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Vietnam to focus on developing logistics system in central region

04 Jul '23
2 min read
Pic: Shutterstock
Pic: Shutterstock

Insights

  • Vietnam recently sought more investments to develop a robust logistics system linking seaports, airports, international border gates, key economic corridors and inter-regional trade routes in 14 provinces and cities in the central region.
  • It also plans to develop logistics hubs at airports, with an annual transportation demand exceeding 250,000 tonnes.
Vietnam’s ministry of transport (MoT) recently called for more investments to be prioritised for the logistics system in the north central and central coastal regions as part of its recent plan to develop modern, comprehensive and cost-effective transport that also guarantees defence and security for the regions by 2030, with a vision till 2045.

The plan will accord priority to develop a national and international logistics system linked to seaports, airports, international border gates, key economic corridors and inter-regional trade routes in 14 provinces and cities, including Thanh Hoa, Nghe An, Ha Tinh, Quang Binh, Quang Tri, Thua Thien - Hue, Da Nang, Quang Nam and Quang Ngai.

Apart from constructing two airports in the central provinces of Quang Tri and Binh Thuan, the ministry will upgrade nine other operational airports in the region, and set up a logistics centre to facilitate freight transportation activities at Da Nang International Airport and Chu Lai Airport.

It also plans to develop logistics hubs at airports, with an annual transportation demand exceeding 250,000 tonnes.

Companies will be encouraged to raise investment in container transport, modernise transport vehicles and cargo handling equipment and improve service quality, a news agency reported.

Priority will be given to the development of multi-modal transport on corridors, especially the North-South corridor and those linking to international seaports to increase the volume of goods transported and reduce costs. The development of the inland port system will be stepped up to facilitate the connection between modes of transport and logistics services.

Linkage between various modes of transport will be created, generating conducive conditions for forming large-scale transport enterprises capable of joining domestic and international transport chains.

Fibre2Fashion News Desk (DS)

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