Participate in the New Generation of FTAs: Opportunities and Challenges for the Vietnam Logistics Industry

Abstract

Vietnam has been engaged in a series of new generation Free Trade Agreements (FTAs) with more intensive and comprehensive commitments which will significantly impact on enterprises, the business environment and related policies and laws in Vietnam. Like other business sectors, the logistics industry has opportunities but is also facing challenges, which require it to make thorough preparation. This article indicates what the opportunities and challenges are for logistics when the new generation FTAs are valid. The article also proposes solutions for Vietnam to actively take advantage of the opportunities and overcome the challenges in the global playing field.