WSEAS Transactions on Business and Economics
Print ISSN: 1109-9526, E-ISSN: 2224-2899
Volume 19, 2022
Logistics Service Providers in Central Vietnam: Current Status and Strategies for the Future
Author(s): The Tuan Tran, Quang Hung Do, Quang Toan Dinh
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.
Keywords: Logistics service provider (LSP), Central Vietnam, Current status, Strategy for development
DOI: 10.37394/23207.2022.19.100WSEAS Transactions on Business and Economics, ISSN / E-ISSN: 1109-9526 / 2224-2899, Volume 19, 2022, Art. #100