Logistics

The city will explore the potential for building appropriately sized logistics facilities to boost the capacity.

A network of railways and highways makes it convenient to travel between Hanoi and other provinces and cities in the north.

It is imperative to keep an eye on international competition in industrial property and logistics, as the sector is booming worldwide.

Vietnam’s logistics market is expected to grow at an average of more than 13% per year by the end of 2022 and subsequent years.

Many Dutch businesses are looking for investment opportunities in logistics in Vietnam.

The port is expected to handle the North’s transportation demand and help reduce logistics costs and pollution.

The pandemic has revealed the limitations of the current global supply chains.

A well-functioning logistics sector underpins most economic activities and is fundamental for productivity and growth.

By 2025, the logistics sector aims to contribute 9-11% of the GRDP with an average growth rate of 17-21%.

Vietnam would restructure the services sector based on modern technologies under the Industry 4.0, especially in fields of finance-banking, insurance, healthcare, education, transportation, trade and tourism.