Topic: logistic

Logistics for the production, processing, and consumption of agricultural products in Vietnam still exhibit many limitations, resulting in logistics costs accounting for 25 per cent of production costs. The Ministry of Agriculture and Rural Development is developing a project on an agricultural logistics network that will create community logistic points in country areas and encourage businesses to invest.

Last weekend in Hanoi, the NextTech Group and the Ngan Luong Company announced an investment of more than VND150 billion ($6.4 million) in the Boxme Vietnam Logistics Joint Stock Company. Boxme is the leading startup in e-commerce logistics services in Southeast Asia. With nine centers in Vietnam and the region, Boxme provides services to more than 600 renowned brands such as Panasonic, Colgate, and King Power.

Under a development plan for the 2021-2025 period, the Mekong Delta’s Hau Giang province will focus on developing under four key pillars: industry, agriculture, tourism, and urbanization. The province is expected to outlay more than VND113 trillion ($4.8 billion) on developing industry and logistics in the period, to have three major logistics centers by 2025.

Increasing demand for logistics services caused by a number of factors locally and around the world.