Vietnam ranked 11th among top 50 emerging logistics markets


Agility recently announced top 50 emerging logistics markets, Vietnam ranked 11th position in the list, compared to the last year, Vietnam dropped down 3 places.

Agility’s list bases on 4 main elements: domestic logistics and international logistics opportunities, digital index, business policy.

Specifically, Vietnam marked 5,02 points in domestic logistics opportunities, placed 18th positions, remains unchanged since 2021. According to World Bank, the country’s GDP growth will see increment from 2,6% in 2021 to 7,5% in 2022. This is expected to create new logistics chances for businesses.

In the other hand, Vietnam ranked 4th position in international logistics chances and  expected to have large potential in South East Asia region. Many global firms are finding ways to diversify supply and reduce dependency in China market.

Agility also assessed other factors of Vietnam: business policy and digital index ranked 20 and 14 respectively. Although facing many challenges, logistics sector of the country remains growth since utilize effectively FTAs, manufacturing and consumption growth, ecommerce boom which altogether brought opportunities for domestic market.

According to Vietnam Ministry of Planning and Investment (MPI), manufacturing sector’s leading the market in gaining 18,1 billion dollar of investment, holding 58,2% in total registered capital. In 2021, Foxconn raised total investing capital to Vietnam to 2,2 billion USD. 


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