Vietnam ranks third in logistics performance index in ASEAN
Vietnam ranks 39th among 160 countries and territories, and third in the Association of Southeast Asian Nations (ASEAN) in logistics performance index (LPI), heard a workshop held by the Ministry of Industry and Trade (MoIT) on July 30.
Hanoi (VNA) – Vietnam ranks 39th among 160 countries and territories, and third in the Association of Southeast Asian Nations (ASEAN) in logisticsperformance index (LPI), heard a workshop held by the Ministry of Industry andTrade (MoIT) on July 30.
The country is also placed among the top emergingmarkets with a growth rate ranging from 14-16 percent, Deputy Minister of Industry and Trade TranQuoc Khanh said.
The official highlighted in an increase in the numberof logistics firms, and improved logistics services, saying they are theoutcomes of efforts made by both businesses and the Government.
Tranh Thanh Hai, Deputy Director of the MoIT’s Agency of Foreign Trade, said Vietnam’s total export-import revenue in the 2010-2020 period tripled the value recorded earlier.
The logistics sector plays a significant role in thenational economic development, including export-import activities, goodscirculation at home and production, the official said.
He stressed the significance of logistics services insuch localities as Ba Ria-Vung Tau, Ho Chi Minh City, Hai Phong, Hanoi and DaNang, saying they serve as momentum for regional and local socio-economic development.
Hai affirmed that the Government, ministries, agenciesand businesses have always paid attention to cutting logistics costs to improvecompetitiveness of the country and enterprises in particular.
Experts at the workshop shared the view on the needfor the logistics sector to develop high-quality personnel, step up ITapplication and modernise its management and operation methods to reduce costsand improve service quality.
Vietnam’s logistics sector is expected to contribute 5-6percent to the country's GDP, record a growth rate of 15-20 percent and rank 50th in the global LPI by 2025./.
The Vietnam Chamber of Commerce and Industry (VCCI) has proposed an inter-ministerial working group be founded to tackle the container shortages and stabilise logistics fees which have skyrocketed recently.
The Mekong Delta province of Long An has planned to set up six logistics centres to meet transportation, and export and import demands, according to the provincial Department of Industry and Trade.
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.
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.
Illustrative photo (Source: VNA) 
