FDI growth a motivation force for economic development

19/10/2016 16:32

(VLR) (Vietnam Logistics Review) The year of 2016 is coming to an end. At the time, we have things to believe in good results from economic growth.

(Vietnam Logistics Review)The year of 2016 is coming to an end. At the time, we have things to believe in good results from economic growth. Vietnam economy has been improved with the signings of new-generation free trade agreements. ASEAN Economic Community, over-all modernization and innovation programs have brought active economic changes, especially to the customs. It is expected that these changes would bring breakthroughs in business environment, push up local manufacturing and attract new waves of investment.

It is estimated that FDI capital will have better increase at the end of 2016 and reach USD 15.3b- an important motivation force that helps whole- year export activities recover.

In the active busy situation of the world logistics with solutions of multi-leasing and outsourcing.. Vietnam logistics has exprienced obstacles that badly affects import- export activities, traffic, goods delivery and the whole economy. It is hard to estimate economic damage when HCMC was badly flooded at the end of last September or when products of bad quality ruined consumers’ belief. Inefficient supply chains and community health issues are calling for applying hi-tech tools in logistics services. And modernization in connecting worldwide logistics, long-term vision and quick integration to the world economy are urgent duties.

Editor-in-chief

Le Van Hy, Ph.D


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