Trade, transport and logistics in vietnam

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Presentation at Vietnam Open for Business seminar, Mar 13 2014.

Presentation at Vietnam Open for Business seminar, Mar 13 2014.

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  • 1. 1 Professor Lauri Ojala Turku School of Economics, Finland Lauri.ojala@utu.fi Global Facilitation Partnership for Transportation and Trade Trade, transport and logistics Vietnam in The World Bank's Logistics Performance Index and in some other Trade and Transport Indicators Vietnam: Open for business! Helsinki , March 13, 2014 Turku School of Economics University of Turku, Finland
  • 2. WB’s Logistics Performance IndexWB’s Logistics Performance Index 2 Logistics firms’ aggregate view on how “easy” or “difficult” countries’ Trade Logistics is Broad indication of where problems are Monitor progress over time Most comprehensive data on country performance Vietnam Seminar, Helsinki, March 13, 2014 Prof. Ojala 2
  • 3. Vietnam Seminar, Helsinki, March 13, 2014 Prof. Ojala 3 155 economies compared internationally based on 5,000+ individual evaluations on: 155 economies compared internationally based on 5,000+ individual evaluations on: LPI measures how “easy” or “difficult” countries Trade Logistics is More applicable to trade of manufactures than to bulk commodities The Overall LPI Score is composed of these six dimensions Country ranks in the International LPI
  • 4. Vietnam Seminar, Helsinki, March 13, 2014 Prof. Ojala 4 Overall LPI 2012 scores Countries are improving around the world www.worldbank.org/lpi
  • 5. Vietnam Seminar, Helsinki, March 13, 2014 Prof. Ojala 5 Income level alone does not explain economies’ trade logistics performance Income level alone does not explain economies’ trade logistics performance Countries by LPI 2012 overall score and GDP/capita ”Logistics Friendly” ”Consistent Performers” ”Partial Performers” ”Logistics Unfriendly” The boundaries for the four categories indicative only Finland Vietnam
  • 6. Ex. FIN, SGP & VNM by LPI dimensionsEx. FIN, SGP & VNM by LPI dimensions Vietnam Seminar, Helsinki, March 13, 2014 Prof. Ojala 6 LPI 2012 1 = lowest score 5 = highest score
  • 7. Some other 2013 indices on VietnamSome other 2013 indices on Vietnam 26th out of 160 Liner Shipping Connectivity Index http://unctadstat.unctad.org/TableViewer/tableView.aspx 21st out of 125 (in 2011) DHL Global Connectedness http://www.dhl.com/en/about_us/logistics_insights/studies_research/global_connectedness_index/global_connectedness_index_2012.html 68th out of 132 (in 2012) WEF Enabling Trade Index http://www.agilitylogistics.com/EN/Documents/Agility_Downloads/2013_Emerging_Markets_Logistics_Index.pdf 25th out of 45 Agility Emerging Markets Logistics Index http://www.agilitylogistics.com/EN/Documents/Agility_Downloads/2013_Emerging_Markets_Logistics_Index.pdf 116th out of 177 Corruption Perceptions Index http://cpi.transparency.org/cpi2013/results/ Vietnam Seminar, Helsinki, March 13, 2014 Prof. Ojala 7
  • 8. Vietnam Seminar, Helsinki, March 13, 2014 Prof. Ojala Indications on Vietnam: SummaryIndications on Vietnam: Summary • Vietnam is deemed rather ”easy” in a Trade Logistics sense – This applies especially at the most export-oriented industries such as electronics and textile – Not necessarily across the country and all industries • Connectedness very good e.g. by air and container shipping • ”Red tape” and inofficial payments still an issue 88
  • 9. THANK YOU! THE 2014 LPI WILL BE AVAILABLE ON MARCH 27, 2014 HTTP://LPI.WORLDBANK.ORG/ THANK YOU! THE 2014 LPI WILL BE AVAILABLE ON MARCH 27, 2014 HTTP://LPI.WORLDBANK.ORG/ Vietnam Seminar, Helsinki, March 13, 2014 Prof. Ojala 9