ITL addresses "Digital and Green Transformation" challenges in the logistics industry

Vietnam International Logistics Exhibition 2024 (VILOG 2024) took place from August 1-3, organized by the Ministry of Industry and Trade with the theme "Green Logistics - Foundation for Sustainable Development." Featuring 400 booths from over 300 companies across 20 countries, this year's event saw a 30% increase in participation compared to last year. The exhibition highlighted Vietnam's growing logistics industry, which ranks 43rd in the World Bank's Logistics Performance Index (LPI) and is among the top 5 in Southeast Asia and top 10 emerging markets globally. In the first seven months of 2024, the logistics sector contributed to a 17.1% increase in Vietnam's total trade turnover, reaching USD 439.88 billion.

A significant focus of VILOG 2024 was the industry's efforts in green and digital transformation. ITL Corporation, a co-sponsor of the event, showcased practical solutions for sustainable logistics. ITL's booth attracted thousands of visitors, demonstrating its integrated services and innovations in managing and optimizing supply chains. ITL officially launched VELA (One-Stop Logistics Platform), integrating customs procedures, warehousing, and transportation services into a single digital platform. This initiative aims to streamline logistics operations, providing accurate quotes, electronic contracts, and real-time order tracking.

ITL also introduced a transportation service combining 500 trucks and containers with 34 barges, emphasizing cost efficiency and environmental benefits. Barge transport, with its lower fuel consumption and reduced CO2 emissions, contributes to easing road traffic and minimizing traffic jams. In recognition of its sustainability efforts, ITL received the Label Leaf Level THREE from Green Freight Asia Non-Profit Association (GFA) in 2022. This certification acknowledges ITL's commitment to green freight programs, fuel-efficient trucks, and adherence to Euro 4 emission standards.

By actively promoting digitalization and green logistics at VILOG 2024, ITL reaffirms its status as a leading provider of integrated logistics solutions in Vietnam. With a comprehensive logistics ecosystem including aviation, freight management, contract logistics, port logistics, and digitalized logistics, ITL is well-positioned to offer diverse and seamless solutions. The company's ongoing efforts in digital transformation and emission reduction align with Vietnam's carbon neutrality goals by 2050. ITL's representative emphasized the importance of these initiatives in fostering sustainable development and long-term value for customers and the community.