HCM City to host first Vietnam International Logistics Expo
The Vietnam International Logistics Exhibition 2022 (VILOG) will take place for the first time at the Saigon Exhibition & Convention Centre (SECC) in Ho Chi Minh City from August 10 -12, 2023.
HCM City to host first Vietnam International Logistics Expo. - Illustrative image (Photo:Vinexad)
Hanoi (VNA) - The Vietnam International Logistics Exhibition 2022 (VILOG) will take place for the first time at the Saigon Exhibition & Convention Centre (SECC) in Ho Chi Minh City from August 10 -12, 2023.
The event will be hosted by the Ministry of Industry and Trade in collaboration with the Vietnam Logistics Business Association (VLA) and the Vietnam National Trade Fair and Advertising Company (Vinexad).
It will accommodate about 250 booths of enterprises, showcasing products in the field of transportation and delivery, warehouse and stevedoring services, packaging, and and IT.
The expo is expected to promote the development of Vietnam's logistics industry to be commensurate with its potential, thus contributing to attracting more foreign investment and establishing a green logistics ecosystem.
In particular, the exhibition will be held at the same time and the same venue as the 27th VietFood, Beverage and Professional Packing Machines (VietFood & Beverage – ProPack) International Exhibition, which will feature about 550 booths. The two events will attract businesses from 20 countries and territories worldwide.
Experts said logistics is one of the fastest growing and most stable industries in Vietnam, with an annual average growth of between 14 - 16%, reaching 40-42 billion USD per year.
Vietnam was placed 11th among the world's leading emerging logistics markets in 2022 by Agility, a global leader in supply chain services, infrastructure and innovation./.
A delegation of nearly 30 Vietnamese logistics businesses participated in a trade promotion programme in Germany from October 11-18 to seek potential partners.
Despite its great potential for growth, poor transport infrastructure and high costs are holding back the logistics industry, insiders said at the Vietnam Logistics Transformation forum held in HCM City on October 19.
Up to 68.4% of logistics companies in Vietnam saw increases in their revenues in the first nine months of 2022 compared to the same period of last year, a study released by Vietnam Report JSC showed.
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Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
HCM City to host first Vietnam International Logistics Expo. - Illustrative image (Photo:Vinexad) 
