Besides difficulties and challenges, Vietnam Logistics is facing many growth opportunities. Even according to economic experts, Vietnam's logistics sector is facing a "golden" opportunity after the Covid-19 pandemic.
Logistics Vietnam before the "golden" opportunity after the Covid-19 pandemic In 2020, the outbreak of the Covid-19 pandemic forced countries to apply measures to prevent the spread of the disease, which had a heavy impact on logistics activities, disrupting supply chains and trade flows.
According to statistics of the Vietnam Logistics Business Association (VLA), the Covid-19 pandemic is the main reason why 15% of enterprises (DN) lost 50% of their revenue compared to 2019, and more than 50% of enterprises reduced their number of businesses. the volume of domestic and international logistics services from 10%-30% over the same period in 2019.
The unresolved internal difficulties of the manufacturing and logistics industry have become a "bottleneck" before the impact of the Covid-19 pandemic. Specifically, Vietnamese products are still not competitive with similar products of other countries in the region such as Thailand, Philippines, Malaysia... both in terms of agricultural products and garments. High logistics service costs increase costs, reduce the competitiveness of Vietnamese goods in particular, and the competitiveness of the Vietnamese economy in general. At the same time, the competitiveness of logistics service businesses in Vietnam is still not high compared to other countries in the region and the world...
In the coming time, Vietnam's logistics industry is forecasted to continue to face many difficulties and challenges due to the impact of the Covid-19 epidemic, sea transport lacks empty containers for export (due to the impact of social distancing). global society), freight rates tend to increase... Besides difficulties and challenges, Vietnam's logistics industry is facing many opportunities from free trade agreements and the strong development of e-commerce. Even according to economic experts, Vietnam's logistics sector is facing a "golden" opportunity after the Covid-19 pandemic.
Specifically, the strong development of supporting industries and increased e-commerce activities will make logistics an area that attracts investment and has many development opportunities. Free trade agreements (FTAs), including new generation FTAs, have taken effect and will help Vietnam benefit from the promotion of import and export of goods. Besides, the forecasts of international organizations for Vietnam's economy such as: GDP will continue to grow positively, the trade balance between Vietnam and the world will continue to be in surplus... show that production When business and commerce are recovering, logistics enterprises can take advantage of the opportunity to accelerate after a period of decline, due to the impact of the Covid-19 epidemic. In particular, the key point to help Vietnam's logistics industry recover growth now and in 2021 is the ability to control the epidemic and promote economic growth. These are the factors that help Vietnam's logistics industry maintain a high growth rate like before the Covid-19 pandemic.
Problems facing Vietnam
The development strategy of the logistics service industry sets a target that by 2025, the growth of logistics services will reach about 15%-20%/year, accounting for 8%-10% of GDP; the rate of outsourcing logistics services reaches from 50%-60%; logistics costs decrease equivalent to 16-20% of GDP. In order to achieve this goal, the following issues should be kept in mind in the future: For management agencies: It is necessary to focus on perfecting mechanisms and policies related to logistics to ensure stability and synchronization; at the same time, continue to review and cut administrative procedures and barriers to reducing costs for people and businesses. Deploying groups of total solutions in the fields of taxes, fees, customs... to shorten the time, improve quality, and reduce costs for logistics activities. Along with that, urgently, review the plannings to ensure the synchronicity and connection of the infrastructure system with the goal of developing the Logistics industry; To ensure that master plans and plans on infrastructure development are consistent with strategies and master plans on industrial production, agriculture, import and export, and socio-economic development strategies of localities.
Along with that, urgently, review the plannings to ensure the synchronicity and connection of the infrastructure system with the goal of developing the Logistics industry; To ensure that master plans and plans on infrastructure development are consistent with strategies and master plans on industrial production, agriculture, import and export, and socio-economic development strategies of localities. . Research and invest in building large logistics service centers capable of connecting smoothly with seaports and transport routes. Maximize resources to perfect infrastructure, promote logistics development; Accelerating investment in major traffic projects...
At the same time, invest in building a system of logistics centers across the country; Expand the connection of logistics infrastructure with countries in the ASEAN region, Northeast Asia, and other regions in the world, in order to promote the effects of multimodal transport, cross-border transport and transit. To soon complete the construction of the logistics statistical indicator system; specifying the "nodal point" in logistics costs to focus on promoting internal resources, taking advantage of opportunities of international economic integration and the 4th industrial revolution to create a breakthrough in the development of logistics services in Vietnam. Male. Promote the application of information technology in management and operation, transport exploitation, link transport modes, multimodal transport management, logistics services...
For professional associations: It is necessary to strengthen training and improve the quality of human resources serving the Logistics industry. Coordinate to survey, learn to develop a set of vocational standards and a national qualification framework for vocational training in logistics compatible with the common level of ASEAN and the world... Strengthen cooperation with international organizations to develop deploying training activities, building a team based on practical training courses to improve the efficiency of training and human resource training in logistics...
For the logistics business community: It is necessary to focus on improving competitiveness and management level in the direction of promoting digital transformation to catch up with the trend of information technology application in most stages of logistics. Innovate models, activities, apply information technology, capture market information to have solutions to mobilize resources, expand production and business. Actively seek and associate with reputable international enterprises to jointly develop and improve the quality of logistics services.
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