At the beginning of the conference, Head of Ho Chi Minh City Office of Vietnam Maritime Administration, Ministry of Transport, Mr Pham Huy Toan said he hoped the event would provide useful insights to highlight the issues of regional shipping and logistics. He believed the conference had the potential to significantly contribute to participants’ governments for policy consideration.
“As we always know, shipping and logistics are very important sectors of Asian countries generally and Vietnam particularly,” Mr Toan said. “The Vietnamese government has conducted many workshops, conferences, seminars, and forums annually - discussing how to improve and develop these sectors efficiently. Through many presentations of scientific papers, the ICASL 2019 plays an important role in contributing to the knowledge of the field, and at the same time provides different solutions and suggestions for government, industries and education.”
RMIT Vietnam Head of School of Business & Management Associate Professor Mathews Nkhoma said that the theme of this year’s conference is also aligned with Vietnam’s economy, as the country’s growth is fuelled by greater regional and international integration and collaboration.
“According to a World Bank estimate, Vietnam’s logistics costs currently account for 20.9 per cent of GDP, which by comparison is higher than China’s 19 per cent, Thailand’s 18 per cent, Japan’s 11 per cent and the EU’s 10 per cent,” he said.
“And at a recent national logistics forum, Vietnam’s Prime Minister, Nguyen Xuan Phuc stated that high logistics costs were one of the hurdles obstructing the national economy’s competitiveness in a highly connected and integrated trade environment. Prime Minister Phuc emphasised that efforts to lower logistics costs need attention, particularly as Vietnam increases its participation in major free trade agreements.”