OVERVIEW OF VIETNAM LOGISTIC MARKET – BINH DUONG PROVINCE
OVERVIEW OF VIETNAM LOGISTIC MARKET – BINH DUONG PROVINCE

According to the Logistics Market Index report published by transportation and logistics service provider Agility, Vietnam ranked 10/50 emerging logistics markets, up 1 level compared to the previous year. With an average annual industry growth rate of 14 – 16%, the quantity and quality of logistics services are improved, making an important contribution in bringing Vietnam’s total import-export turnover in 2022 to 732, 5 billion USD, an increase of 9.5% compared to 2021.

Market potential is increasing as Vietnam participates in many international trade agreements, especially The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the EVFTA Agreement. This creates opportunities for Vietnamese Logistics businesses to access international markets and cooperate with international partners.

Especially the Vietnamese Logistics market in general and Binh Duong in particular, with strengths in industrial development, Binh Duong determined that promoting logistics services is the foundation to attract foreign investment, promote linkages, and international economic integration, becoming the logistics center of the Southern region.

One of the outstanding projects is the Cross-border E-commerce Center (75 hectares), invested by Warburg Pincus Group (USA) and joint venture partner Becamex IDC in Binh Duong New City, including areas High-tech factories, air freight warehouses, cross-border e-commerce warehouses, bonded warehouses…

From May 23-25, 2024 at the WTC Expo, Vietnam Warehousing & Automation Show will be a unique trade connection opportunity for warehouse and automation infrastructure developers. Automation, Materials Handling, Storage, AIDC, Transportation Technology and Supply Chain.

Please register to participate in the exhibition via: https://www.vietnamwashow.com/exhibitor-registration

To reserve a booth, please contact: Ms. Do Thi Tuong Vy | Mobile phone: +84 398 912 156

Register to visit: https://www.vietnamwashow.com/visitor-registration

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