Vietnam’s logistics sector is growing rapidly but faces high costs, fragmented infrastructure, and weak business linkages. This article highlights challenges and solutions.
Potential and Role of Logistics
Logistics plays a crucial role in connecting supply chains and promoting trade. With a growth rate of 14–16% and 4–5% contribution to GDP, Vietnam is among the leading performers in ASEAN.
Strategic geographical location and multiple free trade agreements create strong development momentum.
Key Bottlenecks Hindering Growth
- Logistics costs account for 16–17% of GDP.
- Transport, port and IT infrastructure remain fragmented.
- Small company scale and limited investment capacity.
- Weak linkages across the supply chain.
- Low adoption of digital transformation.
Strategic Solutions
- Strengthen partnerships and ecosystem collaboration.
- Utilize 3PL services when internal capacity is limited.
- Deploy digital transformation based on clear objectives.
- Improve policy frameworks and upgrade logistics infrastructure.
- Develop a high-quality logistics workforce.
- Enhance connectivity with manufacturing and trade activities.
Development Outlook
Once bottlenecks are addressed:
- National competitiveness will improve.
- Exports and international trade will accelerate.
- Foreign investment will be attracted.
- Supply chain value will be enhanced while costs are reduced.
Conclusion
Addressing cost, infrastructure, technology and linkage challenges will unlock major growth potential in Vietnam’s logistics sector.
Source: Vietnam Logistics
Need solutions for import-export, international transport, customs, and logistics? VNFT Logistics delivers fast, accurate, and cost-efficient services, ensuring your goods arrive on time – at the right place – as promised.
🚢 Ocean Freight | ✈️ Air Freight | 📑 Customs Brokerage | 🚚 Domestic Transport | 🏢 Warehousing | 🌎 Global Solutions
📞 Hotline: +84 938 690 680
📧 Email: bod@vnftgroup.com
📍 Address: 3rd Floor, DMA Building, 45 Dinh Tien Hoang, Saigon Ward, Ho Chi Minh City, Vietnam
✨ VNFT Logistics – Not just transportation, but creating value for Vietnamese brands on the global stage. ✨
#VNFTLogistics #importexport #customs #logistics #globalfreight #VietnamBrand
Thanks for putting in the effort to write this.