Vietnam’s logistics to be among world’s fastest
(VOVWORLD) - Vietnam’s logistics sector will continue to enjoy one of the fastest growth rates in the world, according to a seminar in Hanoi on Tuesday.
 The seminar on developing the logistics service market for Vietnamese businesses is co-organized by the Ministry of Industry and Trade and the Ministry of Science and Technology, April 20, 2021. (Photo: Duc Duy/VNA) |
Vietnam moved up 3 places to 8th on the top 10 countries of the Emerging Markets Logistics Index 2021 by Agility, one of the world leading freight forwarding and contract logistics providers. Widespread COVID-19 vaccinations are expected to boost economic recovery, resulting in growing demand for logistics services.
“Many Vietnamese logistics providers have applied advanced technologies to improve their operation and help customers reduce costs. The success of startups like Abivin, Logivan, and Fast Go, have proved that logistics has great potential and plays a key role in the national economy,” said Deputy Minister of Science and Technology Tran Van Tung.
Vietnam’s logistics grows between 14% and 16% annually.