FREIGHT AND LOGISTICS STOCKS ON THE RISE DESPITE PANDEMIC
Freight and logistics stocks have seen major gains since the beginning of 2020 even as the COVID-19 pandemic has wreaked havoc on the economy.
E-COMMERCE INDUSTRY SEEKS TO LEVERAGE LOGISTICS GROWTH
Flexible warehousing models that can help businesses optimise their storage are required amid the development of e-commerce, experts have suggested.
ASEAN SMART LOGISTICS NETWORK LAUNCHED
Prime Minister Nguyen Xuan Phuc and his Singaporean counterpart Lee Hsien Loong, via videoconference, witnessed on November 14 the launch of the ASEAN Smart Logistics Network (ASLN) with the Vinh Phuc ICD Logistics Centre (SuperPort) its first project.
RAISING GROWTH VIA PUBLIC INVESTMENT
The government has proposed a strong 5-year increase in public investment to achieve high economic growth, with more opportunities for private investors to join.
SHIPMENTS BOUND FOR EU TWO YEARS AGO ELIGIBLE FOR TAX INCENTIVES
Shipments bound for the European Union (EU) market before August 1, the day the EU-Vietnam free trade deal took effect, will still be granted a certificate of origin (C/O) to enjoy preferential tax policies as part of the agreement.
DAIRY EXPORT RISE LIKELY WITH EU INFLUX
Currently, dairy products are subject to 5-20 per cent tariffs. For instance, for cheese it is 10 per cent. However, the EVFTA will gradually eliminate all duties. Under these circumstances, dairy trade flows between the EU and Vietnam will most likely increase.
NEW FTAS PUTS LOGISTICS IN LIMELIGHT
New-generation free trade agreements are increasing the importance of domestic logistics groups, with Vietnam emerging as a safe yet high-return market for overseas parties pouring money into new developments.
INFRASTRUCTURE DEVELOPMENT AT THE CENTRE OF PPP DECREE DIRECTION
Further clarifying the legal framework for infrastructure development via wider participation of private investors is expected to help the country attract more funding into the industry.
