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EVFTA to boost logistics industry development

December 26, 2019 / sggpnews

Ta Hoang Linh, Director of the European-American Markets Department under the Ministry of Industry and Trade, delivered the remarks at a seminar held in Hanoi on December 24. Trade relations between the EU and Vietnam within the EVFTA framework will increase the transportation demand not only between the EU and Vietnam but also between the EU and Southeast Asia, Linh said. Besides transportation, demand for warehousing services will also increase, thus we need to improve the quality of the transportation and warehousing, especially because Vietnam’s and the EU’s logistics industry is developing at a different rate, Linh added.