11/05/2023 19:23
In recent years, the logistics sector in Vietnam has made significant progress with an average annual growth rate of 14-16%, reaching a scale of 40-42 billion USD per year. The number of logistics service companies and the quality of their business have been increasing, contributing significantly to achieving the highest level of goods import and export results to date, totaling 732.5 billion USD, a 9.5% increase compared to 2021.
"According to Agility's assessment in 2022, Vietnam ranks 11th among the top 50 emerging logistics markets globally," Mr. Tran Thanh Hai stated.
Logistics companies need to collaborate Mr. Hau Hong Bang, Vice Chairman and representative of the Guangdong Import-Export Chamber of Commerce (China), shared: After the emergence and rapid development of e-commerce, logistics companies need to collaborate to cope with e-commerce. This has created a cooperative model that connects and supports each other within the logistics industry.
In reality, Vietnamese enterprises have recognized the weaknesses as well as the potential for development in the logistics field and are intensifying investments and innovations to meet market demands.
"This issue not only helps diversify products and cold transportation solutions for cargo owners, not only domestically but also provides an interesting solution for cargo owners when supplying and transporting cold goods to the deep inland Chinese market," Mr. Hung said.
Following the guidance of the Ministry of Industry and Trade, for the first time in Vietnam, the Vietnam International Logistics Exhibition (VILOG) is organized by the Vietnam Logistics Service Business Association (VLA) and VINEXAD Company.
As of now, VILOG 2023 has received registrations from over 150 companies with more than 200 booths representing 16 countries and territories, including Belgium, Canada, Taiwan (China), Germany, South Korea, the United States, Hong Kong (China), Malaysia, Russia, Japan, Singapore, Turkey, Switzerland, China, Italy, and Vietnam.
In addition, the exhibition features prominent and well-established Vietnamese logistics brands such as Saigon Newport Corporation, engaged in port operations, logistics services, and maritime economic sectors; VICONSHIP, which owns and operates major ports in Hai Phong and Da Nang, providing container yards, warehouse and distribution services, and road container transport; VINAFCO, a leading warehouse management service provider with over 35 years of experience; RATRACO, specializing in cold container transport and domestic and international rail transport; and VINATECH, a manufacturer and supplier of warehouse shelves and supermarket racks. Professional transportation service providers like TRADELINKS also participate in VILOG this year.
Notably, VILOG 2023 will be concurrently held with the 27th International Exhibition on Food & Beverage and Packaging (Vietfood & Beverage - Propack). The synergy between these two exhibitions will create an enhanced commercial linkage, diversify supply sources, promote competition, and strengthen connections between domestic and foreign enterprises.
The event series is expected to encompass over 1,000 exhibition booths and attract participation from companies representing 20 countries and territories, welcoming more than 20,000 visitors for business transactions during the 3-day exhibition.
Phan Trang
Cre: Government News
