Despite its potential for development, Vietnam’s logistics system continues to face persistent challenges that require immediate resolution. During a seminar on improving value chains of exported farm produce and boosting their integration with the logistics system on June 23, major exporters, especially those in the agricultural sector, expressed concerns over high logistics expenses. In reality, transportation fees from Thailand to international markets, ranging from US$1,000 to US$1,200 per ton, are significantly lower than those in Vietnam. This significant cost disparity hampers the competitiveness of Vietnamese products, which are often perceived as lower in terms of design, quality, and brand promotion. It is worth noting that this issue was already raised six years ago. In 2017, statistics from the Vietnam Logistics Business Association showed that logistics costs for agriculture in Vietnam were 6% higher than in Thailand, 12% higher than in Malaysia, and a staggering 300% higher than in Singapore. According to a report published by global logistics provider Agility in 2022, logistics costs in Vietnam accounted for approximately 20% of GDP, double the figures observed in developed countries. The high logistics costs have made the Vietnamese economy less competitive, necessitating prompt action to address and resolve these obstacles. However, it […]
Despite its potential for development, Vietnam’s logistics system continues to face persistent challenges that require immediate resolution. During a seminar on improving value chains of exported farm produce and boosting their integration with the logistics system on June 23, major exporters, especially those in the agricultural sector, expressed concerns over high logistics expenses. In reality, transportation fees from Thailand to international markets, ranging from US$1,000 to US$1,200 per ton, are significantly lower than those in Vietnam. This significant cost disparity hampers the competitiveness of Vietnamese products, which are often perceived as lower in terms of design, quality, and brand promotion. It is worth noting that this issue was already raised six years ago. In 2017, statistics from the Vietnam Logistics Business Association showed that logistics costs for agriculture in Vietnam were 6% higher than in Thailand, 12% higher than in Malaysia, and a staggering 300% higher than in Singapore. According to a report published by global logistics provider Agility in 2022, logistics costs in Vietnam accounted for approximately 20% of GDP, double the figures observed in developed countries. The high logistics costs have made the Vietnamese economy less competitive, necessitating prompt action to address and resolve these obstacles. However, it […]
Despite its potential for development, Vietnam’s logistics system continues to face persistent challenges that require immediate resolution. During a seminar on improving value chains of exported farm produce and boosting their integration with the logistics system on June 23, major exporters, especially those in the agricultural sector, expressed concerns over high logistics expenses. In reality, transportation fees from Thailand to international markets, ranging from US$1,000 to US$1,200 per ton, are significantly lower than those in Vietnam. This significant cost disparity hampers the competitiveness of Vietnamese products, which are often perceived as lower in terms of design, quality, and brand promotion. It is worth noting that this issue was already raised six years ago. In 2017, statistics from the Vietnam Logistics Business Association showed that logistics costs for agriculture in Vietnam were 6% higher than in Thailand, 12% higher than in Malaysia, and a staggering 300% higher than in Singapore. According to a report published by global logistics provider Agility in 2022, logistics costs in Vietnam accounted for approximately 20% of GDP, double the figures observed in developed countries. The high logistics costs have made the Vietnamese economy less competitive, necessitating prompt action to address and resolve these obstacles. However, it […]
High logistics costs and heavy dependence on foreign shipping companies have become major challenges for Vietnam’s agricultural exports, affecting product quality and pricing.
Logistics costs...
HCMC – HCMC will be developing more logistics centers to enhance its logistics infrastructure and complete the inter-regional transport system from this year until...
THUA THIEN-HUE - Deputy Prime Minister Le Minh Khai has signed a resolution on key measures to enhance logistics services in Vietnam.
According to the resolution,...
HCMC - High logistics costs have made the Vietnamese economy less competitive.
According to Le Quang Trung, vice chairman of the Vietnam Logistics Business Association,...
HCMC - Vietnam’s logistics has potential for development but still has many persistent woes that must be resolved.
The first nine months of this year...
HANOI - The Vietnam Logistics Business Association (VLA) has joined hands with the Vietnam Chamber of Commerce and Industry (VCCI) to launch the Logistics...
HCMC - Ahmed Aboutaleb, Mayor of Rotterdam, the Netherlands has said port development and logistics needs a long-term plan by government.
Aboutaleb was speaking at...