A survey by Vietnam Logistics Association (VLA) revealed that 87 percent of logistic enterprises agreed that technology creates a competitive edge and 83 percent it’s up to them to better use technology. IT use in Vietnamese logistic firms, though at a medium level compared to the world, has increased in recent years. About 40-50 percent of businesses have used technology in transportation, higher than the 15-20 percent two years ago. Some big firms have even utilized technology from the world’s leading companies such as Oracle and IBM. Photo for illustration However, as most of them are small and medium sized enterprises (SMEs), they mostly use mandatory applications such as customs declaration software Manifest on the national one-stop system or truck positioning software. Only 10-15 percent of companies use technology to manage transportation, vehicles or warehousing. According to VLA’s chairman Dao Trong Khoa, it is high time for logistic firms … [Read more...] about Logistic firms advised to step up application of technology
Logistics
Logistic firms urged to get technological
Technology is seen as one way to help domestic logistic enterprises cut costs to gain an edge amidst higher demand in global transport. Logistics costs in Viet Nam are still high, accounting for 16.8 per cent of enterprises’ costs, higher than the average of 12.5 per cent in the Asia-Pacific region, in which transport cost accounts for up to 50 per cent. - Photo tapchitaichinh.vn A survey by Viet Nam Logistics Association (VLA) revealed that 87 per cent of logistic enterprises agreed that technology creates a competitive edge and 83 per cent it’s up to them to better use technology. IT use in Vietnamese logistic firms, though at a medium level compared to the world, has increased in recent years. About 40-50 per cent of businesses have used technology in transportation, higher than the 15-20 per cent two years ago. Some big firms have even utilised technology from the world’s leading companies such as Oracle and IBM. However, as most of them are small and … [Read more...] about Logistic firms urged to get technological
Seminar to promote links between logistics, e-commerce
Hai said that the development of e-commerce must be accompanied with quality logistics services as logistics are crucial for online sales. According to the ministry, since 2015, though logistics and delivery services have grown rapidly, they have not met the needs of e-commerce. High logistics and delivery costs in online sales has led to online purchase prices not being much lower than for traditional purchases, Hai said, adding that the quality of delivery services is low. Photo for illustration. Source: ven.vn In Vietnam, logistics enterprises and e-commerce firms are mainly small and medium sized, their scale of operation is not large, they lack professionalism, and they lack close links to serve customers. This is one of the reasons that online purchasing is unattractive to consumers and why logistics for e-commerce has not developed. Therefore, improving the efficiency of logistics services to support e-commerce is urgent. To tackle the problem, the Department … [Read more...] about Seminar to promote links between logistics, e-commerce
A seminar held to promote links between Logistics and E-commerce
The Ministry of Industry and Trade is planning to organise a conference themed ’Logistics and E-Commerce: Companion for Development’ on April 10. -- Illustrative photo ven.vnViet Nam News HÀ NỘI — Though logistics and e-commerce in Việt Nam is booming, the two sectors have been hamstrung by a lack of linkages between them, according to Trần Thanh Hải, deputy director of the Import-Export Department under the Ministry of Industry and Trade. Hải said that the development of e-commerce must be accompanied with quality logistics services as logistics are crucial for online sales. According to the ministry, since 2015, though logistics and delivery services have grown rapidly, they have not met the needs of e-commerce. High logistics and delivery costs in online sales has led to online purchase prices not being much lower than for traditional purchases, Hải said, adding that the quality of delivery services is low. In … [Read more...] about A seminar held to promote links between Logistics and E-commerce
Logistics decree underwhelms
Decree 163, which introduced new regulations for the logistics market, has yet to deliver on its promises, Photo: Le Toan According to Jan Segers, member of the European Chamber of Commerce in Vietnam’s (EuroCham) Transport and Logistics Sector Committee, Decree No.163/2017/ND-CP – promulgated in late 2017 and regulating conditions for logistics services – has yet to meet expectations of foreign businesses operating in the field. “At the moment, foreign investors in the logistics sector have yet to see an expansion of market access rights. Decree 163 was expected to have such an effect. However, it introduces an explicit requirement to comply with e-commerce regulations,” he told VIR. Under Clause 2, Article 4 of Decree 163, investors providing logistics services partially or entirely via internet-linked electronic networks, mobile phones, or other open networks have to comply with the regulations on e-commerce. At the same time, they have to abide by … [Read more...] about Logistics decree underwhelms