Vietnamese logistics increases competitiveness, reduces costs

Vietnamese logistics increases competitiveness, reduces costs

TTO - Lack of professionalism, low automation, productivity of service implementation has not reached advanced countries, the application of information technology and the level of digitalization is not high, leading to reduced competitiveness compared to the international market.

Vietnamese logistics enterprises seek to increase competitiveness, reduce costs to participate deeply in the global value chain - Photo: QUANG DINH

That is the comment of Mr. Le Duy Hiep - Chairman of Vietnam Logistics Service Business Association (VLA) - at the forum "Logistics Vietnam - Transforming development" organized by the Business Forum magazine in collaboration with VLA and SEA Logistic Partners (SLP Vietnam) on 19-10.

According to Mr. Hiep, the industrial revolution 4.0 has given rise to many special arising services. The logistics service provider market of Vietnam and the world competes fiercely when e-commerce develops dramatically with advanced forms of logistics services such as E-logistics, Green logistics ... making the service costs of Vietnamese logistics enterprises still relatively high.

Commercial Director of SLP Vietnam Company Le Thi Ngoc Diep said that the current bottleneck in infrastructure from airports, seaports, warehouses ... unregulated, dispersed. In particular, the planned warehousing system has a difference between the North and the South, leading to restrictions in the transportation of goods across the country.

Products and services that promote transportation flexibility in logistics to optimize efficiency, costs are displayed, introduced to businesses to visit and learn - Photo: CONG TRUNG

 

According to VLA statistics, Vietnam's logistics market has more than 5,000 enterprises, of which 89% are small and medium-sized Vietnamese enterprises, 10% are joint venture enterprises and 1% are 100% foreign-owned enterprises providing transnational logistics services. Logistics-related costs account for about 20% of GDP in Vietnam, but in advanced countries, this figure is only about 7-9%.

The boom in e-commerce in Vietnam with large enterprises such as Shopee, Lazada or Tiki becomes a potential opportunity for corporations to invest and develop modern logistics infrastructure. This is an opportunity for businesses to participate deeply in supply chain development, step by step digital transformation to participate in the global value chain.

Mr. Le Trong Hieu - Senior Director of CBRE Vietnam - said that in order to catch the "wave" of logistics, it is necessary to pay attention to developing the use of warehouses effectively, increasing the speed of order processing, reducing costs. Becauseretail and e-commerce both want their warehouses to be closer to customers, because as soon as customers click to buy on the application, in a very short period of time, they must process orders at the fastest possible speed.

If the remote warehouse location will take a long time to pass through the crowded downtown area, the operating costs will increase. Therefore, building warehouses helps optimize the delivery of goods to customers. "Thepenetration of e-commerce in Vietnam is still quite low, but by 2024-2025, this number will increase from 15-20%, even 50%" - Mr. Hieu forecast.

According to businesses, Vietnam currently possesses all the advantages to promote logistics development, including a country with a young population, about 100 million people; stable government support policies, extensive trade agreements with other countries.

Mr. Phan Van Chinh - Director General of the Import and Export Department - Ministry of Industry and Trade - said that there should be support and links between logistics enterprises to jointly promote and develop the market. Build "leading" businesses with sufficient capacity and scale to advise and lead businesses in the industry in a symbiotic model, growing and developing together.

CONG TRUNG-tuoitre.vn




 
Ý kiến bạn đọc
Chủ đề liên quan
Có thể bạn sẽ quan tâm

Bringing logistics to a position worthy of development potential

With a special geographical position located in the dynamic development region of the world, where the flow of goods is very strong, Vietnam is considered to have geoeconomic strengths that are very favorable to promote production, export and logistics services.

Warehouses in high demand towards year end

Retailers have begun to fill their warehouses ahead of end of year peak sales.

Increase the competitiveness of goods from logistics services

The Mekong Delta is the rice, fishery and fruit bowl of the whole country. Therefore, developing a worthy logistics system and improving the competitiveness of key goods of the region in the direction of efficiency and sustainability is essential.

CMA CGM buys New York/New Jersey terminal operations from GCT

French carrier’s East Coast move follows 2021 terminal investment in LA

Global 3PL logistics growth rate reaches 9%

The global third-party logistics (3PL) market size is expected to grow from $900 billion (2021) to $990 billion this year at a 9.4% CAGR, according to Business Research Company.

Long An develops border trade infrastructure

Enterprises believe that there should be mechanisms and policies to promote investment in border areas; At the same time, it is necessary to focus on investing in the development of transport infrastructure and smooth connectivity for trade.

Vietnam Logistics Forum 2022: Finding solutions to develop green logistics

On 26/11/2022, the Ministry of Industry and Trade in collaboration with the City Committee, Hai Phong People's Committee organized the plenary session of the Vietnam Logistics Forum 2022 with the theme "Green Logistics" in person and online. This is an annual event organized by the Ministry of Industry and Trade in collaboration with relevant agencies since 2013.

VIMC plans to divest from big seaports

CMSC recommended that VIMC divest capital in seaport enterprises, but only to a 65 per cent ownership rate.

Hai Phong - regional logistics service center - Last post: Human resource development levers

Hai Phong has been offering breakthrough policies and solutions, capturing new ideas to further promote advantages, enhance the role of logistics services in the economic structure of the city, strengthen connectivity and create diffusion in the region. However, human resources for this industry are still modest, requiring a sustainable development strategy.

Ministry of Industry and Trade organizes Vietnam Logistics Forum 2022

Vietnam Logistics Forum is an annual event organized by the Ministry of Industry and Trade in collaboration with relevant agencies since 2013. This is an important event of Vietnam's logistics industry with the goal of promoting the development of logistics services, creating a cohesive link between logistics and manufacturing and import and export industries, and also a place for dialogue and updating information on important issues, the urgency of logistics services in Vietnam and the world.