The "key" to global value chain integration
According to Mr. Pham Tan Cong, Chairman of the Vietnam Federation of Commerce and Industry (VCCI), the national strategy on green growth for the period 2021 - 2030, with a vision to 2050, has set the goal of "greening" economic sectors, promoting economic restructuring associated with innovation of environmentally sustainable growth models and social equity. "Developing green logistics" is one of the tasks assigned to relevant ministries and branches in this strategy.
“To implement this strategy, the Prime Minister approved the National Action Plan on Green Growth for the 2021-2030 period, in which logistics services are one of the 18 key topics of the plan,” Mr. Cong informed.
At the same time, by setting clear emission reduction targets in the Action Program on Green Energy Transition in the Transport Sector, Vietnam is building a solid policy foundation, promoting multimodal transport, encouraging the use of cleaner fuels and digital technology .
Mr. Pham Tan Cong spoke at the green logistics forum held on the afternoon of July 11.
According to the Chairman of VCCI, developing green logistics is no longer a trend but is gradually becoming an inevitable requirement for activities throughout the stages of purchasing raw materials, production, distribution, delivery, waste treatment, and the entire life cycle of the product.
Resolution No. 163/NQ-CP of the Government on promoting the synchronous implementation of key tasks and solutions to enhance competitiveness and develop Vietnam's logistics services also identified "logistics development associated with sustainable supply chains".
In particular, with the increasingly deep integration of the economy, Vietnamese enterprises have updated the world's increasingly strict standards on green and sustainable development. Green logistics has been at the center of the development strategy, environmental responsibility and legal requirements, even the competitive advantage of enterprises.
Delegates attending the forum.
Mr. Dao Trong Khoa, Chairman of the Vietnam Logistics Services Association (VLA), also said that in the context of the world economy facing unprecedented fluctuations, from supply chain disruptions, exchange rate fluctuations, rising transportation costs, to technical barriers such as carbon taxes and ESG standards from major markets such as the US and Europe, the Vietnamese logistics industry is facing a historic turning point.
“Green transformation is no longer an option but has become a mandatory requirement for Vietnamese logistics enterprises to integrate more deeply into the global value chain, improve competitiveness and affirm their position,” Mr. Dao Trong Khoa affirmed.
The VLA Chairman expressed pride that this event received strong support from the Government, especially from Prime Minister Pham Minh Chinh, along with the companionship of ministries, branches and the business community.
A fulcrum for businesses to overcome market "shocks"
Mr. Tran Thanh Hai, Deputy Director of the Import-Export Department (Ministry of Industry and Trade) said that according to the WB report in 2023, Vietnam ranked 43rd in the logistics efficiency index, in the top 5 of ASEAN. Vietnam's average annual logistics growth rate of 16% makes an important contribution to bringing Vietnam's total import-export turnover in 2024 to more than 786 billion USD.
In recent years, the world market has witnessed major “shocks” that not only affected the flow of global goods but also posed urgent requirements for the adaptability and recovery of the global logistics industry. In this context, green logistics is identified as the key, the fulcrum for global enterprises, including Vietnamese enterprises, to overcome the above “shocks”.
According to Mr. Tran Thanh Hai, green logistics is becoming the new standard of export markets and customer requirements, in which the large European market has implemented the CBAM mechanism - imposing carbon tax on imported goods with high emissions. In particular, owning green certificates, businesses are creating for themselves a superior competitive advantage in an increasingly fiercely competitive market.
“In Vietnam, the logistics industry is creating many favorable conditions as the Party and State are very interested in investing and expanding infrastructure, especially transport infrastructure with a key highway system to help transport businesses save time and transportation costs,” said Mr. Hai.
According to Mr. Hai, the logistics industry is receiving great opportunities as Vietnam is becoming one of the countries experiencing an e-commerce boom. In 2024, the scale of Vietnam's retail e-commerce market will reach 25 billion USD, an increase of 20% compared to the previous year.
However, when participating in the greening process, businesses will face some challenges. First of all, awareness, habits, and infrastructure do not meet the development of green transportation. Greening requires a large investment cost, causing difficulties for businesses, especially SMEs. In addition, businesses face challenges when choosing technology or lack a team of experts with knowledge and implementation capacity.
Source: https://vtcnews.vn/logistics-xanh-loi-the-canh-tranh-de-doanh-nghiep-viet-but-toc-ar953889.html
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