Improving Vietnam’s Logistics Performance Index

The Ministry of Industry and Trade has just issued a Plan to improve Vietnam’s Logistics Performance Index (LPI).

Specifically, implementing the Government’s Resolution No. 02/NQ-CP dated January 1, 2019 on continuing to perform key tasks and solutions to improve the business environment and enhance national competitiveness. 2019 and orientation to 2021, on March 26, 2019, the Minister of Industry and Trade issued Decision No. 708/QD-BCT approving the Plan to improve Vietnam’s LPI.

The Plan sets out the goal of improving Vietnam’s ranking in the LPI ranking announced by the World Bank from now to 2025 by 5 – 10 steps (in 2018, Vietnam ranked 39th in the world in terms of rankings). LPI), actively contributing to improving the business environment, cutting costs, enhancing competitiveness in Vietnam’s logistics service provision, improving innovation capacity, etc. successfully implement the Government’s Resolution on socio-economic development.

The plan sets out 49 specific tasks associated with the roles of ministries, branches and localities, divided into task groups closely related to 6 component indicators in the LPI, including:

(1) Task group on upgrading infrastructure;

(2) Task group on improving delivery capacity;

(3) Task group on improving the capacity and quality of logistics service provision;

(4) Task group on technology application, optimization of traceability;

(5) Task group on shortening time and reducing costs;

(6) Task group on improving customs clearance efficiency;

(7) Group of auxiliary tasks.

The Import-Export Department is the focal agency of the Ministry of Industry and Trade to assume the prime responsibility for, and coordinate with ministries, branches and localities in, implementing, urging, inspecting and supervising the implementation of this Plan.

According to the Import-Export Department.

Source: http://www.vietnamshipper.com/