Hai Phong aims to become an international logistics centre

Hai Phong aims to become an international logistics centre

The northern city of Hai Phong aims to become a regional and international logistics centre due to its many advantages as a transportation hub for all five types of traffic, including sea, road, air, railway, and inland waterways.
Aviation pressured to turn into regional freight centre

Aviation pressured to turn into regional freight centre

Vietnam has the potential to become a new logistics centre for the continent alongside Singapore, Bangkok, and Kuala Lumpur, if sectors such as aviation are utilised suitably.
Tie-ups breed confidence in logistics arena

Tie-ups breed confidence in logistics arena

Competitive pressures in tandem with digital economy development is likely to help boost the numbers of mergers and acquisitions in the logistics field in Vietnam next year.
Efficiency advances in logistics only accessible with digitalisation

Efficiency advances in logistics only accessible with digitalisation

With Vietnam’s logistics industry estimated at $80 billion and with an increase of 14-16 per cent annually, the adoption of digital transformation and automation is expected to drive more efficiency in the sector.
ITL expands ecosystem to enhance national coverage

ITL expands ecosystem to enhance national coverage

Indo-Trans Logistics Corporation, known as ITL, has actively ramped up its operations by building a new logistics centre in Danang, acquiring ITL Keppel Logistics Vietnam, and accelerating its plan to lead the cold storage market with over 50,000 pallets by next year.
Logistics companies wait on next fuel prices tweaks

Logistics companies wait on next fuel prices tweaks

With the hope of balancing the selling price of fuel, this month the government has asked the Ministry of Finance (MoF) to build plans to reduce VAT and excise tax for gas, to submit to the National Assembly for approval in October or November.
A driving force to boost development of logistics services in Danang

A driving force to boost development of logistics services in Danang

Once put into operation, the Danang ITL Logistics Distribution Centre promises to bring vibrancy to the logistics sector of the central region.
UPM Raflatac expands operations in the north

UPM Raflatac expands operations in the north

UPM Raflatac – a global supplier of labelling materials with a revenue of $1.9 billion in 2020 – has opened a logistics centre in Hanoi.
Vietnam’s logistics sector attracts more foreign investment inflows

Vietnam’s logistics sector attracts more foreign investment inflows

Foreign investors will continue to pour money into Vietnam’s logistics sector to seize post-pandemic development opportunities, Lao Dong newspaper quoted Piyush Rathorenoi, General Director of the Transworld QBV ICD as saying.
Woes persist in logistics regulations

Woes persist in logistics regulations

Deemed as an emerging logistics hub for the region, Vietnam nevertheless still features some undue regulatory barriers that prevent foreign investors from entering the fast-growing sector.
Quang Tri eyes 86 million USD logistics centre

Quang Tri eyes 86 million USD logistics centre 1

The People's Committee of Quang Tri province has approved in principle for Dong Nam ICD JSC to develop a logistics centre, expected to cost more than 2 trillion VND (86 million USD), in the East South Quang Tri Economic Zone.
Maersk expands with new logistics centre

Maersk expands with new logistics centre

Maersk’s new logistics centre in Bac Ninh hopes to address the needs of a high-demand north Vietnamese market.
French firm to build logistics centre

French firm to build logistics centre

Ground has been broken for a US$30 million warehouse and distribution centre in the northern province of Bac Ninh.