Vietnam sees potential in Sri Lanka for logistics and warehouse businesses

ECONOMYNEXT – Vietnam saw Sri Lanka as a potential destination for logistics and warehouse businesses which will also help East Asia businesses reach South Asian and Middle Eastern markets, visiting Vietnamese officials said. Sri Lanka had the largest transshipment port in the region which Vietnam firms can use to reduce trade costs, To Ngoc Son, Deputy Director General, Department of International Market Development of the Ministry of Industry and Trade of Vietnam said. “This can constitute one of the important pillars in our two countries’ wish to increase the volumes of trade over the next three to five years,” Son…

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