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

Reduce logistics costs, increase import and export capacity

The Vietnam Association of Logistics Service Enterprises (VLA) has just reported on logistics activities in Vietnam, in which it is worth noting that logistics costs are equivalent to about 20-22% of annual GDP, significantly higher than Thailand (19%), China (18%), Malaysia (13%) and nearly three times higher than countries such as the US, Singapore (8%).

Vietnam Report publishes research on Vietnam's logistics market

The ranking of Top 10 prestigious logistics companies in 2022 is built on scientific and objective principles.

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.

Global shipping growth at risk from economic gloom, UNCTAD says

Synopsis The slowdown is expected to impact shipping, which transports more than 80% of global trade, although tanker freight rates could stay high.

Laos strengthens regional links, connecting East-West Logistics corridors

VOV. VN - Attending the workshop were representatives of relevant ministries, departments and agencies, as well as more than 80 enterprises and investors from Vietnam, Laos and Thailand.

Evolution or extinction

  Learn more about the adoption of evolving technology in the supply chain. Stewart Brand said: “Once a new technology rolls...

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.

Develop a set of professional standards for Vietnam's logistics industry

According to the Vietnam Logistics Service Enterprises Association (VLA), up to now, logistics enterprises are in great demand, need to be trained, fostered and disseminated knowledge; as well as updating legal information on standards, measurements, quality or tools to improve productivity.

Ba Ria - Vung Tau: Industrial development associated with seaport advantages

Thanks to the advantage of Cai Mep - Thi Vai deep-water port cluster, over the years, the industry of Ba Ria - Vung Tau province has made great progress, becoming one of the 4 stable economic pillars of the province. With the promotion of the implementation of key transport routes linking the region, in the coming time, the province's industry is expected to give more sweet fruits.

Chu Lai port strongly develops bulk import and export services

After the pandemic, the wave of supply chain shift to Vietnam is opening up opportunities to develop large production areas across the country, including the Central - Central Highlands, leading to great demand for logistics in this region.