Vietnam Releases 2026-2030 Logistics Strategy Aiming to Reduce Costs
The Vietnamese government has approved a logistics development strategy for 2026-2030, aiming to lower logistics costs as a percentage of GDP to 13-15% through tax incentives and infrastructure improvements. This move will significantly enhance the fulfillment environment for cross-border e-commerce in Vietnam.
What are the key facts?
- 1Target: Reduce logistics costs to 13-15% of GDP by 2030
- 2Incentive Policies: Corporate income tax exemptions and reductions, land-use tax exemptions
- 3Strategy Period: 2026-2030
What happened?
The Vietnamese government has approved the logistics strategy for 2026-2030, targeting to reduce logistics costs to 13-15% of GDP and improve global logistics performance rankings. Relevant logistics projects can enjoy corporate income tax exemptions and land-use tax reductions.
What does this mean for cross-border sellers?
Improvements in Vietnam's logistics environment will reduce fulfillment costs for cross-border e-commerce. Sellers are advised to focus on Vietnam's potential as a logistics hub in Southeast Asia and optimize regional warehousing layouts.