Import-Export Department said demand for logistics services will increase sharply in the coming time ...
The Import-Export Department (Ministry of Industry and Trade) has issued views on the Decision No. 200 that Prime Minister Nguyen Xuan Phuc just approved is a new breakthrough in the field of logistics in Vietnam.
"Breakthrough in Logistics"
Decision 200 approved the Action Plan to improve competitiveness and development of logistics services in Vietnam by 2025, the contribution of logistics services to GDP will be 8-10%, the growth rate of service The rate is 15-20%; Attracting investment in infrastructure development aims at building regional and international logistics centers, making Vietnam a regional logistics hub; Establishment of large-scale logistics services enterprises.
"This is a new breakthrough for Vietnam's logistics sector, which is receiving great attention from state management agencies and the business community. Action plan is expected to bring new wind for the development of logistics services in Vietnam in the coming time, "said the document.
Logistics Service plays an important role in the national economy, which is the sector identified by the Resolution of the 12th Party Congress in key sectors of national development in 2016-2020.
The issuance of the Decision approving the Government's Action Plan on Competitiveness and the Development of Logistics Services at this time is urgently needed.
"A practical, targeted and rigorous program of action will not only improve the competitiveness of Vietnam logistics services in the future, but will also help the logistics industry to grow steadily. Be firm, minimize negative influences from unwanted incidents and respond quickly to supply chain problems.
Bringing Vietnam to become a destination not only attractive with competitive labor costs or a large market but also a place with favorable trade activities, "the Import-Export Department assessed this is an important step, The foundation for the State and enterprises to jointly carry out major tasks, creating momentum for the logistics industry to develop in the future.
Welcoming the surge in logistics in the coming time
According to the WTO commitments, since 2014, most logistics services will remove barriers for foreign firms to enter the market with a capital of 100%.
Liberalization in the field of logistics at the request of the WTO is also an opportunity when Vietnamese enterprises can receive experience in managing the global logistics network but also challenges when domestic enterprises need to improve. Competitive strengths through improved service quality, expanded network, and in-depth resource development to be able to compete in a foreign way to invest in Vietnam.
Vietnam's export and import department said that Vietnam is in the process of opening up the market and fierce competition is the highlight of its deep integration. The accession to a series of new free-trade areas such as AEC, FTA with Japan, South Korea or the Customs Union, FTA with EU countries ... is a chance for logistic to reach the Games. It's new, but it also raises innovations to compete.
According to the World Bank (WB), Vietnam ranks 64th out of 160 countries and ranks 4th in ASEAN after Singapore, Malaysia and Thailand for logistics development. With an annual growth rate of 16 to 20%, this is one of the most growth sectors in Vietnam in recent years.
"In the coming years, the demand for high-quality, global, global logistics services will be increasing. Countries in the region, such as Japan, South Korea, Malaysia, Indonesia and Thailand have developed Logistics Development Plans and established agencies to help the Government develop logistics services, "the Import- Or.
For example, Thailand, which aims to become the logistics service center of Indochina, has developed a series of action plans to realize that plan.
However, according to the Import-Export Department, the competitiveness of Vietnam's logistics service providers is low, high cost, uneven infrastructure, lack of human resources. In general, Vietnam is still low and decreasing in rank compared to the world.
Theo Bach Duong
VnEconomy