Vietnam's Da Nang aims to turn into key logistics centre by 2030

Vietnam’s central KER has five provinces and cities: Thua Thien Hue, Quang Nam, Quang Ngai, Binh Dinh, and Da Nang. Da Nang hosts an international container port and an international airport.

The target is part of an approved project to develop logistics services in the city in association with the central KER and EWEC for the 2021-2030 period, with a vision till 2050.

The logistics service industry, under the plan, is expected to contribute 11-12 per cent of the city’s gross regional domestic product by 2030 and up to 15.5 per cent by 2050.

Though the city has the potential to attract cargo, specific policies are needed to raise the volume of goods in circulation, including incentives for investment in for-export production and logistics facilities, to unlock the city’s potential, Duong Tien Lam, head of the representative office of the Vietnam Logistics Business Association (VLA) in Da Nang, told a Vietnamese media outlet.

The city will also provide support related to land rent for logistics centre investment projects to encourage enterprises to invest in infrastructure construction.

To attract investment in the logistics sector, Da Nang city will study the formation of a free trade zone (FTZ) with Lien Chieu Seaport and Da Nang International Airport. 

Da Nang is home to 1,056 logistics enterprises, including 681 engaged in providing road freight transport services; 16 offering services related to sea transport and 30 providing agency, forwarding and shipping services.

Fibre2Fashion News Desk (DS)