"Commerce News" Opportunities for Investors to Join in Vietnam’s Logistics Business Market

The Department of International Trade Promotion (DITP) recommends Thai investors to invest in the logistics business in Vietnam, which is continuously growing due to the Vietnamese government's policy to promote the logistics industry to connect with production, import, export, and domestic trade.

A survey of opportunities for exporting Thai products to various countries found that Vietnam is accelerating the development of its logistics industry to grow, linking with production and domestic trade. This makes Vietnam's logistics industry likely to continue growing. However, the industry still has limitations such as high logistics service costs, lack of good infrastructure, and most logistics operators in Vietnam being small, lacking technology and capital. Therefore, it is an opportunity for Thai investors to invest and meet the increasing demand.

The development of logistics in Vietnam also includes improving human resource quality, digital transformation, and the application of technology to reduce transport service costs, making Vietnam a major logistics hub in the region.

In conclusion, the logistics industry in Vietnam is growing and there is increasing demand, creating opportunities for Thai investors to invest in this area to accommodate the expanding logistics market.

For more information: Department of International Trade Promotion, Ministry of Commerce
Tel. 0 2792 6900
Link: https://www.ditp.go.th/

 


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