economy

Developing Vietnam's logistics services in conjunction with enhancing international economic integration

Situated in the dynamic development region of the world, where trade flows converge significantly, and with a large open economy, Vietnam’s exports, imports, and e-commerce trade have been consistently growing at double-digit rates. Vietnam is consistently evaluated as one of the markets with tremendous potential for developing logistics services.

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Logistics infrastructure in the development of Vietnam's economy

Logistics infrastructure in the development of Vietnam's economy

Logistics infrastructure is one of the core components of the national logistics system, playing an important role in promoting economic growth. Improving logistics infrastructure such as roads, highways, ports, railways, airports, inland ports, and warehouse facilities is essential for sustainable and balanced economic development across the country.

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The logistics "bloodstream" must always "circulate" in the economy

The logistics "bloodstream" must always "circulate" in the economy

According to calculations by the Ministry of Transport and some reports from functional agencies, logistics costs in Vietnam currently account for about 18- 20% of GDP, indicating that logistics is an important service industry in the national economy. However, this crucial role is often overlooked by society until the occurrence of the Covid-19 pandemic.

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Logistics and import - export: "The battle" in the global competition

Logistics and import - export: "The battle" in the global competition

Editor letter

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The market competition express delivery services in Vietnam

The market competition express delivery services in Vietnam

According to the Vietnam E-commerce and Digital Economy Agency (iDEA), Vietnam’s e-commerce market is expected to reach $23 billion by 2025. The number of online shoppers is projected to reach about 55% of the population with an average spending of $600 per year. According to Allied Market Research’s report, with a compound annual growth rate of 24.1% during the 2022-2030 period, Vietnam’s express delivery market is estimated to reach about VND 114,680 billion ($4.88 billion) in 2030.

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Green technologies and geopolitics have a big impact on the logistics sector

Green technologies and geopolitics have a big impact on the logistics sector

Technologies such as electric vehicles (EVs), wind power, and solar power are an important part of accelerating the transition to a low-carbon economy.

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Vietnam's economy: Stabilizing the macro-economy to overcome challenges

Vietnam's economy: Stabilizing the macro-economy to overcome challenges

There have been many inadequacies in our economy: it has been facing difficulties and challenges, macroeconomic instability, pressure from high inflation and increasing risks of bad debts

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Making Nghe An an economic driving force for the Northern Central

Making Nghe An an economic driving force for the Northern Central

The Central Economic Commission, together with Nghe An Provincial Party Committee, just held a talk on development direction of Nghe An Province to 2030, vision to 2045 on the occasion of reviewing the Resolution 26-NQ/ TW dated July 30, 2013 from the 11th Politburo on directions and tasks to develop Nghe An to 2020.

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What to do for Quang Tri's sustainable breakthrough development

What to do for Quang Tri's sustainable breakthrough development

On the occasion of participating in a project to reduce emissions and improve livelihoods for ethnic minority communities in the Central Highlands sponsored by the World Bank, I had the opportunity to return to Quang Tri, visited village, contacted with residents of the Van Kieu ethnic group in mountainous districts. In the fast-paced development of technology, it feels like life and time passing slowly in these places.

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A spring of hope and belief

A spring of hope and belief

The cool of the year- end season has been over: a sign of a coming New Year. The whole country seems to be brightened with colors from flowers, from the atmosphere of the coming spring.

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Vietnam's economy 2023: A belief at the beginning of the New Year

Vietnam's economy 2023: A belief at the beginning of the New Year

Assessments show the global economy in 2023 will face many difficulties: growth slowing down, inflations increasing, possibilities of short-term economic recessions, military conflicts, natural disasters and diseases... However, Vietnam’s economy, as evaluated by many international organizations, has optimistic forecast of growth in 2022 and 2023.

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The economy recovers but risks remain hidden

The economy recovers but risks remain hidden

Risks to the economic recovery mainly come from outside. The Russia-Ukraine conflict, economic slowdown in China, rising international interest rates and stronger US dollar, growing recession risk in Europe could affect demands for export commodities and increases the risk of macroeconomic instability.

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Making Ba Ria - Vung Tau a regional and international logistics center

Making Ba Ria - Vung Tau a regional and international logistics center

Cai Mep Ha logistics center is an important national project, approved by the People’s Committee of BR-VT with the construction zoning plan at the rate of 1/2000 in September 2020, locally adjusted in April, 2022.

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Developing Ba Ria - Vung Tau's economy for the role of an international gateway

Developing Ba Ria - Vung Tau's economy for the role of an international gateway

BR-VT, with its advantages of resources and seaports, has been promoting its role and position of an international gateway. There have been efforts to realize an ambition about a “prosperous happy country” in the shift of modernization and industrialization in the new context.

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Vietnam's economy experiences strong recovery

Vietnam's economy experiences strong recovery

Promoting disbursement of public investment capital and reviewing implementation progress of projects for appropriate adjustment...

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Vietnam's economy: "Stability ensured en unstable conditions..."

Vietnam's economy: "Stability ensured en unstable conditions..."

Facing global complicated, unpredictable and fast changes, Vietnam set priority on macro-economic stability, inflation control, ensuring major balances of the economy, having mutual effective supports among monetary- fiscal policies, implementing socio-economic recovery and development and creating a transparent, safe business investment environment.

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Logistics with border economy: Planning of Lang Son province for the period of 2022 -2030, with a vision to 2050

Logistics with border economy: Planning of Lang Son province for the period of 2022 -2030, with a vision to 2050

The planning report of Lang Son province for the period of 2022-2030 with a vision to 2050 has been elaborately prepared, including overall issues for local socio-economic development during the planning stage. Within the scope of this article, I would like to give my opinions on the spatial planning to develop logistics services and logistics enterprises in Lang Son province, serving import and export activities.

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Adaptive to new situations

Adaptive to new situations

Conflicts among countries in the world are on going; in the country, unpredicted happenings of the COVID-19 pandemic, risks from supply chain interruption, high gasoline price, high production, living and transport costs... have had impacts on the macro economic stability and people’ lives, especially on those with low income...

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Vietnam economy: Confident to step forward

Vietnam economy: Confident to step forward

(VLR) After over 30 years of renovation, Vietnam’s economy and society has never been affected as heavily as in 2021. The 4th outbreak of the COVID-19 pandemic has caused damages to both the economy and the people. However, with various flexible solutions and adaptability, Vietnam’s economy has had a gradual recovery with many bright spots- creating basis for the new year of 2022 with brighter expectations.

Thời sự - Logistics
Reopening the economy: Safe adation to the epidemic in need

Reopening the economy: Safe adation to the epidemic in need

(VLR) To achieve the planned targets of 2021 to highest level, the highest priority should be given to epidemic control and gradually restore production and business activities at the same time in places safe from the epidemic - Prime Minister Pham Minh Chinh.

Thời sự - Logistics
COVID-19: The global economy and the prediction

COVID-19: The global economy and the prediction

(VLR) The appearance of the Delta variant exposes the world to new dangers not only in Southeast Asia, where has currently been an "epidemic focus" but also in Europe and America, where COVID-19 is a "hot issue" again. The new wave of epidemics inhibits the ability to control COVID-19 globally earlier and hinders the fragile global economic recovery momentum.

Thời sự - Logistics
Vietnam's economy: Targets in range

Vietnam's economy: Targets in range

(VLR) The year 2021 is of importance. It is the first year of implementing the 5-year plan of 2021 - 2025 creating momentum for the 10-year strategy of 2021 - 2030... In the context, the Government set targets for 2021: GDP reaches 6.5%; GDP per capita is about USD 3,700. Being one of a few countries that achieved positive growth in 2020. Vietnam has equipped itself a solid foundation to enter the new year of 2021 with new opportunities and new success.

Thời sự - Logistics

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