Many solutions to reduce logistics costs

Many solutions to reduce logistics costs

VCN - On December 20, the Logistics Forum with the Europe - America region 2022 organized by the Ministry of Industry and Trade in Ho Chi Minh City, the speakers shared many experiences, in order to reduce logistics costs for businesses in the current dif
Profits of enterprises exporting rice are different

Profits of enterprises exporting rice are different

The positive rice export results since the beginning of the year have brought profits for many exporters, but some companies have suffered losses or sharply reduced profits
Export enterprises struggle in cost storm

Export enterprises struggle in cost storm

Input costs for production are skyrocketing, and logistics costs have not yet dropped to pre-pandemic levels, increasing production costs of exporters significantly.
Deputy Minister of Planning and Investment: The real economy situation exposed via positive growth

Deputy Minister of Planning and Investment: The real economy situation exposed via positive growth

According to the Ministry of Planning and Investment (MPI), GDP growth in the second quarter of 2022 is 7.72%, a positive growth figure amid the drastic implementation of economic recovery solutions.
Logistics businesses must manage to reduce costs

Logistics businesses must manage to reduce costs

VCN – Speaking with Customs News, Mr. Nguyen Tuong, Senior Advisor of the Vietnam Logistics Service Enterprises Association (VLA) said that thanks to the implementation of new generation of free trade agreements (FTAs), import-export firms will benefit most, thereby stimulating the development of the logistics industry.
Lowering logistics costs key to competitiveness

Lowering logistics costs key to competitiveness

Lowering logistics costs is key to increasing the competitiveness of Việt Nam’s export products and the whole economy.
Logistics costs keep challenging exports in the second quarter

Logistics costs keep challenging exports in the second quarter

The Russia-Ukraine conflict is hurting the supply of production materials; transportation and logistics costs keep escalating over the past two years with no sign of "cooling down".
The burden of transportation and container rental costs are weighing heavily on businesses

The burden of transportation and container rental costs are weighing heavily on businesses

Export and import businesses are suffering from skyrocketing costs of transportation and renting export containers.
Overcoming obstacles to reduce logistics costs

Overcoming obstacles to reduce logistics costs

VCN - In 2010, the city's market share in container exploitation in the South accounted for 90%, but by 2020 it will only be 58%.
Inland waterway transport - maintaining the supply chain amid the pandemic centre, reducing logistics costs

Inland waterway transport - maintaining the supply chain amid the pandemic centre, reducing logistics costs

The amount of import and export goods is increasing daily, while road transport reveals many shortcomings, water transport is considered a "salvation" to maintain supply chains
Many factors affect logistics costs to increase

Many factors affect logistics costs to increase

VCN - Logistics costs are an important part of the competitiveness of exported goods. Enterprises reported that they are facing many difficulties, including increased logistics costs and raw material costs.
Pepper exporters face the risk of losing market share because of logistics costs

Pepper exporters face the risk of losing market share because of logistics costs

Recently, the US and EU have bought pepper from Brazil because its quality is not different from that of Vietnam.
Solve shortcomings and cut transportation costs to reduce logistics costs

Solve shortcomings and cut transportation costs to reduce logistics costs

An interview with Tran Thanh Hai, the Deputy Director of the Import-Export Department under the Ministry of Industry and Trade about logistics
Unreasonable difference

Unreasonable difference

VCN- According to a review by the World Bank, in the 2011-2015 period, the inland waterway sector accounted for 2-3% of the annual budget invested in the transport sector.
Cutting logistics costs: “the key” to empowering Vietnamese goods

Cutting logistics costs: “the key” to empowering Vietnamese goods

VCN - The logistics costs of Vietnam are still quite high compared to other countries in the region, directly affecting the competitiveness of Vietnamese enterprises and goods.
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