HCMC (Ho Chi Minh City) is set to elevate its logistics sector to become a key service industry, targeting a revenue growth of 15% by 2025 and 20% by 2030. As part of this vision, the city will develop eight logistics centers covering over 750 hectares.
These centers include Cat Lai – Phu Huu – Thu Duc City (area of 292 hectares); Long Binh – Thu Duc City (area 54 ha); Linh Trung – Thu Duc City (area 74 ha); Cu Chi – Cu Chi district (area 15 ha); Tan Kien – Binh Chanh district (area 60 ha); Hiep Phuoc – Nha Be district (area 100 ha); Tan Hiep commune, Hoc Mon district (area 150 ha). Additionally, various projects with similar functionalities, such as cold storage in Vinh Loc Industrial Park and an e-commerce warehouse in Cu Chi, are underway by private enterprises.
The announcement was made by Mr. Nguyen Tuan, Deputy Director of the Ho Chi Minh City Trade and Investment Promotion Center (ITPC), during the seminar “Improving the Capacity of Logistics Systems and Seaports in Ho Chi Minh City for Economic Growth and Regional Integration” held on July 7th. The city has approved the plan for the development of the logistics sector until 2025, with a vision until 2030. The plan aims to achieve a 15% growth rate in logistics service revenue by 2025 and a 20% growth rate by 2030. It also targets a logistics contribution to the city’s Gross Regional Domestic Product (GRDP) of 10% by 2025 and 12% by 2030, along with reducing national logistics costs compared to the national GDP by 10-15% by 2025.
Experts emphasize the importance of synchronized development of the national logistics system in the context of socio-economic development and ensuring the defense and security of the Southeast region until 2030 and beyond to 2045. They highlight the need to establish a logistics center linked to the Long Thanh International Airport, invest in developing port and international transshipment logistics systems in Ba Ria-Vung Tau province and HCMC, and create an industrial, urban, service, and logistics belt along the Belt Road 3, Belt Road 4, and the region’s expressways. Additionally, the development of the Moc Bai-Tan Son Nhat-Cai Mep-Thi Vai industrial-urban chain is envisioned to be integrated with the Xuyen A economic corridor.
With these strategic plans and investments, HCMC aims to strengthen its position as a vital driving force for economic growth and regional integration, positioning itself as a prominent logistics hub in Vietnam.