Trade logistics assessments by Logistics Performance Index (LPI) and Trade and Transport Facilitation (TTF) from Vietnamese perspectives

In the context of regional and international integration, ASEAN countries have built up the trade logistics system among their 12 priority integration fields since 2005. However, logistics activities remain a very new sector in Vietnam and local logistics companies seemed to be unequipped with professional knowledge. According to our statistics, Vietnam's total logistics revenue currently accounts for 25% of GDP, while the rate in China, Thailand is about 19%, and the rate in developed countries such as United States and Japan is only about 8 to 9%. Weak development of trade logistics sector in Vietnam has originated from different reasons and to make this more clearly. This paper will analyse this situation by using both Logistics Performance Index (LPI) and Trade and Transport Facilitation Assessment (TTFA) methods to propose some key implications to facilitate trade logistics activities.