Vietnam logistics association

Singapore-based The Straits Times said the nine-day event with the participation of nearly 1,600 delegates will select new leaders and shape policy for the next five years and beyond. It also highlighted Vietnam’s success in containing COVID-19, that has helped its economy outstrip much of Asia in the past year, and further noted that Vietnam is already eyeing average annual gross domestic product growth of 7 percent over the next five years. … [Read more...] about VIETNAM NEWS JANUARY 26

Hanoi (VNA) - The Viettel Posts Joint Stock Corporation (Viettel Post) has opened an automatic logistics centre at District No.12, Ho Chi Minh City. The event marked a new development of Viettel Post in shifting from a post and delivery corporation to a logistics one, in an effort to become a leading technology-based logistics enterprise in Vietnam by 2025, the Quan doi Nhan dan (People’s Army) newspaper reported. Addressing the event, Director of Viettel Post Tran Trung Hung informed that in Vietnam, foreign logistics enterprises are currently controlling 80 percent of the market share. He suggested that domestic logistics companies should invest more in modern technology so as to enhance its competitiveness at home and in the international arena. He stressed, the establishment of the most modern logistics centre of Viettel Post in the South of the country aims not only to expand Viettel Post’s business in the South but also to contribute to building national logistics … [Read more...] about Viettel Post opens automatic logistics centre in HCM City

A representative of the Vietnam Leather, Footwear and Handbag Association (Lefaso) said that despite a decline in consumer demand during the COVID-19 pandemic, footwear exports in the first five months of 2020 to the US reached more than 2.43 billion USD, accounting for 36.3 percent of Vietnam’s footwear export turnover. … [Read more...] about Vietnam-US friendship thrives after a quarter of a century

However, experts point out that Vietnam is still in an early stage of developing industrial real estate in connection with supply chains, warehouses and transport. Therefore, it is necessary to develop more detailed strategies to support investors who want to join the real estate segment. … [Read more...] about American corporations relocate to Vietnam as costs rise in other locations

Addressing the event, Director of Viettel Post Tran Trung Hung informed that in Vietnam, foreign logistics enterprises are currently controlling 80% of the market share. He suggested that domestic logistics companies should invest more in modern technology so as to enhance its competitiveness at home and in the international arena. … [Read more...] about Viettel Post opens automatic logistics center in HCMC