PM calls for more measures to reduce logistics costs

The directive noted that the Government leader approved an action plan to increase competitiveness and develop logistics services in Vietnam until 2025 on February 14, 2017. After more than a year of implementation, offices and units have exerted efforts to achieve set targets.

However, the transport infrastructure system has developed unevenly, while links between modes of transportation have remained ineffective. Logistics centres to connect Vietnam with other countries have yet to be built, leading to high logistics costs, harming the competitiveness of the Vietnamese economy.

To cut logistics costs and promote the connectivity of the transport infrastructure system, the Prime Minister asked ministries, sectors and localities to focus on six main task groups under the action plan. The task groups are: completing policies and laws on logistics services, increasing the quality of logistics infrastructure, improving the capacity of enterprises and quality of services, developing the logistics market, increasing the quality of human resources and raising public awareness of the importance of logistics services.

The Government leader assigned the Transport Ministry to tweak legal documents, reform administrative procedures, cut business conditions, simplify inspection procedures and intensify connectivity between modes of transportation.

The ministry was also urged to speed up the restructuring of the domestic transportation market by reducing the market share of road transportation and increasing the market shares of sea, railway and internal waterway transportation.

The PM requested the Ministry of Industry and Trade to continue working with related ministries and sectors to complete policies attracting investment in logistics infrastructure, and develop logistics infrastructure in combination with e-commerce. 

The Ministry of Planning and Investment was ordered to draw investment in key logistics centres.