City. What advantages does Ho Chi Minh City have in the field that billionaire Ly Gia Thanh is interested in investing in?
Specifically, CK Asset Holdings Limited Group (Hong Kong) wants to invest in the infrastructure and logistics segment of Ho Chi Minh City. Ho Chi Minh. Currently, billionaire Ly Gia Thanh is the second-richest person in Hong Kong (China) with a fortune of up to $36.3 billion (Forbes data as of April 15) and ranks 36th on the list. Forbes’ richest people on the planet.
The strength of CK Asset Holdings Limited is infrastructure investment. The group has a history of more than 70 years, currently has total assets of more than 80 billion USD, equity of more than 50 billion USD and revenue in 2020 is more than 9 billion USD. Up to now, the Group has developed and has many investment achievements in Hong Kong and many parts of the world.
In fact, City. Ho Chi Minh City is home to many favorable conditions in the development of infrastructure and logistics. The city has a development orientation to turn the logistics industry into a spearhead service industry, helping the city improve its role as a hub for domestic goods exchange and connecting with the international market.
According to the Vietnam Seaport Association (VPA), the port area of Ho Chi Minh City. Ho Chi Minh City is currently leading the country in container throughput, accounting for 58.81% of the market share. In which, Tan Cang Cat Lai (District 2) alone accounts for 48% of the country’s market share and 80.89% of the market share in the port area of Ho Chi Minh City. HCM.
This advantage is due to the fact that Cat Lai is located near the city center. Ho Chi Minh City, near industrial parks, warehouses of enterprises in Dong Nai and Binh Duong. In addition, the city also has a full range of logistics services including: warehousing, forwarding, transportation and especially here, there are many international shipping lines.
The logistics industry is considered to have a very large role to the economy. According to Mr. Bui Ta Hoang Vu, Director of the City Department of Industry and Trade. In Ho Chi Minh City, currently there are about 30,000 enterprises operating in the field of logistics, with about 5,000 professional enterprises.
Among them, the logistics industry currently contributes about 8.9% of the city’s total GRDP. Ho Chi Minh City, equivalent to about 117,000 billion VND and up to 54% of logistics enterprises are based in Ho Chi Minh City.
In 2022, the City People’s Committee. Ho Chi Minh City has approved the “Project to develop the logistics industry in the city until 2025, with orientation to 2030”. Accordingly, the city determined and established a system of logistics service centers in Thu Duc city and Binh Chanh, Cu Chi and Nha Be districts.
At the same time, based on the needs of production, circulation of goods in the region and import and export, on the basis of reviewing the land fund, the city determined to build 7 logistics centers. Specifically: Long Binh, Cat Lai, Linh Trung, High-tech Park in Thu Duc city; Tan Kien (Binh Chanh district); Hiep Phuoc port (Nha Be district) and Cu Chi district.
According to the plan, the total area of these centers is expected to be more than 620ha. In particular, City. Ho Chi Minh City is studying to build more logistics centers interspersed in residential areas, supporting the city’s e-commerce market of more than 12 million people.
According to the City People’s Committee. In Ho Chi Minh City, the total capital demand for the development of the city’s logistics industry is nearly VND 96,000 billion.
With the goal of developing logistics into a spearhead service, in addition to developing large-scale centers, Ho Chi Minh City. Ho Chi Minh City is particularly interested in developing human resource training for this service. According to the plan, by 2025, TP. Ho Chi Minh City established and developed a logistics human resource training center to develop the city. Ho Chi Minh City has become the national leader in training professional and high-quality human resources.
Along with that, City. Ho Chi Minh City aims to become a human resource training center for the whole region, capable of providing human resources for both the country and the world. By 2025, TP. Ho Chi Minh City will contribute to reducing the ratio of logistics costs in the country compared to the national GDP by about 10%-15%, the rate of outsourcing logistics services to 60% and 70% by 2030.
In addition, in order to quickly and successfully turn the logistics industry into a spearhead service industry, Ho Chi Minh City Ho Chi Minh City will invest in infrastructure development, including a logistics center system, a detailed transportation system for waterway, road and air transport.
The city will apply information technology such as building a centralized data warehouse to digitize freight activities, from which there is a basis for adjusting traffic planning, parking arrangements, and transshipment areas. At the same time, the city will build an information technology platform to exploit shared data on logistics activities to serve both state agencies and businesses.
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