Prime Minister Pham Minh Chinh attends the Viet Nam Logistics Forum, Da Nang City, November 29, 2025 - Photo: VGP

According to the World Bank's 2023 report, Viet Nam was ranked 43rd out of 139 countries in the Logistics Performance Index (LPI) and was among the top 5 in ASEAN. In recent years, logistics costs have fallen to about 16 percent of GDP (from the figure of over 20 percent in 2014), saving billions of US$ annually for import–export businesses.

The logistics business sector has grown steadily, with more than 34,000 enterprises.

The logistics service sector has experienced rapid and stable growth, averaging 14–16 percent per year, contributing directly 4.5–5 percent of GDP annually.

These achievements have directly contributed to enhancing the competitiveness of goods, reducing import–export costs, promoting international trade growth and domestic goods circulation, with Viet Nam's international trade volume projected to reach about US$900 billion in 2025.

However, logistics costs in Viet Nam remain high compared to regional countries. Regional linkages and infrastructure connectivity are still vulnerable to disruptions caused by natural disasters.

Speaking at the event, the Prime Minister called for connecting logistics databases with the National Single Window, strengthening international cooperation on green and low-carbon logistics and maintaining a value-added share of about 20–25 percent by 2030.

The nation should focus on training human resources to support green, digital, smart, and modern logistics development and developing large and multinational logistics enterprises capable of participating in global value chains, he noted.

The Government leader also called for fostering the development of a range of related services that support the logistics sector, such as banking, insurance, financial centers, securities, healthcare, and education.

It is necessary to enhance linkage and integration of Viet Nam's logistics system with regional and international logistics networks, he underlined./.