Investigate about transportation infrastructure and technology development in VietnamInvestigate about transportation infrastructure and technology development in Vietnam
The hybrid vehicle market in Vietnam stands at the cusp of a remarkable transformation, heralding a new era of sustainable transportation and green growth. Through this article, B&company will explore how hybrid vehicles are becoming a driving force for sustainable development in Vietnam's automotive sector.
The industry has experienced significant growth with projections indicating a 70% increase in nationwide cold storage capacity by 2028. In this article, B&Company will analyse Vietnam's cold chain industry, examining its current situation, growth drivers, challenges, key players, and future outlook.
Hanoi, Vietnam's bustling capital, is undergoing a transportation revolution with the development of its metro system. Especially, on 8 August 2024, the inauguration of the Nhon - Hanoi Station elevated metro line marked a significant milestone in the city's public transport development
The logistics sector in Vietnam has seen growth and improvement in recent years. According to a report by the World Bank in April 2023, Vietnam ranked 43rd out of 139 countries in the Logistics Performance Index (LPI), ranking among the top 5 ASEAN countries, following Singapore, Malaysia, Thailand, and the same position as the Philippines.
Vietnam is blessed with a natural environment, and in 2020, it ranked 16th in the world in terms of agricultural, forestry and fishery product exports. Not only is it a place of origin, but the food processing industry has also developed in recent years, and it is attracting attention as a consumer market, with a population of 100 million people moving into the middle-income bracket. On the other hand, the added value of the food industry is not high, and the cold chain has been an obstacle, but the situation is changing.