How to make Vietnam become the new logistics center of the region?

Vietnam has the opportunity to become a new "logistics hub" of the region, but it needs to solve the problems of policy, infrastructure, and human resources to make it a reality.

Belonging to a dynamic development area, where the flow of goods is strong, and the economy is over 200% open, Vietnam was assessed by experts at the "Vietnam Logistics Forum 2022" on November 26 as having a lot of potential. development of logistics services.

The Ministry of Industry and Trade said the industry is about 40-42 billion USD in size and has a double-digit growth rate. This, according to Minister of Industry and Trade Nguyen Hong Dien, gradually affirms the brand and position of the industry in the region and the world.

The Agility 2022 report ranks Vietnam 11 out of 50 emerging logistics markets. As for "international logistics opportunities", Vietnam ranks fourth, due to its growing position as a destination for companies looking to diversify their supply chains.

The throughput of goods through Vietnam's seaports by 2030 is forecast to be about 1,140-1,423 million tons, one and a half to two times higher than in 2021. "This is a huge opportunity for our fleet in the future, as well as for foreign fleets. doing business in Vietnam", said Mr. Vo Duy Thang, Head of Transportation and Maritime Services Department, Maritime Administration.

Vietnam currently has 500 ship owners and operators, including 38 international container shipping lines and 10 domestic carriers. But domestic carriers are less capable of international transportation, mainly short routes to Singapore, China. The domestic fleet is modest in number, with a total of 1,502 vessels, most of which are small in size.

Last month, the Ministry of Transport approved the Project to develop Vietnam's shipping fleet. A series of proposals were made such as administrative reform, creating a stable and favorable shipping legal corridor; price management of maritime services; join the international conventions of shipping...
 

Assoc. Prof. Dr. Trinh Thi Thu Huong, Vice President of Vietnam Logistics Human Resource Development Association, Member of the Editorial Board of "Vietnam Logistics Report 2022", pointed out that Vietnam holds the 39th position globally on the "Efficiency Index of Vietnam". Logistics (LPI)" but has very high greenhouse gas emissions, up to 1,090 grams of CO2/GDP.

Meanwhile, some countries with lower LPI still emit less. India ranks 44th, emitting 900 grams of CO2/GDP, or Brazil is 56th but emitting only 200 grams of CO2/GDP.

"The survey we conducted with businesses said that 13% of respondents had an empty rate of over 50%, which means that they have not exploited their efficiency well, affecting the environment. The warehouse system mainly uses electricity from the grid. Only 31% use renewable energy," Huong said.

Phi Hung