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More outsourcing for more efficiency

(Vietnam Logistics Review) Vietnam economy has had impressive development year-over-year: the GDP growth of 6.91%, the first-six-month growth of 7.08% - the highest 6-month record since 2011. Experts said the result was thanks to positive impacts from both outside and inside factors of the economy. The sectors of industry and exports have remained a driving force. In the first six months of 2018, the national export turn-over estimatedly reach USD 113.93bn- an increase of 16% year-over-year.

The Government also confirmed Vietnam’s good economic growth was thanks to contribution from the logistics sector. Finding logistics outsourcing service help to cut cost and improve competition abilities for manufacturing, import-export enterprises, in the Decision no.200/QĐ-TTg, the Government set the target to 2025: outsourcing rate should reach 50%-60%. And in the Decision 19-2018/NQ-CP, the Government affirmed it is necessary to foster logistics outsourcing.

From impressive figures and his own viewpoint, a Governmental member suggested Vietnam logistics sector, import-exporters, and shippers should foster logistics outsourcing and find it a key assignment in the year of 2018. And with specialized activities, State’s management offices and logistics enterprises should dissect reasons leading to inadequate developments of the sector, analyze potentials and opportunities of development and discuss to find solutions to make logistics business environment in Vietnam more efficient…

The fact Vietnam logistics enterprises have actively taken part in regional and international activities of the sector as Field Meeting - Regional Asia - Pacific, Tilog Logistix, FIATA World Congress… also brings more opportunities of connecting and sharing experience from developed countries and helps Vietnam logistics sector shorten distance in integrating to the global environment.

Industry & export remain to be force of growth

Time 16/08/2018 at 15:47

(Vietnam Logistics Review) There has been a downward trend in quarterly GDP growth. However, economic experts found industry and export have had good developments and remain to be force of economic growth in 2018.

The first AFFA logistics photo contest in Vietnam 2019

Time 19/07/2019 at 14:36

On July 16, The Asean Federation of Freight Forwarders Association (AFFA) in collaboration with Vietnam Logistics Business Association (VLA) and Vietnam Logistics Review (VLR), sponsored by Vietnam Association of Photographic Artists (VAPA) officially launched the "AFFA logistics photo contest 2019" competition in Vietnam for the first time.

Industry 4.0 a "golden" chance?

Time 23/05/2019 at 11:23

PhD. Phan Xuan Dung had an explanation of Industry 4.0: “This is a revolution featured by unification of various technology fields as 3D printing, biotechnology, new- material technology, automatic technology, robot technology, human- machine integration- an industrial revolution that has had no antecedent”.

EVFTA new epoch in Vietnam - EU cooperation

Time 12/07/2019 at 11:04

On June 30th, Vietnam and the European Union (EU) officially signed EVFTA in Hanoi capital. According to the Ministry of Industry Trade, EVFTA has the highest level of commitments in all FTAs that had been signed. The agreement is comprehensive and equal in term of interests for both the EU and Vietnam.

Dong Nai port: 30 years of "Serving and developing"

Time 06/06/2019 at 08:18

In 30 years of operation, Dong Nai Port JSC., (PDN) has contributed in the increase of import-export productivity of the home province and the Southern Key Economic Zone as well. PDN has been confidently accompanying its partners and customers in the journey towards large sea, together building the stronger logistics and port-exploiting sector of Vietnam.

More discussions on solutions to develop sustainable economy

Time 07/05/2019 at 09:18

“There is the other side of thecoin”- although there were achievements recognized by people and the world community in the the time of reforms, there have been many must-dos for “better and more efficient Vietnam’s economy”- as the Deputy Prime Minister Vuong Dinh Hue once said.