Vietnam logistics sector continues to charm investors
Investment in Vietnam’s logistics sector is on the rise as investors seek to make further inroads into the market of 100 million people with a fast-growing middle class.
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The US Department of Commerce (DOC) has announced an extension of the deadline for issuing its final conclusion on a duty evasion probe into hardwood and plywood imported from Vietnam.
The State Bank of Vietnam in mid March cut several policy interest rates for the first time in two years, and many domestic banks have followed suit.
Several e-commerce platforms in Vietnam reported a decrease in the value of sales despite having launched many promotions.
Investment in Vietnam’s logistics sector is on the rise as investors seek to make further inroads into the market of 100 million people with a fast-growing middle class.
The investor in the Rach Mieu 2 Bridge project has proposed the Ministry of Transport increase investment capital by VND1.6 trillion ($68 million) to VND6.8 trillion ($284 million).
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