VIETNAM’S LOGISTICS SECTOR ATTRACTS MORE FOREIGN INVESTMENT INFLOWS

Foreign investors will continue to pour money into Vietnam’s logistics sector to seize post-pandemic development opportunities, Lao Dong newspaper quoted Piyush Rathorenoi, General Director of the Transworld QBV ICD as saying.

Piyush said he expects the logistics industry of Vietnam will thrive in the future, turning Vietnam into a logistics centre of the world.

CapitaLand Development (CLD) of CapitaLand Group on February 26 signed a Memorandum of Understanding (MoU) on investment cooperation worth 1 billion USD with the People’s Committee of the northern province of Bac Giang to build its first logistics and industrial urban project in Vietnam.

Ronald Tay, General Director of CLD Vietnam said the project will be a synergistic factor in forming a flexible supply chain network for the northern key economic region, which is expected to generate jobs for over 20,000 local labourers.

Delvin Fan, operation director of Best Express Vietnam recently revealed that his firm has invested 20 million USD in developing commodity sorting centres in Bac Ninh and Ho Chi Minh City.

This enterprise also plans to spend an additional 3 million USD on buffing up its means of transport in 2022, towards increasing its offices to 1,500 across Vietnam, he added.

Meanwhile, SEA Logistic Partners has kicked off construction of the SLP Park Xuyen A project which aims to supply warehouses in the Mekong Delta province of Long An. This project is scheduled to be completed in the first quarter of 2023, covering an area of 84,000 sq.m.

Experts said the pouring of capital by foreign investors into Vietnam will help turn Vietnam into a logistics centre of the world.

According to Tran Thanh Hai, deputy head of the Ministry of Industry and Trade (MoIT)’s Export and Import Department, Vietnam has advantages in geo-economics to promote development of production, export and logistics service because it is located in a dynamic area of the world.

Sharing Hai’s opinion, Supaporn Sukmak, director of the Office of Overseas Trade Promotion of Thailand in HCM City said free trade agreements (FTAs) between Vietnam and partners have helped the Southeast Asian nation attract more foreign investors, especially those operating in logistics.

The demand of warehouse for import and export goods in Vietnam is on the rise, she added.

According to a report on logistics market by the MoIT, Vietnam is home to 30,000 providers of logistics service, and the warehouse service is one of the key segments of Vietnamese logistics firms.

Over the last two years, despite the complicated developments of COVID-19, nearly 3 billion USD was poured into Vietnam’s logistics industry, a sign that the country could become a logistics centre in the region and the world, Supaporn said.

Source: VIR

Related News

MEMBER CORNER / PROMOTIONS

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.

May 29, 2026

VIETNAM MONTHLY STATISTICAL DATA

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.

May 28, 2026

HOSPITALITY / TOURISM / ENTERTAINMENT

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.

May 28, 2026

VIETNAM ECONOMY INVESTMENT

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.

May 28, 2026

BANKING / FINANCE / INSURANCE / TAX

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.

May 28, 2026

MEMBER CORNER / PROMOTIONS

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.

May 27, 2026