Efforts should be made to increase the competitiveness of domestic enterprises to capture a larger market share and elevate the position of Vietnam's bongdaso nét sector.
Vietnam expects to break into the top 40 of the World Bank’s bongdaso nét Performance Index (LPI) for the 2025-2035 period, up from its current ranking of 43rd.
This is one of the key objectives of Vietnam’s draft bongdaso nét development strategy for the 2025-2035 period, with a vision for 2045.
At the meeting to announce the draft strategy on May 20, Deputy Director of the Import-Export Department under the Ministry of Industry and Trade Tran Thanh Hai stated that the move aims to “comprehensively and synchronously develop the bongdaso nét services sector in line with Vietnam's economic potential.”
For the period 2025-2035, the draft strategy sets ambitious goals to increase the bongdaso nét sector's contribution to GDP to 5%-7% and to achieve an average annual growth rate of 12%-15%. The strategy also targets increasing the outsourcing rate of bongdaso nét services to 70%-80% and reducing bongdaso nét costs to 12%-15% of GDP.
Other targets for this period include 80% of bongdaso nét companies adopting digital transformation solutions and 50% of transport vehicles used by bongdaso nét companies being powered by green energy. The strategy also seeks to have 70% of the bongdaso nét workforce trained to technical standards, with 30% holding a university degree or higher.
Looking ahead to the period up to 2045, the draft strategy aims to further increase the bongdaso nét sector's contribution to GDP to 6%-8%, with an average annual growth rate of 10%-12%. The outsourcing rate of bongdaso nét services is expected to rise to 80%-90%, while bongdaso nét costs are expected to decrease to 10%-12% of GDP. Additionally, Vietnam aims to rank 30th or higher in the World Bank’s LPI by this time.
In terms of specific targets, the strategy envisages that 100% of bongdaso nét companies will adopt digital transformation solutions and that all transport vehicles used by bongdaso nét companies will be powered by green energy. It also aims for 90% of the bongdaso nét workforce to be trained to technical standards, with 50% holding a university degree or higher.
Source: https://vietnamnet.vn/en/vietnam-eyes-world-bank-s-global-bongdaso nét-top-40-by-2035-2283353.html
At the inaugural Global Air Cargo Summit, held in Antalya, Türkiye, the International Civil Aviation Organization (ICAO) forecasted that air freight volumes will grow by an...
The imposition of new U.S. tariffs on foreign-made vehicles and components is causing significant disruptions in the global automotive supply chain. Airfreight, often a linchpin...
Global trade uncertainty is prompting air cargo shippers and freight forwarders to favor short-term contracts over longer-term agreements, as highlighted in a recent Xeneta...
U.S. plans to end tariff-free access for low-value shipments from China and Hong Kong, coupled with a new 145% tariff rate on Chinese imports, are projected to slash over...
Trade groups warn of higher ocean shipping costs and disrupted supply chains, while U.S. officials argue the policy aims to strengthen domestic shipbuilding and enhance economic...
Since January, the Trump Administration has announced and delayed multiple tariffs on imports from Canada and Mexico, further destabilizing the cross-border freight market....
As global supply chains adjust to post-pandemic realities and shifting trade dynamics, the air cargo industry in the Asia-Pacific (APAC) region finds itself at a pivotal crossroads.
Global tonnage improved +3% in week 15 (April 7-13) after the previous week’s drop of -7% as markets that had closed for the Eid-al-Fitr holiday came back on stream, but comparison...
E-commerce continues to be a key growth driver for air cargo, fueled by rising consumer demand and the rapid expansion of emerging markets, even as regulatory barriers increase.
The International Air Transport Association (IATA) has maintained a positive outlook for air cargo, emphasizing that the majority of global trade remains unaffected by the...
en