The MoPS has proposed to change the colour of the licence plates of ride-hailing vehicles, sparking concerns about increasing expenses, time and labour costs.

Vietnam is committed to opening the financial market to foreign investors, particularly in financial services.

The Ministry of Transport held a roundtable to discuss the possibility of direct flights to the US, and the opportunities and challenges facing the Vietnamese aviation sector.

HCM City should draft a master plan to develop its logistics sector, Pham Thanh Kien, director of its Department of Trade and Industry, said.

Business sectors that could capitalize on the 100 million population will be set for strong growth, said an expert.

The Ministry of Industry and Trade will send a delegation to Egypt to study investment in logistics and promote trade in the second biggest economy in Africa from December 1-6.

Vietnamese logistics is taking flight with new movements among international investors. 

Singaporean investors are continuing to pour capital into e-logistics firms to tap into the fast-growing market in Vietnam.

MyGo, Viettel Post’s app, will likely decide to focus its fleet on delivery services and drop ride-hailing.

Express delivery service providers have announced bigger investments in apps and technologies to give better experiences to customers.

The Internet boom, a young labor force and the strong development of e-commerce all help Vietnamese businesses access foreign markets, especially now that many next-generation FTAs have been signed.

E-commerce firms are now gathering strength for more costly investments rather than focusing on ads and promotions.

BEST Inc. - China's leading provider of logistics and smart supply chain solutions - inaugurated its courier service in Ho Chi Minh City on October 11.

E-commerce firms not only are spending big money to run marketing campaigns to lure more customers, but are also expanding their warehouse networks and logistics services.

Vietnam needs to address the shortcomings in its port infrastructure to fully benefit from its economic development.

Vietnam’s sea transport sector has maintained good growth recently with the volume of goods transported by the Vietnamese fleet reaching more than 81 million tonnes in the first half of 2019.

Vietnam is encouraging investors from all around the world to develop its ports, according to the Vietnam Maritime Administration.

Vietnam’s container throughput surpassed Hong Kong’s in the first half of this year, possibly in part due to trade diversion amid the trade war between China and the US, reported the Chinese news site Caixin Global.

The logistics sector has long been considered the backbone of trade activities. However in Vietnam, that backbone seems to have a lot of problems. 

Total goods exchange output will increase rapidly, bringing opportunities to Vietnam’s shipping firms.