Qualified labour lacking in logistics

Vietnamnews

Update: October, 13/2017 – 09:00

The country needs roughly 20,000 high-quality workers meeting professional requirements. — Photo vneconomy.vn

Viet Nam News

HÀ NỘI — Việt Nam’s logistics sector is facing a shortage of high-quality human resources and needs co-operation in training among the Government, universities, businesses and associations.

Speaking on Thursday at a workshop in Hà Nội on upgrading the logistics workforce, deputy head of the Ministry of Industry and Trade’s Department of Export-Import, Trần Thanh Hải, said only 1,300–1,500 out of over 3,000 logistics suppliers work effectively in Việt Nam. Continue reading “Qualified labour lacking in logistics”

Advertisements

Logistics: Out to the world

Last update 15:07 | 10/09/2017

Despite being in its early stages of development, Vietnam’s logistics sector remains on the radar of foreign investors thanks to the country’s skilled workforce, relatively low costs, and rapid e-commerce development. 

Samsung signed an agreement to cooperate with the Minh Phuong Logistics Corporation, one of Vietnam’s leading logistics companies, in July, according to South Korean media, and this was not the first time it has announced an investment in Vietnam’s logistic market.

Broad appeal

Vietnam’s logistics sector, vietnam economy, business news, vn news, vietnamnet bridge, english news, Vietnam news, news Vietnam, vietnamnet news, vn news, Vietnam net news, Vietnam latest news, Vietnam breaking news

Samsung said in a statement that it had closed a deal with Minh Phuong to establish a joint enterprise. This is the fourth time Samsung SDS has launched a joint enterprise in order to establish itself in an overseas market, and is the second time in Vietnam. Continue reading “Logistics: Out to the world”

Samsung sets up logistics company as market heats up

Last update 16:00 | 10/08/2017
VietNamNet Bridge – Setting up a logistics joint venture with Minh Phuong, Samsung has shown that it wants to jump into a new business field in Vietnam. But the move may trigger a new war in the domestic logistics market.vietnam economy, business news, vn news, vietnamnet bridge, english news, Vietnam news, news Vietnam, vietnamnet news, vn news, Vietnam net news, Vietnam latest news, Vietnam breaking news, Samsung, logistics services, SYK

For the majority of Vietnamese, Samsung means smartphone, TV and washing machine. However, the South Korean investor has been taking steps towards the logistics markets.

Before joining hands with Minh Phuong, Samsung teamed up with ALS, also a logistics company, to manage the goods terminal at Noi Bai Airport, one of the two largest airports in Vietnam.

Samsung’s involvement in the management at the goods terminal at Noi Bai helps Samsung ensure delivery time and smooth operation of the supply chain. Noi Bai is the biggest export portal for Samsung’s electronic exports manufactured at its two factories in Bac Ninh and Thai Nguyen.

Samsung’s involvement in the management at the goods terminal at Noi Bai helps Samsung ensure delivery time and smooth operation of the supply chain. Noi Bai is the biggest export portal for Samsung’s electronic exports manufactured at its two factories in Bac Ninh and Thai Nguyen.

However, the cooperation with Minh Phuong is another story. The owner of the company was once praised by Bloomberg as the ‘logistics Queen’ of Vietnam. To take part in the domestic logistics market, where road transport makes up 65 percent of the market share, joining hands with Minh Phuong was the most efficient choice. Continue reading “Samsung sets up logistics company as market heats up”