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Vietnam Today

PM approves logistics development plan

Released at: 09:30, 06/07/2015

PM approves logistics development plan

Hanoi, Da Nang, and north of Ho Chi Minh City to be key logistics centers.

by Tue Lam

The Prime Minister has approved planning for the development of a logistics network throughout the country to 2020 and vision for 2030.

The goal is to develop a network of logistics centers to meet production and distribution needs in the local market and for exports and imports, as well as to develop a logistics market within the country that can become involved in outsourcing.

To 2020, growth in logistics services is to be 24 to 25 per cent per year, contributing 10 per cent to GDP, with growth in outsourced logistics to be 40 per cent. By 2030, growth in services is to be 35 per cent per year, its contribution to GDP 15 per cent, with growth in outsourced logistics to reach 65 per cent.

Key logistics centers are planned for cities and provinces such as Hanoi, Da Nang, and to the north of Ho Chi Minh City. The centers will connect with airports and other Class I and Class II logistics systems to support and promote the export or transshipment of goods and serve the receipt of inputs and forwarding of output from large-scale industrial zones.

The north is to establish seven logistics centers and one dedicated logistics center associated with airports in the region, while the central region and the central highlands will have six logistics centers and the south five centers.

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