Seaport infrastructure and logistics exhibition opens in Ho Chi Minh City

08:37 | 14/06/2019 Economy- Society

The first-ever exhibition on seaport infrastructure and logistics known as VIPILEC opened at the Saigon Exhibition and Convention Center in Ho Chi Minh City on June 12.

The event sees the participation of about 100 companies from 15 countries and territories

With an exhibition space of 3,000 square metres, the event sees the participation of about 100 companies from 15 countries and territories, offering enterprises access to advanced logistical technologies.

A wide range of logistics products are being showcased at the exhibition, including container shipping, goods loading and unloading equipment, cold storage, port technologies, smart logistics, warehousing and so on.

With annual revenue of US$40 billion, equivalent to 17-18% of Vietnam’s GDP, the logistics service has played an important role in the country’s economic growth and integration.

It is estimated that Vietnam has about 4,000 logistics enterprises, concentrated mainly in Hanoi and Ho Chi Minh City.

Amid the rapid growth of Vietnam’s logistics sector, the exhibition is regarded as taking place at an ideal time to bring about many business opportunities and provide updates on new trends in logistics and supply chain management.

The event, held by Informa Markets Vietnam and sponsored by the Vietnam Logistics Association (VLA) and the Vietnam E-commerce Association (VECOM), will last until June 14.

Theo NDO