Vietnam Releases 2026-2030 Logistics Strategy Aiming to Lower Costs
The Vietnamese government has released a new logistics development strategy, planning to significantly reduce logistics costs and enhance global logistics competitiveness through tax incentives and infrastructure upgrades.
What are the key facts?
- 1Strategic period: 2026-2030
- 2Goal: Reduce logistics costs to 13%-15% of GDP
- 3Provides corporate income tax and land tax incentives
What happened?
The Vietnamese government has approved the logistics strategy for 2026-2030, targeting logistics costs to fall to 13%-15% of GDP. Eligible logistics projects may benefit from corporate income tax exemptions and land use tax incentives.
What does this mean for cross-border sellers?
Sellers in Vietnam should closely monitor changes in logistics costs and leverage policy incentives to optimize their cost structure. Many sellers may overlook the significant impact of policy on operational costs. Highest priority action: Assess and adjust your logistics operations strategy this week to adapt to the new cost structure.