Ho Chi Minh City: Making logistics a spearhead economy

Abstract

The project of developing the logistics sector in HCMC to 2025, orientation to 2030 ofthe Department of Industry Trade of HCMC was approved by the People’s Committeeof HCMC have paved the way to make the logistics sector a spearhead economy not only for the city but also for the whole area. With the project, HCM expects to raise its contribution proportion from the logistics sectors’ to 8%-10% of GDP, with the growth of 15%-20%. At the same time, they expect to have a professional logistics sector, helping to raise the logistics service outsourcing proportion to 50%-60% and to cut Vietnam’s logistics expense to 16% of GDP in the year of 2025.