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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.

Result of The 1st international logistics photo contest in Vietnam

Time 04/11/2019 at 16:06

Three months after the start, the 1st International Logistics Photo Contest in Vietnam received 1,427 photos from 217 photographers from various countries in the Southeast Asia. After two rounds of scoring, the Board of Judges chose 12 best ones for the awards of the contest.

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”.

The 13th ASEM: Improving Vietnam's customs' stature

Time 11/11/2019 at 13:38

Carrying out its member’s duties in the framework of ASEAN- EUROPE Meeting (ASEM), the General Department of Vietnam Customs successfully hosted the 13th ASEM Customs Directors-General and Commissioners Meeting (13th ASEM Meeting). The meeting took place in 2 days October 9th - 10th in Ha Long City, Quang Ninh.

Can social networks evolve e-commerce?

Time 02/02/2020 at 10:31

2019 is a key year for Vietnam’s e-commercial industry when the competition among companies is gradually focusing on linking activities and increasiang user experiences. Following this trend, the power of social media interaction will play the key role deciding the strategic competition of ecommerce platforms in 2020.

The developments of transport technology

Time 30/01/2020 at 22:17

Hanoi in autumn- Hanoi with blue sky, bright yellow sun light and cool dried winds. The weather naturally makes one a little bright and breezy. Such a weather can be seen only at the end of an autumn and at the beginning of a winter. When one is still young, it is a spur; when one gets old, it brings back memories to think of.

Vietnam’s economy after the global financial “seismic”

Time 28/01/2020 at 09:50

Entering the first decade in the 21st century, Vietnam still belongs to low-income countries group. Besides, due to impacts of the global financial crisis in 2008-2009, our national economy has gone through many ups and downs. However, with internal reorganization, multilateral policies, and diversification in economy, trade and investment, Vietnam has achieved many significant results, strongly promoting economic growth as well as international integration.