Green logistics a new avenue for export firms


— VNA/VNS

HO CHI MINH CITY: Green logistics is no longer simply a trend but a prerequisite for Vietnamese companies seeking deeper integration into global supply chains, experts affirmed at the seminar “Green Logistics – A Sustainable Development Trend for Vietnamese Export Businesses” in HCM City on Sept 5.

In his opening remarks, Tran Phu Lu, Director of the Investment and Trade Promotion Centre of Ho Chi Minh City, stressed that green logistics is now a key criterion for assessing the sector’s sustainability.

He noted that “by adopting green logistics, businesses can expand their customer base, increase revenue, reduce costs, and strengthen competitiveness in the long term.”

Vietnam has strong potential to become a regional logistics hub. The country’s strategic location with a 3,260km coastline, deep-water ports, international airports, and a fast-growing manufacturing and eCommerce economy provide significant advantages.

The logistics sector has recorded average annual growth of 14% to 16%, with a market value of US$45bil to US$50bil.

Vietnam ranks 43rd out of 139 countries and territories in the Logistics Performance Index and fifth among Asean members.

Despite these strengths, logistics costs remain high. Domestic enterprises are fragmented, lack linkages, and rely heavily on road transport. Moreover, logistics activities generate substantial environmental impacts such as emissions, noise, and industrial waste. — Viet Nam News/ANN

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