Container ship Margrethe Maersk docks at Cap Mep International Terminal in southern Ba Ria-Vung Tau province (Photo: VNA)
Hanoi (VNA) – The listsof the most reputable players in Vietnam’s logistics sector this year werereleased by the Vietnam Report JSC on November 24.
The lists cover several sub-sectors, such as internationalforwarding, warehouse services, and third- and fourth-party logistics; freighttransport; port operations; and rapid delivery and last-mile delivery.
The top 10 businesses in internationalforwarding, warehouse services, and third- and fourth-party logistics are theGemadept JSC, the Indo Tran Logistics Corporation, the DHL Global Forwarding(Vietnam) Corporation, the Transimex JSC, the Expeditors Vietnam Co. Ltd, theSchenker Vietnam Co. Ltd, the Kuehne Nagel Co. Ltd, the Bee Logistics JSC, theSouth Logistics JSC, and the Vinafreight JSC.
The rankings were compiled based on companies’financial capacity, as reflected in their financial reports; media reputation,as assessed by media coding methods that encode articles about companies oninfluential media channels; and interviews with relevant parties conducted inOctober and November.
Vietnam Report General Director Vu Dang Vinhsaid that after decades of globalisation, the world is now more inter-connectedthan ever, opening up huge opportunities for global trade and promoting thedevelopment of supply chains.
However, he also noted that greater connectivityposes problems in supply chains in general and the logistics sector, thebackbone of supply chains, in particular, when sudden shocks like COVID-19 strike.
The Vietnam Logistics Business Associationreported that, in March, 15 percent of logistics companies posted ayear-on-year revenue decline of 50 percent, and over half of all companiesexperienced a decline of 10-30 percent in the number of domestic andinternational logistics services provided compared to the same period lastyear.
The containment of COVID-19 helped Vietnamesebusinesses, including logistics companies, resume activities fairly quickly. AVietnam Report survey shows that the operational capacity of 87 percent ofinterviewed companies in October and November was equivalent to 60 percent ofpre-pandemic levels./.
The southern province of Tay Ninh has approved building a multifunctional complex that would include a logistics centre, an inland container depot (ICD) and a general port, with total investment of more than 2.9 trillion VND (125 million USD).
Vietnamese logistics firms, especially small and medium-sized ones, need to get up to speed on digital transformation to enhance their competitiveness if they want to enter global markets after the pandemic ends, experts have said.
Prime Minister Nguyen Xuan Phuc and his Singaporean counterpart Lee Hsien Loong, via videoconference, witnessed on November 14 the launch of the ASEAN Smart Logistics Network (ASLN) with the Vinh Phuc ICD Logistics Centre (SuperPort) its first project.
China’s Laoling city, in coordination with VINEXAD, hosted a series of events in Ho Chi Minh City from August 7-9 to seek trade and economic cooperation with Vietnam.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.