The added value of logistics services in the country is set to account for 5-7 per cent of the gross domestic product (GDP) during the period, with an average annual growth rate of 12-15 per cent.
The strategy aims at raising the outsourcing rate of logistics services to 70-80 per cent and reduce logistics costs to around 12-15 per cent of GDP.
Eighty per cent of logistics enterprises are expected to adopt digital transformation solutions, and the sector will pursue low-emission growth and green energy transition.
The country targets to be among the world’s top 40 countries and territories in the World Bank’s logistics performance index (LPI).
By 2035, 70 per cent of the sector’s workforce will be professionally trained, including 30 per cent with university degrees. At least five modern and world-class logistics centres will be set up as key hubs linking regional and global supply chains, according to domestic media reports.
By 2050, logistics services will make up 7-9 per cent of GDP and grow at 10-12 per cent annually, while the outsourcing rate of logistics services is targeted to rise to 80-90 per cent, and logistics costs will drop to 10-12 per cent of GDP.
Vietnam also aims to be among the world’s top 30 in the World Bank’s LPI by 2050. All Vietnamese logistics enterprises are expected to apply digital transformation solutions.
The sector is anticipated to adopt low emission technology, contributing to the national net-zero goal. At least 10 modern logistics service hubs of international standard are to be constructed.
Other targets include promoting investment in modern and synchronised logistics infrastructure, especially transport, trade, and digital infrastructure, while ensuring environmental protection, disaster prevention, and climate resilience.
The strategy also aims at developing free trade zones linked to seaports, airports, border gates and key production areas; modern hubs for sorting and processing e-commerce goods to handle large volumes efficiently and safely using advanced technology; logistics parks, distribution centres, smart warehouses, and specialised storage facilities for agricultural products, chemicals, industrial goods and processed products.
ALCHEMPro News Desk (DS)
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