The Deputy Prime Minister Le Minh Khai recently signed Resolution No. 163/NQ-CP for supporting the simultaneous execution of critical tasks and solutions for the sector, which is expected to provide the logistics industry in Vietnam a boost and make it more competitive. The administration of the nation also plans to concentrate on utilising Vietnam’s geographic advantages and fostering connectivity.

Along with creating sustainable supply chains, improvements in digital technology and its use, as well as the calibre of human resources, will be prioritised. According to Vietnamese media sources, the country’s commerce, transport, and finance ministries are expected to work together to monitor the international and regional situation and analyse any connected impact on the economy.

The transport ministry will ensure that logistics development objectives are met by transportation infrastructure including bonded warehouses, inland depots, and logistics centres. For the supply of logistics services, the finance ministry is in charge of examining and removing barriers including fees, service costs, and tax laws. Additionally, e-commerce and the goods trading floor will be increased in order to advance green logistics.