27-Feb-2021 Intellasia |
Nhandan |
5:02 AM
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Vietnam has jumped three spots to eighth from 50 nations within the world freight forwarder Agility’s rating of Rising Market Logistics Index 2021.
Accordingly, China remained the world’s main rising logistics market adopted by India, whereas Indonesia ranked in third place. Qatar and Turkey ranked behind Vietnam in ninth and tenth place. Amongst Asean nations, Indonesia ranked third, Malaysia ranked fifth, Vietnam ranked eighth, Thailand ranked eleventh, Philippines ranked twenty first and Cambodia forty first.
Vietnam’s dealing with of the Covid-19 pandemic has been some of the profitable globally. “The steps taken by Vietnam in 2020 have propelled it into the highest 10 rating in 2021 its rise of three positions to eighth is the quickest ever within the prime half of the Index and has displaced regional associate Thailand within the prime 10.”, Agility wrote.
The report added that lately, Vietnam has added important hi-tech manufacturing capability, serving to appeal to funding from producers greater up the worth chain as prices in China improve. Avoiding further prices related to the US-China commerce battle has added additional motivation for producers to decide on Vietnam.
Nonetheless, the report identified that funding and the arrival of latest companies has created challenges.
In line with the Motion Plan to enhance aggressive capability and develop Vietnam’s logistics providers by 2025, the contribution of logistics providers to GDP will attain 5-6%, the expansion charge of logistics providers will likely be at 15-20%, the logistics outsourcing charge will attain 50-60%, logistics prices will lower to 16-20 % of GDP, and the business rating on the LPI index (nationwide logistics capability index) will likely be greater than 50.
https://en.nhandan.com.vn/enterprise/merchandise/9620602-vietnam-listed-among-worldpercentE2percent80percent99s-top-10-emerging-logistics-markets.html
Class: Enterprise, Vietnam
Article supply: https://www.intellasia.internet/vietnam-listed-among-worlds-top-10-emerging-logistics-markets-876726