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The high logistics cost affects the competitiveness of the economy

Friday, 27/04/2018

On 4/16/2018, Prime Minister Nguyen Xuan Phuc chaired the national online conference on logistics, cost reduction solutions, effective connection of transport infrastructure. Attending the meeting, there were Deputy Prime Minister Trinh Dinh Dung; representatives of the Central ministries and agencies. Comrades: Nguyen Van Tri, Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee; Vu Chi Giang, Provincia Vice Chairman of the Provincial People's Committee and leaders of relevant departments at Vinh Phuc bridge.

Chairman Nguyen Van Tri required the departments and agencies to implement the direction of the Prime Minister as soon as possible.

At the conference, the relevant ministries, agencies, Vietnam Chamber of Commerce and Industry, Vietnam Association of Logistics Services, World Bank and related agencies discussed the current situation, difficulties of enterprises when using the logistics services in Vietnam, at the same time, gave the solutions to overcome the shortcomings, support enterprises to reduce the logistics cost, effectively connect the transport infrastructure.

Concluding the meeting, Prime Minister Nguyen Xuan Phuc emphasized the potentials for the logistics industry in Vietnam to develop. In particular, when the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) agreement became effective, it would be a great opportunity for the logistics industry to break through. The problem was that Vietnamese firms would catch up the opportunities or not.

With the specific characteristics of the province having the strong industrial development in the last years, Chairman Nguyen Van Tri required the departments, agencies in the province should stick to the direction of the provincial People's Committee in planning to develop the transportation network for the socio-economic development, meet the increasing demand on the import and export of goods of enterprises. On that basis, promoting the development of logistics services in the province, catch up with the general trend of localities in the whole country.

Vinh Phuc News

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