The Logistics Service Business Association provides businesses with a means to overcome obstacles.

DNHN - During a meeting with the Association of Logistics Service Enterprises, the World Bank (WB) presented the current status and challenges facing Vietnam's logistics sector.

According to information provided by the Vietnam Logistics Business Association (VLA), a recent meeting with the World Bank (WB) revealed the current status and challenges facing Vietnam's logistics sector. The meeting delved deeply into important issues, focusing on enhancing and optimizing the logistics industry, a vital component of the economic system.

An overview report reveals that the Vietnamese logistics industry still has some concerning deficiencies. Despite planning efforts, the deployment of logistics centers has not been implemented in a significant manner. Still, facilities such as manufacturing plants, empty containers, and ports are dispersed, causing transportation delays and increased costs. In addition, the container parking space at major ports has not been adequately planned, resulting in congestion and freezing.

Cat Lai Port provides an excellent illustration. According to a report by the United States Agency for International Development (USAID), approximately 16,400 trucks arrive daily at the Cat Lai port; however, a lack of space for parking and transporting goods has contributed to the current situation. Prolonged congestion on adjacent roads.

Lack of infrastructure investment is a significant factor that must be considered. Vietnam's ability to attract foreign direct investment (FDI) is hampered by the quality of its infrastructure, thereby diminishing the country's appeal in competition with other countries in the region for investment capital. In addition, infrastructure quality is significantly inferior to that of many leading nations in the region, such as Indonesia, Malaysia, and Thailand.

This challenge will not only affect FDI attraction but can also significantly limit the growth potential of the logistics industry in the future. Some important indicators related to infrastructure quality, logistics, supply chain management technology, macroeconomic conditions, labor skills, product markets, financial systems, and innovation. created to measure the competitiveness of the logistics industry in Vietnam compared to the world.

To solve these problems, at the meeting, Mr. Le Duy Hiep, Chairman of the Logistics Business Association (VLA), expressed his hope for the support and sharing of experiences from the WB. He mentioned the Vietnam Provincial Logistics Competitiveness Index (LCI) project, an important project in measuring and improving the competitiveness of the logistics industry in localities. This can be an important turning point for effective development policy and logistics planning, supporting the development of production, export, and foreign investment.

The LCI project is being implemented in cooperation with many agencies, state organizations, and businesses, and is expected to officially announce the results at the end of the year. Certainly, this project will contribute an overview of the logistics industry in provinces and cities in Vietnam, thereby helping to better visualize competition and development opportunities. The LCI has the potential to become a useful tool in shaping appropriate policies and planning for the sustainable development of the logistics industry in Vietnam in the future.

P.V (t/h)