With the changing global economic landscape, Vietnam, with its advantageous geographical location and stable economic environment, has emerged as a new logistics hub in Southeast Asia. As one of the core regions for global supply chain restructuring, Vietnam’s logistics industry has experienced rapid growth in recent years, attracting considerable attention from domestic and international investors. From the continuous improvement of infrastructure to the increasing support from policies, Vietnam is using its logistics industry as a driver to further boost its economy.

Located in the central part of Southeast Asia, Vietnam boasts a long coastline and numerous deep-water ports, making it an important transportation hub for access to China, ASEAN, and other Asia-Pacific countries.

1. Port Facilities
   • Vietnam currently has 3,200 kilometers of coastline and 114 ports. Among them, Cat Lai Port in Ho Chi Minh City and Hai Phong Port in Hai Phong are the largest ports in the region by cargo throughput, with deep-water capabilities that can accommodate large international vessels.
   • In 2023, Cat Lai Port handled more than 160 million tons of cargo, a 10% year-on-year increase, further solidifying its position as a key trade transit hub in Southeast Asia.
2. Connection with Regional Economies
   • Vietnam shares borders with China, Laos, and Cambodia, with seamless rail, road, and river connections to these countries.
   • Additionally, Vietnam is a core member of free trade agreements such as the RCEP and CPTPP, making its position in regional supply chains increasingly important.

The Vietnamese government recognizes the importance of the logistics industry to the country’s economic development and has introduced a series of incentive measures.

1. Infrastructure Investment
   • The government plans to increase the integrated transport capacity of railways, roads, waterways, and air transport by over 50% by 2030, with a focus on building regional logistics centers.
   • For example, the government has invested in the construction of the Bac Ninh Logistics Park in the north and the Binh Duong Logistics Park in the south, providing favorable policies for warehousing, transportation, and distribution companies.
2. Tax and Land Support
   • New logistics companies can enjoy a 4-year corporate income tax exemption, as well as preferential land lease terms of up to 30 years.
   • For high-value sectors such as cold-chain logistics and cross-border e-commerce warehousing, the government offers additional financial subsidies.
3. Cross-border Logistics Facilitation
   • Vietnam has significantly reduced logistics costs for importers and exporters by streamlining customs procedures and improving clearance efficiency.
   • The Vietnamese Customs has launched the automated electronic clearance system (VNACCS/VCIS), which enables online and efficient customs clearance for goods.