SOLUTIONS TO RESPOND TO VIETNAM'S LOGISTICS SERVICES INDUSTRY IN THE COVID-19 PASSION

In order to solve business difficulties, businesses have done a good job of social criticism, promptly reflecting the opinions of businesses through associations and associations for the Government and state management agencies to support the solution. solutions to reduce logistics service costs as set out by the Government and the Prime Minister, propose solutions and initiatives to remove difficulties, promote production and business, rebuild the economy to cope with the pandemic. Covid-19 pandemic.

The National Assembly has passed a resolution to reduce income tax by 30% in 2020 for enterprises with a turnover of less than 200 billion VND. Businesses will benefit from this decision in addition to other support measures of the Government, contributing to solving a part of difficulties for logistics service enterprises in production and business, and in reviewing taxes and fees. , there are solutions to help reduce transportation costs such as BOT discounts, tolls, parking lots, vehicle storage fees, taxes on jet fuel...

In addition, the Government needs to provide timely and accurate information to businesses about the epidemic situation and the Government's economic scenario; provide anti-epidemic masks for businesses if the disease situation is more complicated. In addition, the Government should work with carriers and shipping lines to reduce freight service prices, reduce service fees at ports to reduce freight costs, and contribute to supporting manufacturing enterprises and enterprises. logistics; price control, do not raise prices too high, especially LSS and LSS fees increase quarterly, but now shipping lines are increasing month by month.

Relevant agencies shall carry out anti-epidemic work at road border gates and seaports in the direction of creating favorable conditions for enterprises; coordinate with northern border provinces to arrange functional forces to separate channels and routes at roads in order to create favorable conditions for goods and vehicles to circulate in the best way.

The State Bank should consider reducing the base interest rate. Commercial banks need to freeze debts, delay debts, reduce lending interest rates, expand loan limits, and restructure loans for businesses in areas strongly affected by the Covid-19 epidemic such as tourism. tourism, services, agricultural exports, transportation, textiles, footwear...

For cold storage enterprises, cold storage should be preferentially used in electricity prices (currently the price is 25 - 30% higher than the price of electricity produced); tax incentives (such as tax reduction, no penalty for late tax payment, etc.) for chains of restaurants, hotels, food supply; extending the payment schedule, reducing land rent and production and business premises for businesses heavily affected by the epidemic.

However, the pandemic is a catalyst to accelerate the process of digital transformation and application of information technology in the logistics service industry, in the context of the industrial revolution 4.0. Therefore, enterprises providing logistics services in Vietnam are actively digital transformation to change stagnation, create breakthroughs to improve competitiveness, reduce logistics costs; strengthen e-commerce, online trading floor, online payment. The Government needs to clearly identify opportunities and challenges in 2021 and the following years with different scenarios, in order to set out specific requirements for the logistics service industry with the goal of reducing logistics costs to reduce logistics costs. improve the efficiency and competitiveness of goods and the economy, by synchronously implementing solutions...

Solutions of logistics service enterprises

Many logistics service enterprises in Vietnam have responded to Covid-19 with a series of measures: cut wages and/or working hours of employees; cutting unnecessary costs (44.5% of enterprises); negotiating payment terms for input costs and other costs (38.6% of enterprises), downsizing production and business scale (37.3% of enterprises).

It is necessary to focus on improving competitiveness and management level in the direction of promoting digital transformation to catch up with the trend of information technology application in almost all stages of logistics. Logistics enterprises need to improve their processes, technology, and human resources with expertise and expertise in the field of logistics. The increase in technology application with the advancements of the fourth industrial revolution is expected by most businesses to change the logistics industry the most with leading benefits such as increasing labor productivity, cutting costs and reducing costs. costs, improve business strategy, improve the efficiency of logistics tracking and product lifecycle management, and strengthen the operating system.... Apply technology solutions to bring efficiency to logistics services and reduce significant costs associated with electronic ports (ePort), electronic delivery orders (eDO), digitalization of transport documents (Invoicing and Payments), investment in the application of total solutions in logistics services (Saas ), big data (Big Data), cloud computing (Cloud Computing), smart warehouse (Smart Warehousing)...

Actively seek and associate with reputable international enterprises to jointly develop and improve the quality of logistics services.

The above solutions are both urgent responses; both fundamental and long-term, in order to help the Vietnamese economy in general and Vietnam's logistics service enterprises in particular soon overcome difficulties and return to the development "rails", aiming to build a country. Vietnam is strong and prosperous in the future.

Government's solution