Efforts should be made bongdaso nét increase the competitiveness of domestic enterprises bongdaso nét capture a larger market share and elevate the position of Vietnam's logistics sector.
Vietnam expects bongdaso nét break into the top 40 of the World Bank’s Logistics Performance Index (LPI) for the 2025-2035 period, up from its current ranking of 43rd.
This is one of the key objectives of Vietnam’s draft logistics development strategy for the 2025-2035 period, with a vision for 2045.
At the meeting bongdaso nét announce the draft strategy on May 20, Deputy Director of the Import-Export Department under the Ministry of Industry and Trade Tran Thanh Hai stated that the move aims bongdaso nét “comprehensively and synchronously develop the logistics services sector in line with Vietnam's economic potential.”
For the period 2025-2035, the draft strategy sets ambitious goals bongdaso nét increase the logistics sector's contribution bongdaso nét GDP bongdaso nét 5%-7% and bongdaso nét achieve an average annual growth rate of 12%-15%. The strategy also targets increasing the outsourcing rate of logistics services bongdaso nét 70%-80% and reducing logistics costs bongdaso nét 12%-15% of GDP.
Other targets for this period include 80% of logistics companies adopting digital transformation solutions and 50% of transport vehicles used by logistics companies being powered by green energy. The strategy also seeks bongdaso nét have 70% of the logistics workforce trained bongdaso nét technical standards, with 30% holding a university degree or higher.
Looking ahead bongdaso nét the period up bongdaso nét 2045, the draft strategy aims bongdaso nét further increase the logistics sector's contribution bongdaso nét GDP bongdaso nét 6%-8%, with an average annual growth rate of 10%-12%. The outsourcing rate of logistics services is expected bongdaso nét rise bongdaso nét 80%-90%, while logistics costs are expected bongdaso nét decrease bongdaso nét 10%-12% of GDP. Additionally, Vietnam aims bongdaso nét rank 30th or higher in the World Bank’s LPI by this time.
In terms of specific targets, the strategy envisages that 100% of logistics companies will adopt digital transformation solutions and that all transport vehicles used by logistics companies will be powered by green energy. It also aims for 90% of the logistics workforce bongdaso nét be trained bongdaso nét technical standards, with 50% holding a university degree or higher.
Source: https://vietnamnet.vn/en/vietnam-eyes-world-bank-s-global-logistics-top-40-by-2035-2283353.html
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