A Brief Study Discussing Competitiveness of Vietnam Logistics Industry| Chapter 6| Modern Perspectives in Economics, Business and Management Vol. 4

 Vietnam is undergoing both a deep and broad integration with the global economy. For Vietnamese commodities, the world market is wide open, and vice versa. The logistics business is becoming increasingly crucial in the process of economic integration and opening up. Logistics, according to Porter [1,] is a functional area that contributes to value development. For economic operations, logistics is a tool that connects activities in the global value chain such as supply, production, distribution, and market expansion. The Council of Supply Chain Management Professionals claims that (CSCMP, 2013).Although the importance of logistics to the economy is recognised, the capability and contribution of logistics to the Vietnamese economy is still limited. According to the World Bank's publicly released numbers, the Vietnam LPI fluctuated from 39 to 64 from 2007 to 2018. The author, who teaches logistics supply chain management at Van Lang University in Ho Chi Minh City, is motivated by the reasons stated above. Take a pen and write down this research in Ho Chi Minh, Vietnam.The goal is to determine the impact of six sub-factors on the competitiveness of logistics, namely Customs, Infrastructure, International shipments, Logistics competence, Tracking and Tracing, and Timeliness; the case of Vietnam by analysing the current situation, related issues, and difficulties related to the competitiveness of Vietnam's logistics industry. Pepper is used to measure the competitiveness of Vietnam's logistics industry and uses qualitative methodologies, analysis, comparison, synthesis, and description tools to elucidate the theoretical underpinning of the industry's competitiveness and identify indicators. Quantitative research approaches are used.Establish the present situation of Vietnam's logistics service industry capacity from 2007 to 2018, utilising data collecting, data analysis, and statistical methodologies, and determine what factors affect the logistics service sector's competitiveness. Proposing essential viewpoints and ideas to increase the logistics service industry's competitiveness in Vietnam.

Author (S) Details

Vu Thi Kim Hanh
Faculty of Commerce, Van Lang University, 69/68 Dang Thuy Tram Street, Ward 13, BinhThanh District, Ho Chi Minh City, Vietnam.

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