Logistics Service Providers in Central Vietnam: Current Status and Strategies for the Future-Reference-Cited by-同舟云学术

Logistics Service Providers in Central Vietnam: Current Status and Strategies for the Future

Published:2022-05-11 Issue: Volume:19 Page:1140-1154
ISSN:2224-2899
Container-title:WSEAS TRANSACTIONS ON BUSINESS AND ECONOMICS
language:en
Short-container-title:

Author:

Tran The Tuan ,¹,Do Quang Hung²,Dinh Quang Toan³

Affiliation:

1. Faculty of Transport Economics, University of Transport Technology, VIETNAM

2. Faculty of Information Technology, University of Transport Technology, VIETNAM

3. Student Support Center Startup and Corporate Relations, University of Transport Technology, VIETNAM

Abstract

The trend of globalization leads to an increased need for international freight transportation and accelerates the development of the global logistics industry. This paper aims to study logistics service providers' current status and strategies in central Vietnam. The study data sample was collected through a questionnaire form, responded by 488 companies outsourcing logistics services. The findings indicate a direction for the Central Vietnam authorities to follow in implementing the ideal investment prioritization and the appropriate regulations for improving its logistics industry. This study enriches the literature by investigating logistics study's current status and prospects in a transitional economy. It also offers invaluable information and implications for local providers, government authorities, and foreign logistic service providers interested in Central Vietnam's logistics industry.

Publisher

World Scientific and Engineering Academy and Society (WSEAS)

Subject

Economics and Econometrics,Finance,Business and International Management

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