PM urges solutions to reduce logistics costs

09:50 | 20/07/2018 Economy- Society

A series of ministries, sectors and localities have been asked to join hands to implement their assigned tasks in a bid to cut down logistics costs pursuant to the Prime Minister's Directive No.21.

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Prime Minister, Nguyen Xuan Phuc, has issued Directive No.21/CT-TTg on promoting the implementation of solutions to reduce logistics costs and effectively connect transport infrastructure.

The document states that, despite directions from the Government and ministries on developing the logistics sector, the transport infrastructure system remains asynchronous and the links between means of transport is ineffective. Meanwhile, logistics centres connecting Vietnam with the world have yet to receive worthwhile investment, resulting in high logistics costs and low competitiveness of the Vietnamese economy.

To develop logistics into a sector of high added value, the PM has asked ministries, sectors and localities to put forth specific action plans to enhance the competitiveness and services of the logistics sector by 2025, as stipulated by the PM Decision No. 200/QĐ-TTg dated February 14, 2017.

The PM directed the Ministry of Transport to complete the policies and administrative procedures related to the transportation of goods to reduce transport costs and reduce the market share of road transport, while increasing sea, railway, and waterway transport.

The Government leader also asked the ministries concerned to improve their policies in order to attract more investment in logistics infrastructure aligned with e-commerce development.

Centrally-run provinces and cities are required to allocate land for the construction of distribution centres of goods and post-port services which are connected closely with the national transportation network.

Meanwhile, the Finance Ministry has been instructed to build appropriate policies on tax, fees and service prices to facilitate firms supplying multi-modal transportation services, among others.

Theo NDO