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The Hanoitimes - Vietnam’s rise of three ranking positions to 8th overall is the fastest rise in the top half of the Index and displaces regional partner Thailand in the top 10. Vietnam moved up three places to 8th in the top 10 countries of the Emerging Markets Logistics Index 2021 by Agility, one of the world’s top freight forwarding and contract logistics providers. Cargos handling at Dinh Vu port, Hai Phong. Photo: Pham Hung Among countries in ASEAN, Vietnam stood at third behind Indonesia (3rd overall) and Malaysia (5th), and was above the likes of Thailand (11th), the Philippines (21st) and Cambodia (41st). According to Agility, Vietnam’s handling of the Covid-19 pandemic has been one of the most successful globally, with data from Johns Hopkins University showing less than 1,500 reports of Covid-19 cases in the country in 2020. The combination of social and economic restrictions with a strict and comprehensive testing and tracing system, saw lockdowns last less than three months, and by June many factories were reopened and domestic operations were recovering quickly, it said. “The steps taken by Vietnam in 2020 propel it into the top 10 ranking in 2021 – its rise of three ranking positions to 8th overall is the fastest rise in the top half of the Index and displaces regional partner Thailand in the top 10,” stated the logistics firm. “The country’s economy has performed well as a result of the minimal domestic disruptions and is set to be one of the best performing globally in 2020,” noted the report. The foundation provided by the strong performance in 2020 is expected to underpin a 2021 expansion of 6.5% as domestic and international conditions normalize and the Covid-19 pandemic recedes. In recent years, Vietnam has added significant hightech manufacturing capacity, helping attract investment from producers higher up the value chain as costs in China increased. The option to avoid additional costs associated with …

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The Hanoitimes - Hanoi identifies the logistics sector essential to meet the demand of nearly 300,000 enterprises in the city and further support the its socio-economic development process. Hanoi plans to have a total of 10 logistics centers, and the city has approved investment plans for six, other three are under research and one is looking for investors, according to Vice Chairman of the Hanoi People’s Committee Nguyen Van Suu. Overview of the dialouge. Photo: Thanh Hai. With nearly 300,000 operational enterprises, logistics services play a key role for Hanoi’s development, stated Mr. Suu at a high-level panel dialogue in the Vietnam Logistics Forum 2020 held on November 26. In Hanoi’s annual investment conferences, the city has always been calling for investments for logistics centers, he added. In addition to the development of inland container depot (ICD), one of Hanoi’s advantages is a network of major rivers, so that the city is planning to build a network of container ports to boost inland waterway transportation, Mr. Suu informed. Minister of Industry and Trade Tran Tuan Anh said the ministry and Hanoi’s authorities would continue to cooperate to realize the goal of turning Hanoi into a logistics hub of not only Vietnam but also the region. As the city is pushing for the development of transport infrastructure, logistics services and innovative startups, Mr. Anh said Hanoi could become an example for other provinces and cities in taking logistics as a driving force for socio-economic development. Overview of the dialouge. Photo: Thanh Hai. Staying central in new regional supply chains To further support the development of logistics companies, Deputy Minister of Finance Vu Thi Mai said customs authorities are applying new technologies to save costs and time for the business community, including the recent deployment of GPS positioning seal system to track all import-export shipments transported …

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On behalf of the real estate enterprises, Mr. Le Hoang Chau, Chairman of the Ho Chi Minh City Real Estate Association (HOREA), said that compared to the previous year, there was an additional petition of Gamuda Land Joint Stock Company. The petition states that while waiting for the Prime Minister to decide on a VND514-billion deduction following the recommendations of the Government Inspectorate, over the past time, construction investment and business activities of the company have been stagnant, affecting the reputation and brand of this company in 10 years of operation in Vietnam. As for the matter of social housing, Mr. Le Huu Nghia, CEO of real estate developer Le Thanh, said that they were considering whether to develop social housing again. Because of too many difficult procedures, many people advised him to play safe by switching to develop commercial real estate. At the Le Thanh Tan Kien social housing project in Binh Chanh District, although the HCMC People's Committee had directly instructed to remove obstacles, after three years of implementing the project, now it backs to square one. Although the regulation for the processing time of the application by authorities is 215 days, in fact, the processing of the application can take a lot longer than that because the application must be transferred between departments and districts. Even a document from the urban management office to the district People's Committee takes several months. Moreover, although the social housing projects are invested by enterprises from start to finish, they are audited as projects using capital from the State budget. Meanwhile, the auditors are too strict. They slap them with high fines on petty mistakes, discouraging investors, Mr. Le Huu Nghia explained. Le Thanh Company is one of 20 enterprises that have petitioned the city through the summary of HOREA. This list shows that many petitions had been raised by investors at meetings with the city leaders in the past years, …

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