in dire need of emergency State support to survive hardships.
Vietnamese logistics firms, especially small- and medium-sized ones, need to get up to speed on digital transformation to enhance their competitiveness if they want to penetrate global markets after the pandemic.
Red tape must be removed for domestic logistics firms to develop and compete in a market which had great potential, driven by a boom in international trade, but was now dominated by foreign rivals, attendees were told at a conference...
Vietnamese logistics firms must work to improve their competitiveness, said Minister of Industry and Trade Tran Tuan Anh at the Viet Nam Logistics Forum 2017 in Ha Noi on Friday.
Reducing logistics costs is important to enhance further integration
into global value chains and increase Viet Nam''s competitiveness,
speakers said at a forum held on Thursday in HCM City.