ITL addresses digital and green transformation challenges in logistics industry

VILOG 2024, with the theme "Green Logistics - Foundation for Sustainable Development", was organised by the Ministry of Industry and Trade from August 1-3. It featured 400 booths run by over 300 companies from 20 countries and territories, an overall increase of more than 30 per cent compared to last year's event.

Vietnam's logistics industry is continuing to grow in scale and quality. World Bank data showed Vietnam ranked 43^rd in the Logistics Performance Index (LPI), among the top five in Southeast Asia and the top 10 emerging logistics markets globally. In the first seven months of 2024, the logistics industry contributed to a 17.1 per cent increase in Vietnam's total trade turnover compared to the same period in 2023, reaching $439.88 billion.

In addition to improving service capacity, the exhibition highlighted the efforts of Vietnam's logistics industry in green and digital transformation to meet sustainable development needs, in line with the National Green Growth Strategy for 2021-2030 issued by the PM, in which logistics is one of 18 key topics.

As a co-sponsor of VILOG 2024, ITL Corporation’s booth attracted thousands of visitors during the three-day event. A large number of business partners and customers, both domestic and international, expressed their interest in ITL's integrated services in managing and optimising the entire supply chain.

As a co-sponsor of VILOG 2024, ITL Corporation’s booth attracted thousands of visitors

At its booth and seminars, ITL was the first to bring practical digitalisation and greening solutions to the table, meeting the sustainable transition needs of Vietnam's logistics industry.

To meet the digital transformation needs of businesses, ITL officially launched VELA, with the outstanding advantage of integrating all logistics services (customs procedures, warehousing, international transport, and domestic transport) into a single digital logistics platform.

With VELA, customers can easily declare and manage their needs, receive demand updates, consult, and select suitable logistics solutions. Customers can obtain accurate quotes, draft electronic contracts, make quick bookings, and track the entire progress of their orders.

VELA provides customers with a reliable and valuable integrated logistics service. In addition, its partners can join the 4PL+ (Vietnam Excellence Logistics Alliance), a strong alliance with stable revenue growth. “VELA - The digital logistics platform developed by ITL not only ushers in a new era for the logistics industry but also affirms a significant breakthrough in the digital transformation. This demonstrates ITL's strategic vision and ongoing efforts towards sustainable development and prosperity for Vietnam's logistics industry,” said Bryan Tuyen, CEO of VELA.

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ITL enhances Vietnam’s logistics capabilities via sharing ecosystem ​ ITL, listed in 'Top 10 Most Reputable Logistics Companies of 2023,' has actively contributed to elevating the competitiveness of Vietnam's logistics industry through developing a sharing ecosystem, which has proven effective over time.

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