Sushant Palakurthi Rao – head of Global Partnerships at Agility (Photo: VNA)

Vietnam becomes increasingly attractive to foreign investors

Vietnam has become an increasingly attractive destination for foreign investors. The international manufacturing sector is moving to Vietnam and more FDI is flowing into the country, showing growing confidence among investors in the market, according to a representative from Agility – a leading global logistics group.

Vietnam jumps 25 levels in WB’s logistics performance index

Vietnam jumps 25 levels in WB’s logistics performance index

Vietnam’s position in the Logistics Performance Index (LPI) in 2018 rose 25 levels compared to two years ago, jumping to the 39th among 160 surveyed countries, according to the latest report from the World Bank (WB).

HCMC announces its trade development plan

HCMC announces its trade development plan

The Ho Chi Minh City Department of Trade and Industry has cooperated with relevant departments to announce the city’s trade development plan to 2025, with a vision to 2030.
The city has developed a new policy and higher salary levels to attract more experts and scientists to work for the local government. (Photo:

HCM City moves to attract more experts, scientists

The People’s Committee of Ho Chi Minh City has approved a policy that would help attract experts and scientists, particularly in the fields of IT, biotech, logistics, nanotech, and the support industry, in the 2018-20 period.
PM Nguyen Xuan Phuc at the meeting (Photo: SGGP)

PM calls for sectors’ contribution to reduce logistics cost

Presiding an online meeting about how to reduce logistics costs and how to connect transport effectively with the participation of representatives from agencies, departments, the World Bank and enterprises, Prime Minister Nguyen Xuan Phuc called for sectors' contribution in reducing logistics cost.
HCMC plans to build logistic centers

HCMC plans to build logistic centers

In its project to develop logistics till 2025 with the vision to 2030 aiming to shrinking cost, the Department of Industry and Trade in HCMC has planned to build logistics centers in locations with huge consumption market, in production districts or near ports with container terminals.
Cat Lai seaport in HCMC

Vietnamese logistics cost high, uncompetitive

The weakness of Vietnamese logistics firms is high and uncompetitive costs, some services’ quality is not high while there is a severe competitiveness in the logistics market, according to Vietnam Logistics Association (VLA).
Logistics costs are still high in Vietnam (Photo: SGGP)

Businesses still concern about high costs

Half of respondents in a recent survey expressed concern about the competitiveness of domestic goods, in which business cost plays a decisive role but it is still high.