VLA says the logistics costs are 16-17 percent of GDP
Nguyen Tuong, senior advisor to VLA, said on the sidelines of the VLA annual conference on November 17 that logistics costs are one of the most important issues mentioned in the VLA 2018 White Book, the publication launched as the official voice on logistics-related activities.
|The Vietnam Logistics Association (VLA) says that logistics costs in Vietnam are 16-17 percent of GDP, not 20.9 percent as reported before by several institutions.|
The proportion is higher, 10-20 percent, in consumer goods, e-commerce, retail, garment and farm produce. Of logistics costs, the expense for transport services accounts for the highest proportion, 60-80 percent, followed by handling and customs services.