According to The Ministry of Industry and Trade (MoIT), import and export turnover of goods will continue to grow this year, creating demand for logistics services. By the end of 2021, Việt Nam's total import and export turnover is expected to reach a record level of more than US$660 billion.
Permanent Deputy Prime Minister Pham Binh Minh assigned the Ministry of Transport to work with other ministries, agencies, and localities to meticulously consider and decide on the resumption of international commercial air routes.
Key infrastructure and transport projects are the most important objects of the inspection plan of the Ministry of Planning and Investment (MPI) next year.
The number of foreign ship arrivals in Vietnam’s seaports topped 59,100 in the first 10 months of 2021, up 30 percent year on year, according to the Vietnam Maritime Administration.
Public investment disbursement is seen as one of the key tasks and solutions in the last months of 2021 to give a strong boost to economic recovery.
The Vietnam Maritime Corporation (VIMC) has recorded third quarter revenues of VND4.127 trillion ($179.4 million), up 71 percent year-on-year, and profits of VND760 billion, compared to nearly VND30 billion in losses during the same period last year.
The COVID-19 pandemic affected global supply chains and the transport industry, especially aviation, was disrupted, thus shipping took the throne. Meanwhile, new developments from free trade agreements are creating new opportunities for Vietnam's industrial real estate market.
Vice Chairwoman of the municipal People’s Committee Phan Thị Thắng said HCM City views logistics as a main artery of its economy. Given this, the establishment of a logistics association in the city is an urgent need so that it can serve as the mouthpiece for local logistics businesses and accompany the city in future logistics development projects.