Want to be in the loop?
subscribe to
our notification
Business News
VIETNAMESE LOGISTICS INDUSTRY SHORT OF PERSONNEL
Despite its huge potential and forecasted annual growth rate of 12 per cent, as well as import-export turnover reaching $623 billion by 2020, the Vietnamese logistics industry is facing difficulties in enlisting personnel, especially skilled employees.
Do Huu Anh, FedEx Vietnam’s manager of the training department, assessed that the rate of successful parcel deliveries in Vietnam is lower than in other Southeast Asian countries. Furthermore, logistics skills in Vietnam, including order processing, storehouse controlling, , packaging, and broken goods handling, remain in great demand.
“The only way to deal with the issue is to teach personnel for each stage under specialised standards,” Anh added.
Vu Ninh, the representative of Gemadept Group, stated that the segment requires many skills, including working under high pressure, ability to handle problems, and analysing and evaluating data, and especially advanced level foreign language skills—the greatest weakness of Vietnamese labourers.
According to experts, current training methods are unable to satisfy the logistics industry’s demand for personnel, both in quantity and quality. Joint ventures between schools, businesses, and the government need to gain more substance.
Michael Sadlon, programme director of Aus4Skill Vietnam, said that training should target essential skills which will be necessary during trainees’ future jobs. The specialist knowledge will offer professional criteria for the segment. Therefore, trainees after graduation will be ready to enter the labour force with professional skills, meeting the industry's demands.
“This is a potential training model being effectively applied in many countries, such as Australia, Germany, and Singapore,” Michael added.
According to the Vietnam Logistics Business Association, the country currently has 3,000 logistics firms, and it is forecast that by 2030, the Vietnamese logistics industry will need over 200,000 workers.
Source: VIR
Related News
CAR IMPORTS INCREASE 37.5 PER CENT IN 10 MONTHS
Việt Nam mainly imported cars from Indonesia, with 57,963 units imported so far this year (19,569 units higher than over the same period last year). Imports also came from Thailand, with 54,481 units (7,535 units higher than last year) and China, with 24,613 units (16,112 more than last year).
HAIPHONG TARGETS US$4 BILLION IN FDI FOR 2024
Haiphong recently approved 12 new projects in its economic and industrial zones, valued at a combined US$1.8 billion. This brings the total FDI in these zones to US$3.5 billion as of November, surpassing the city’s annual target by 40%.
FOREIGN INVESTORS FLOCKING TO SOUTHERN REGION
Foreign investors are actively calling on southern localities in the final months of 2024 to explore investment opportunities. On November 7, over 40 German businesses arrived in the southern province of Dong Nai to evaluate investment prospects in the area.
IMPROVING THE EFFECTIVENESS OF SOCIAL POLICY CREDIT
Following a decade of implementation, social policy credit is expected to enter a new phase of development to achieve higher efficiency for the sake of society and the community. On behalf of the Party Central Secretariat, on October 30, Standing Member of the Party Secretariat Tran Cam Tu signed a directive to improve the efficiency of social policy credit.
VIETNAMESE ENTERPRISES GRAPPLE WITH CHALLENGES IN Q3
In many sectors, businesses acknowledged that simply breaking even was an accomplishment this year. A prominent example is Nam Sông Hậu Trading Investment Petroleum JSC, once a leading fuel distributor in the Mekong Delta.
GLOBAL SOURCING FAIR VIETNAM 2025
Global Sourcing Fair Vietnam 2025, held from 24-26 April at the Saigon Exhibition & Convention Center (SECC), Ho Chi Minh City, is the must-attend international expo for sourcing Fashion & Accessories and Home & Gifts