Luận Văn Facts of Vietnam Freight forwarding industry and the role of Vietnam Freight Forwarders Association

INTRODUCTION

Freight forwarding industry plays a significant role in expanding trade by procuring efficient and economic modes of transport. It creates necessary conditions to ensure that import and export products may timely reach their destinations and helps to deliver efficiently goods from sellers to end users. This national industry is still young in Vietnam, but it has gradually contributed to the improvement of the country’s balance of payment by assisting export promotion and giving support to the national Carrier & Insurers. Vietnam Freight Forwarding industry has played, to somewhat extent, an active role in facilitating trade by simplifying and rationalizing trade and documentary procedures, thereby reducing transport cost.

Vietnam went through a lot of hindrances and difficulties to reach the splendid achievements over the past years. In international economic integration process, challenges remain considerable but there are always opportunities for the development of national economy. Freight forwarding industry also finds its opportunities to grow up, contributing to the national development strategy of restructuring the economy, intensifying the industrialization & modernization process and laying the foundation for rapid & sustainable development of national economy.

During my internship at Vietnam Freight Forwarders Association (VIFFAS) in Ho Chi Minh City, I have learnt a lot about the facts of Vietnam freight forwarding industry and the Association’s importance to the industry, especially in today’s economic integration process. Therefore, I chose the topic “Facts of Vietnam Freight forwarding industry and the role of Vietnam Freight Forwarders Association (VIFFAS) to the industry in international economic integration process” for my Field Study Report.