Việt Nam aims to rank among the top 40 in the world by the logistics performance index (LPI). It wants to have around 80 per cent of domestic logistics companies using digital transformation solutions and half of vehicles used in the...
Viet Nam''s logistics industry grew by around 14 to 16 per cent annually in recent years. It is comprised of about 3,000 domestic firms and 30 transnational heavyweights, including DHL, FedEx, and APL Logistics.
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.
The EU-Viet Nam Free Trade Agreement (EVFTA) will boost the demand for logistics services and significantly impact on the Viet Nam''s logistics industry.