Vietnam SuperPort on January 7 signed a strategic Memorandum of Understanding (MoU) with the Transport Development and Strategy Institute under the Ministry of Transport of Vietnam, and China Railway 16th Bureau Group Vietnam Co. Ltd. (part of China Railway Construction Corporation) on cooperation to develop rail logistics infrastructure.

Strengthening logistics infrastructure and digital technology connectivity, and promoting e-commerce development is the key to enhancing the effectiveness and substance of multi-faceted ties between the Association of Southeast Asian Nations (ASEAN) and Mexico, from economy, trade, culture, education, and to people-to-people exchanges.

The development of logistics infrastructure, improvement of loading and storage capacity, and formation of a regional – level logistics service centre will help Vietnam better embrace the upcoming global supply chain shifts, experts said at a logistics forum held by the Ho Chi Minh City Logistics Association (HLA) in the city on November 29.

VinaCapital, Vietnam’s most diversified asset manager, and A.P. Moller Capital, a global fund manager focused on high growth markets, have set up a joint platform to grow and scale investments in transportation and logistics infrastructure in Vietnam.

Vietnam’s logistics industry has yet to have its potential fully tapped, and the country needs timely solutions to meet the surging demand for logistics infrastructure.

Hundreds of enterprises of Vietnam and the United Arab Emirates (UAE) gathered at a trade and investment forum in Ho Chi Minh City on October 17.

The Ministry of Industry and Trade (MoIT) is aiming to raise Vietnam’s ranking in the World Bank’s Logistics Performance Index (LPI) by five to 10 places by 2025.

The People’s Committee of Hanoi has issued a plan to cut logistics costs and effectively connect the city’s transport system.

The central city of Da Nang has approved a master plan for the development of its logistics infrastructure by 2030 with total investment of 13.7 trillion VND (606 million USD).

Vietnam’s agriculture sector, from production to exports, has developed impressively in recent times, but its progress is still yet to meet its full potential.

Vietnam’s location with a network of cargo ports, alongside a large domestic market, leaves room for both domestic and foreign logistics firms to expand business and enter logistics M&A deals.

Vietnam will accelerate the development of logistics services to facilitate trade and improve the economy’s competitiveness, according to an action plan approved recently by the Prime Minister.