• More foreign investors enter Vietnam’s logistics industry

    More foreign investors enter Vietnam’s logistics industry

    The Hanoitimes – Foreign logistics firms have flocked to Vietnam’s logistics industry strongly through merger and acquisition (M&A) deals in a move to cash in on market opportunities. Warburg Pincus, the New York-based private equity firm that’s been betting on the growth of the Asian logistics sector, has recently formed a US$200 million joint venture to enter

  • High logistics costs engulf Vietnam’s businesses

    High logistics costs engulf Vietnam’s businesses

    VietNamNet Bridge – Logistics fees in Vietnam account for 20.9 percent of the country’s GDP, of which transport costs account for 60 percent, twice as much as developed economies such as Japan (11 percent) and EU countries (10 percent), according to the World Bank. Businesses complain about high logistics costs The problem is that the

  • Vietnam e-commerce boom a headache for logistics players

    Vietnam e-commerce boom a headache for logistics players

    Vietnam’s explosive e-commerce growth is providing big opportunities – and headaches – for online retailers and their logistics service providers. Yesterday, speakers at the Global Supply Chain Council’s eLog Forum in Ho Chi Minh City described the huge growth taking place and the challenges in last-mile operations. According to Amanda Rasmussen, chief operating officer at Indo Trans Logistics

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