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Official Gazette

Saturday, October 21, 2017

Large-scale logistics centers to be set up

Updated: 09:33’ - 06/07/2015
A number of large-scale logistics centers will be set up in different regions of the country under Prime Minister Decision No. 1012/QD-TTg of July 3, approving the master plan on development of the nationwide logistics center system through 2020, with a vision toward 2030.
The master plan aims at developing the network of logistics centers to meet requirements of production and product distribution in the local market and of import-export business; focusing on outsourced logistics services with all-in-one solutions and organizing and operating the third-party logistics (3PL) model in order to boost production and trading by cutting costs and increasing added value of enterprises’ goods and services. Subsequently, the forth-party logistics (4PL) and fifth-party logistics (5PL) will be gradually developed on the basis of developing e-commerce and managing a modern, effective and professional supply chain.
By 2020, the growth rate of logistics services will reach 24-25 percent, contributing 10 percent to the country’s gross domestic product (GDP), with outsourced logistics service growth rate of around 40 percent and reduced logistics costs equal to 20 percent of GDP. By 2030, these figures will be 34-35 percent, 15 percent of GDP, 65 percent and 15-17 percent of GDP, respectively.
Key logistics centers will be located in Hanoi, Da Nang and northeastern area of Ho Chi Minh City. A number of regional, sub-regional and economic corridor-level (class-II) centers will be established to facilitate the circulation of goods. Especially, dedicated logistics centers linked with airports and class-I and class-II centers will be developed to facilitate and promote the import and export or multi-modal transshipment of goods and serve the receipt of input materials into and delivery of products from industrial parks, hi-tech parks and large-scale concentrated production zones.
Under the master plan, seven logistics centers will be set up in the North, six in Central Vietnam and the Central Highlands and five the South. Each region will also have one dedicated logistics center serving local airports.-
 

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