The steps toward 2025’s logistics transformation
Vietnam has unveiled a new plan to transform the country into a regional logistics hub by 2025. The new plan draws attention to the importance of logistics in Vietnam’s positioning as an international trade hub Prime Minister Nguyen Xuan Phuc recently sanctioned the action plan to enhance the competitiveness and development of Vietnam’s logistics sector through 2025 in Decision No.200/QD-TTg, dated February 14, 2017. The logistics sector is set to contribute between 8 and 10 per cent to Vietnam’s gross domestic product, with annual growth of 15-20 per cent by 2025. The plan also aims to make Vietnam one of the world’s 50 leading logistics services providers.
