Tech solutions to elevate logistics

Technology solutions are the best way for logistics companies to optimise their operations

At the national conference on Developing e-Government Contribution to Online Public Services towards Digital Government – Models and Technology Solutions, many technology models and solutions have been introduced to enterprises to encourage digital transformation among logistics companies.

When it comes to port logistics, Nguyen Hong Minh, vice president of Sao Bac Dau Technology Group showcased its Terminal Operating System (VTOS) to assist port logistics operations.

According to statistics from Sao Bac Dau, 75 per cent of ports, ICDs, and depots have yet to apply modern technology into their operations. These places mainly use labour in combination with simple stand-alone software, resulting in the suboptimal organisation of freight traffic.

Vietnamese ride-hailing platform Be Group also exhibited its intergrated ride-hailing application as an effective transport solution for drivers. Be's app gives out 3 technologies consisting of Virtual BOT, DriverBuddy, and beMobility to ease traffic as well as assist drivers on their way.

The representative of Be Group said that Vietnam’s population density is only lower than Singapore and the Philippines in Southeast Asia with 290 people per square kilometre.

In contrast, the number of new roads and corresponding infrastructure have only increased by 0.39 per cent a year. Also, land reserved for traffic is only 8.65 per cent, while as per Decision 11/NQ-CP, it should be 20-25 per cent.

Because of the COVID-19 pandemic, many logistics companies are moving to apply technology in their operations, offering a potential market for logistics investment.

A representative of Hongbang International University said that the logistics market in Vietnam is growing increasingly vibrant, highly competitive, and larger as big logistics companies in the world have been entering.Also, domestic enterprises have merged and innovated according to the trend. Additionally, logistics technology in Vietnam is developing day by day, along with expansion and development of e-commerce logistics.