Want to be in the loop?
subscribe to
our notification
Business News
CITY SPEEDS UP DEVELOPMENT OF LOGISTICS SECTOR
HCM City is making efforts to improve its logistics services to create a driving force for its economy as well as that of the southern key economic region.
With its strategic location, the city is an important trade gateway for the country’s southern region, accounting for US$85.2 billion worth of imports and exports last year, or 17.7 per cent of the country’s total.
Nguyễn Quỳnh Trang, deputy director of the city Department of Industry and Trade, said the city had relatively developed logistics services and played a leading role in cargo transport for the south and the country as a whole.
It transshipped nearly 75 per cent of the southern key economic region’s goods and more than 20 per cent of the country’ s, she said.
According to the Việt Nam Logistics Business Association, more than 70 per cent of the country’s 3,000 logistics firms are in the city, mainly operating in shipping and delivering, transportation, warehousing, ports, loading and unloading, distribution, customs clearance and integrated logistics services.
The city has more than 40 berths with a total length of 14 km and 61 piers. Last year the volume of cargo passing through its ports increased by 9 per cent and this year it is forecast to exceed the capacity targeted next year.
But logistics development faces obstacles like overburdened roads and ports and lack of connectivity.
Lê Duy Hiệp, the association chairman, said high logistics costs, inappropriate policies, tortuous administrative procedures and lack of qualified human resources, experience in supply chain management and facilities were obstacles the city as well as the country in general should resolve soon.
Therefore, the city needed to focus on making zoning plans for logistics infrastructure and invest more on developing its transport system, especially inland waterway transport, and have a strategy to develop human resources for the logistics industry, he said.
Recognising the importance of the logistics industry, the city government has tasked the Department of Industry and Trade to develop a plan or it for until 2025.
The plan aims to develop logistics into a key service sector, develop the city into a regional transshipment port and reduce logistics costs.
Three logistics centres will be developed to better facilitate cargo transportation between the city and other localities, one each in the south and north and one for aviation.
The former two are expected to be at least 40 hectares in size in 2020 and expanded to 70ha by 2030, and linked with ports and inland container depots in the city and Bà Rịa-Vũng Tàu, railway stations and industrial zones.
The aviation logistics centre at Tân Sơn Nhất International Airport is expected to be at least 3-4 ha in the first phase and 7-8ha in the second.
They will perform two roles: store, transship and supply goods to the city distribution systems and transship goods to other cities and provinces and import and export goods through the city’s ports.
The city plans to accelerate the construction of key infrastructure projects to boost the logistics industry in the next decade.
Source: VNS
Related News
QUARTERLY PIT FILING FOR EMPLOYMENT INCOME APPLIES FROM APRIL 2026
Deloitte Vietnam would like to update members of HKBAV on a recent change to Personal Income Tax (“PIT”) filing procedures, which applies from April 2026 onwards. On 7 April 2026, the Government issued Resolution No. 66.16/2026/NQ-CP, setting out its direction to reduce and simplify administrative procedures and regulations affecting business activities. The Resolution took effect on 15 April 2026.
INFOGRAPHIC SOCIAL-ECONOMIC PERFORMANCE IN APRIL OF 2026
The monthly statistical data presents current economic and social statistics on a variety of subjects illustrating crucial economic trends and developments, including production of agriculture, forestry and fishery, business registration situation, investment, government revenues and expenditures, trade, prices, transport and tourism and so on.
PHU QUOC MAKES UP OVER 80% OF AN GIANG’S TOURISM REVENUE
Phu Quoc Special Zone has accounted for more than 81% of An Giang Province’s tourism revenue so far this year, while attracting nearly all international visitors to the province. Tourism revenue in An Giang has reached an estimated VND33.17 trillion in January-May, up 37.2% from a year earlier. The province has welcomed more than 13.3 million visitors, up 12.1%, while international arrivals have grown 48.4% to around 1.18 million, reported the Vietnam News Agency.
VIETNAM OUTLINES SUSTAINABLE AGRICULTURE AGENDA FOR NEXT FIVE YEARS
Vietnam’s agriculture sector has set targets of achieving average annual GDP growth of 3.6-4%, increasing export revenue by 10-12% per year, and cutting greenhouse gas emissions by 8-9% over the next five years. The targets form the core of a broader strategy to shift from low-value agricultural production toward higher-value products and build an ecological, green and low-emission agricultural sector with more efficient resource management.
OUTSTANDING LOANS IN HCMC, DONG NAI TOP VND6 QUADRILLION
Total outstanding loans in HCMC and Dong Nai City had amounted to VND6 quadrillion as of April 2026, accounting for 31.1% of the total in Vietnam’s banking system. The latest figures were released on May 26 by Nguyen Duc Lenh, deputy director of the State Bank of Vietnam’s Area 2 branch, which oversees HCMC and Dong Nai City.
KNIC OFFICIALLY HOLDS GENERAL CONTRACTOR CEREMONY FOR INFRASTRUCTURE CONSTRUCTION AT KNIC NAM LONG THANH IP
On May 21, 2026, KNIC officially launched the infrastructure construction for Phase 1 of KNIC Nam Long Thanh Industrial Park (Bau Can - Tan Hiep), spanning 1,000 hectares in Dong Nai. Following the completion of all key legal and planning procedures, this milestone marks the project’s transition into active on-site implementation.
























