A World Bank representative stated that the logistics sector plays a crucial role in promoting trade activities. Improving the logistics environment brings even greater benefits than tax cuts, helping businesses reduce costs and enhance competitiveness. In the context of the ASEAN Economic Community forming at the end of 2015 and Vietnam actively participating in FTAs such as TPP, the Russia-Belarus-Kazakhstan Customs Union, etc., the logistics sector increasingly plays a key role in helping Vietnam integrate more deeply into the global supply chain…

Despite positive developments, logistics costs in Vietnam still account for up to 25% of GDP. In developed countries, these costs only account for 10-13%. Additionally, infrastructure connectivity with cargo concentration areas remains weak. There is no logistics sector planning. Vietnamese logistics companies have not truly found common ground with import-export enterprises, have not created sufficient cohesion, and have not promoted common development for the Vietnamese business community. This leads to many domestic import-export enterprises having to bear high fees, reducing the competitiveness of Vietnamese goods in international markets.