The logistics business associations of Vietnam and Thailand have expressed keen interest in boosting cooperation at a time when demand for merchandise trading in the region and the world is surging.
Speaking at a press conference in HCMC on Wednesday on TILOG-LOGISTIX 2016 exhibition on logistics services and solutions slated for September in Thailand, Visarn Chansate, president of the Thai Logistics Provider Federation, said both countries could do more to strengthen connectivity.
The ASEAN Economic Community (AEC) and ASEAN+6 will bring many opportunities for goods trading, which will in turn push up demand for logistics services.
As the second largest exporter in ASEAN, Thailand plays a key role in the increasingly sophisticated regional supply chain, especially in terms of meeting the rising demand for cross-border logistics services. These services include transporting machinery, parts and components, and managing supply chain functions, from sourcing to distribution.
Foreign manufacturers are setting up production bases in regional countries with lower production costs. Vietnam is a destination for investors in ASEAN+6 while Thailand is a hub for connectivity, so both countries can partner to provide sophisticated logistics infrastructure and services, Chansate said.
Do Xuan Quang, chairman of the Vietnam Logistics Association (VLA), said Vietnam and Thailand play an important role in logistics and the supply chain in the region when the AEC and ASEAN+6 are in place.
Quang however said Vietnam will need more sophisticated logistics infrastructure and services, strong global transportation networks and especially value-added logistics solutions. Vietnam’s Government has been focusing on developing logistics services by boosting investments in ports, highways, airports, and electronic customs to facilitate cross-border trade, and establish a national single window within the ASEAN single window intended to expedite cargo clearance within the context of increased economic integration in ASEAN.
Pittinun Samanvorawong, director of the Thai Trade Center and consul (commercial) in HCMC, said logistics and transportation collaboration within ASEAN is playing a crucial role and that logistics cooperation between Thailand and Vietnam will sharpen the edge of the logistics sector.
In order to support transportation and strengthen connectivity, especially in Cambodia, Laos, Myanmar and Vietnam, the Department of International Trade Promotion (DITP) under the Ministry of Commerce has held TILOG-LOGISTIX for the past 12 years.
The exhibition will introduce integrated logistics technologies and services such as material handling, warehousing, automated system, software and logistics services.
Partnership and networking opportunities with 415 brands from 25 countries are possible to enhance the effectiveness of logistics management through business networking and best practices in supply chain management.
According to the organizers, Vietnam businesses taking part in the exhibition will receive two free hotel nights. The exhibition is set for September 21-23.
Photo: CBR Investment AG