Factors impact the current status of logistics service providers in Vietnam and strategies for development

Abstract

Logistics service providers (LSPs) are experiencing strong growth in recent times, especially in some developing countries like Vietnam. However, the development of LSPs is affected by many factors both internal and external. This paper aims to analyze the implications for the current status of LSPs. The authors conducted a survey for LSP in Central Vietnam. The survey results show that factors such as digital transformation, government policies, and infrastructure are the factors that affect the current situation of LSPs. Based on the research results, the article also makes some policy suggestions for the government to improve the policy mechanism and encourage the development of LSPs in Central Vietnam in particular and in Vietnam as a whole.