What the future holds for logistics industry? 15:06 | 18/01/2021
Amid supply chain shifts, Vietnam is expected to become the new global âwarehouseâ and the development of modern logistics centres was flagged as the next inevitable trend at the recent CEO Forum. Â Â
With the global economy being affected by the COVID-19 pandemic, Vietnam drew nearly $16 billion in foreign direct investment in the first six months of 2020, down 15 per cent compared to the same period in 2019, yet much better than the average 30-40 per cent downturn all over the world in 2020, making Vietnam a promising destination for foreign investors.
Particularly, a raft of bilateral and multilateral free trade agreements (FTAs) taking effect as well as the newly signed Regional Comprehensive Economic Partnership (RCEP) and two other FTAs being negotiated make Vietnam one of the most open economies in the world, offering multiple opportunities to develop the suppl
DARe’s Executive Officer for Market Access Nurkhairunnisa Afiqah explaining DARe LINKS at awareness briefing for potential vendors last month.
Established businesses have saved $30,000 in sourcing costs by advertising their business opportunities for micro, small and medium enterprises (MSMEs) through Darussalam Enterprise’s (DARe) LINKS online portal.
DARe’s Executive Officer for Market Access Nurkhairunnisa Afiqah Haji Mursidi shared at a recent briefing on DARe LINKS that the portal has enabled seven linkages between established or large companies and MSMEs.
81 MSMEs have registered as vendors and 16 large companies have signed on as partners on DARe LINKSsince 2019, which acts as an online directory of business opportunities. DARe is seeking more participation on the portal – which is free for businesses to register and list opportunities on.