Logistics market sees wave of investment from Japan, RoK
The logistics market has become more vibrant in recent times with large merger and acquisition (M&A) deals between Vietnamese businesses and foreign investors who have strong financial and technological potential, especially those from Japan and the Republic of Korea.
Hanoi (VNA) – The logistics markethas become more vibrant in recent times with large merger and acquisition(M&A) deals between Vietnamese businesses and foreign investors who havestrong financial and technological potential, especially those from Japan andthe Republic of Korea.
According to the Ministry of Industry and Trade,in early last month, the Vietnam Maritime Corporation (VIMC) signed a jointventure contract with Japanese partner Suzue in the field of transportation andlogistics.
Sumitomo Group has cooperated with SuzuyoCompany and a Japanese public-private investment fund, spending nearly 40million USD to buy 10 percent of stocks at the Gemadept Joint Stock Company ofVietnam.
In addition, Sumitomo will develop a mobileapplication that allows container drivers to pre-register loading and unloadingtime at ports and handle other paperwork.
Mitsui O.S.K Lines (MOL) Group, another giantfrom Japan, also aims to join the logistics market in Vietnam. In early July, theMOL went to survey the Vinh Tan International Port to consider bringing itsships to transport coal imported from Indonesia to the Vietnamese port. It alsostudied making woodchips in the port area.
Earlier in June, the MOL along with the VietnamInvestment and Seaport Services Joint Stock Company (VISECO), Construction andMechanics Joint Stock Company (HTM), and Golden Link established the MVG jointventure to implement the MVG Dinh Vu warehouse project.
Investment from the Republic of Korea inlogistics also offers many opportunities. The most notable deal in recent timeswas reached between Samsung SDS – a subsidiary of the RoK’s Samsung Group andVietnam’s Aviation Logistics Corporation (ALS) to set up the ALSDS jointventure and join logistics business at Noi Bai International Airport in Hanoi.
Samsung SDS signed a cooperation deal with MinhPhuong Logistics to tap the potential of the domestic goods transportation byroads.
Vietnam is now home to more than 1,300 logisticsfirms. Foreign businesses make up a mere 2-3 percent of total logisticsenterprises, but hold 70-80 percent of the market share.
The latest report of the World Bank showedVietnam’s national logistics capacity index has improved, ranking 39th out ofthe 160 countries in the world, and third in the Association of Southeast AsianNations (ASEAN), after Singapore and Thailand in 2018.
The logistics sector is forecast to account for8-10 percent of the country’s total gross domestic product (GDP) in 2025.-VNA
The value of the merger and acquisition (M&A) deals in Vietnam reached 5.43 billion USD in the first seven months of this year, according to data released on July 23 by the AVM Vietnam, a co-organiser of the Vietnam M&A Forum 2019.
There are 4,000 Vietnamese businesses operating in the logistics field but most of them are small-scale with weak human resource quality, the Ministry of Industry and Trade (MoIT) reported.
Information and technology (IT) firms will lead the country’s digital transformation in all sectors, said Phan Tam, Deputy Minister of Information and Communications (MIC).
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.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
Illustrative image (Source: ) 
