News · VnExpress

EY: Vietnam's logistics costs could fall to 12% of GDP through greening

Ishita Dhamani, senior partner at EY Singapore, said greening supply chains and interconnecting digital data could help Vietnam save billions of US dollars in logistics costs. Vietnam's logistics costs, at 16-18% of GDP, are high compared with the world and weaken the competitiveness of factories and investment appeal; she estimated greening could bring them down to 12-15% of GDP. Green logistics goes beyond electric trucks or energy saving at seaports and includes multimodal corridors (rail, inland waterways, road), smart warehouses and circular logistics. Shipment data is not yet shared smoothly because parties use different software platforms, and a representative of the Ministry of Industry and Trade proposed a national single window, electronic documents and standardized national logistics data. A pilot green logistics corridor linking production areas with Cái Mép - Thị Vải port and the Mekong Delta cold-chain would be measured by emissions, energy use, cost per unit, on-time delivery rate and cargo losses.

Summary written by Upside AI from the original article. Read the source for full details.

Original headline: EY: Chi phí logistics Việt Nam có thể giảm về 12% GDP nhờ xanh hóa

Read the original on VnExpress ↗

Keywords

supply chainlogisticsVietnam

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Related tickers and likely impact

GMD

▲ Likely positive

Gemadept Shipping Holding

Relevance: low

MarketVietnam stocks
ExchangeHOSE
SectorIndustrial Goods & Services
IndustryTransportation Services
Market cap35,908 bn VND
P/E14.0
P/B2.62
Close on 10/27/202653.50
Change that session-3.25%
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VNINDEX

• Neutral

Relevance: low

MarketVietnam stocks
Close on 10/27/20261,761.87
Change that session-0.10%
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