Apart from developing sustainable supply chains, attention will be aimed towards enhancing digital technology and application as well as quality of human resources. The nation’s trade, transport, and finance ministries are expected to collaborate to monitor the international and regional condition and analyse any related impact on the economy, as per Vietnamese media reports.

Vietnam’s logistics industry is set to receive a boost and become more competitive as Deputy Prime Minister Le Minh Khai recently signed Resolution No. 163/NQ-CP for promoting the simultaneous execution of important tasks. The country’s government also intends to focus on leveraging Vietnam’s geographical advantages and supporting connectivity.

The transport ministry will make sure that transport infrastructure such as bonded warehouses, inland depots, and logistics centres are in line with logistics development goals. The finance ministry is responsible for reviewing and removing impediments such as fees, service costs, and tax policies to enable the provision of logistics services. Moreover, the goods trading floor will be expanded along with e-commerce towards the development of green logistics.

Fibre2Fashion News Desk (NB)