The Vietnam Logistics Forum 2024 (VLF 2024) with the theme "Free Trade Zone - a breakthrough solution to promote logistics growth" will be held in Ba Ria - Vung Tau province in December.
The Import and Export Department of the Ministry of Industry and Trade, said that the Vietnam Logistics Forum 2024 will be the 12th forum to be held.
This year's forum was held in the context of many new features. Accordingly, the implementation of bilateral, multilateral and new-generation free trade agreements (FTAs) requires businesses to make efforts to improve their competitiveness.
In addition, the world economy in 2024 is forecast to continue to face many difficulties and challenges. Increasing geopolitical tensions, the complex and protracted conflict between Russia and Ukraine, the escalating conflict in the Gaza Strip, and attacks on transport activities in the Red Sea have affected the global supply chain of goods.In addition, the world economy in 2024 is forecast to continue to face many difficulties and challenges. Increasing geopolitical tensions, the complex and protracted conflict between Russia and Ukraine, the escalating conflict in the Gaza Strip, and attacks on transport activities in the Red Sea have affected the global supply chain of goods.
At the same time, the explosive development trend of e-commerce and cross-border e-commerce, along with the increasing requirements for green logistics and sustainable development, is both an opportunity and a challenge for Vietnam's logistics service industry.
In the context that the world still has many uncertainties, opportunities and challenges intertwined, the organization of the Vietnam Logistics Forum 2024 to discuss, propose and propose the implementation of many solutions to develop logistics services should be identified as one of the key tasks in the country's economic development.
According to the Import - Export Department, Vietnam has many potentials and advantages in the development of logistics services such as being strategically located in the dynamic development region of the world, having an economy on the verge of development, deep international integration, being the 8th emerging market with large consumption power, e-commerce tends to thrive, being the new manufacturing hub of the Asia - Pacific region.
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Gantry cranes are capable of lifting tens of tons when loading and unloading at Tan Cang, Lach Huyen. (Photo: Tuan Anh/VNA)
In addition, Vietnam has the advantage of a geographical location facing the sea, convenient for international transportation with a coastline of 3,260km, many deep-water ports, international airports, a transnational railway system and a convenient transportation network,...
Recently, Vietnam has been actively researching free trade zones in the world. This is a type of economic zone that can bring many benefits to Vietnam, contributing to promoting logistics services. Currently, Vietnam does not have a free trade zone. Recently, Da Nang city has been approved by the National Assembly for a pilot mechanism to establish a free trade zone, which is the basis for piloting new policy research, as a premise for legislating regulations on free trade zones for the whole country.
In the context of Vietnam's deep integration into the regional and world economy, active participation in FTAs and with geoeconomic advantages, the research and proposal to build, establish and develop the free trade zone model should be carried out early to take advantage of the opportunity. contributing to bringing Vietnam's logistics service industry more opportunities to develop and participate more deeply in the global logistics supply chain.
Ba Ria - Vung Tau is a coastal province in the Southeast region, located in the Southern Key Economic Region, at the gateway to the East Sea of provinces in the Southeast region, connecting with Ho Chi Minh City and other provinces and cities by road, inland waterway and air.
Over the years, Ba Ria - Vung Tau province has made many achievements in attracting FDI, developing production, promoting exports, playing a leading role in regional linkages of the Southeast. By 2030, the province will focus on improving the proportion of service industries in the economic structure, with special emphasis on tourism, finance, seaports and logistics.
In addition, the Politburo has issued Resolution No. 24-NQ/TW dated October 7, 2022 on socio-economic development and ensuring national defense and security in the Southeast region to 2030, with a vision to 2045. The Prime Minister has also issued Decision No. 370/QD-TTg dated May 4, 2024 approving the Southeast Regional Plan for the 2021-2030 period, with a vision to 2050.
Loading and unloading containers at Cai Mep port cluster, Phu My town, Ba Ria - Vung Tau province. (Photo: Hong Dat/VNA)
Accordingly, it has oriented "Forming a free trade zone associated with a seaport in the Cai Mep Ha area in Ba Ria - Vung Tau province." Along with that, the Prime Minister's Decision No. 200/QD-TTg also assigns the task of "Supporting to improve the efficiency of exploitation, marketing and expanding goods sources, improving the flow of goods at the Cai Mep - Thi Vai port cluster in Ba Ria - Vung Tau province, making the port cluster a focal point for collecting and transshipment goods in the region."
The early establishment of the Free Trade Zone in Ba Ria - Vung Tau province will be an important boost contributing to deeper and wider international integration, attracting investment capital, creating resonance to arouse the available potential of this locality.
In order to convey this message, gradually change the awareness of authorities at all levels and businesses related to the establishment, investment and development of free trade zones in order to promote trade, investment and international economic integration, orient and encourage multinational logistics corporations as well as large logistics enterprises to pay attention to, proactively cooperate in investment in the operation of the supply chain to soon improve competitiveness in the current context, The Vietnam Logistics Forum 2024 (VLF 2024), organized by the Ministry of Industry and Trade in collaboration with the People's Committee of Ba Ria-Vung Tau province, with the theme "Free trade zone - breakthrough solutions to promote logistics growth," will take place in early December at The Grand Ho Tram Hotel, Phuoc Thuan commune, Xuyen Moc district, Ba Ria - Vung Tau province. This is also the topic of the Vietnam Logistics Report 2024 which will be announced at the forum.
The forum is expected to gather more than 500 delegates including leaders of relevant ministries and branches; leaders of provinces and cities directly under the Central Government and the Southeast; representatives of international organizations in Vietnam, associations, domestic and foreign logistics, production and import-export service enterprises, experts and media and press agencies across the country.
Previously, the Ministry of Industry and Trade will organize a field survey delegation at major ports and logistics centers in Ba Ria - Vung Tau province as well as neighboring areas for delegates to attend the forum. Delegates who do not have the conditions to attend in person but are interested in the forum will follow all activities through the online channels of the program./.
