Presentation at Vietnam Open for Business seminar, Mar 13 2014.

1. 1
Professor Lauri Ojala
Turku School of Economics, Finland
Lauri.ojala@utu.fi
Global Facilitation
Partnership for
Transportation and Trade
Trade, transport and logistics
Vietnam in The World Bank's
Logistics Performance Index
and in some other
Trade and Transport Indicators
Vietnam: Open for business!
Helsinki , March 13, 2014
Turku School of Economics
University of Turku, Finland

2. WB’s Logistics Performance IndexWB’s Logistics Performance Index
2
Logistics firms’ aggregate
view on how “easy” or
“difficult” countries’ Trade
Logistics is
Broad indication of where
problems are
Monitor progress over time
Most comprehensive data on country performance
Vietnam Seminar, Helsinki, March 13, 2014 Prof. Ojala 2

3. Vietnam Seminar, Helsinki, March 13, 2014 Prof. Ojala 3
155 economies compared internationally
based on 5,000+ individual evaluations on:
155 economies compared internationally
based on 5,000+ individual evaluations on:
LPI measures how “easy” or “difficult” countries Trade Logistics is
More applicable to trade of manufactures than to bulk commodities
The Overall
LPI Score is
composed of
these six
dimensions
Country ranks
in the
International LPI

4. Vietnam Seminar, Helsinki, March 13, 2014 Prof. Ojala 4
Overall LPI 2012 scores
Countries are improving around the world
www.worldbank.org/lpi

5. Vietnam Seminar, Helsinki, March 13, 2014 Prof. Ojala 5
Income level alone does not explain
economies’ trade logistics performance
Income level alone does not explain
economies’ trade logistics performance
Countries by LPI 2012 overall score and GDP/capita
”Logistics Friendly”
”Consistent Performers”
”Partial Performers”
”Logistics Unfriendly”
The boundaries for the four categories indicative only
Finland
Vietnam

6. Ex. FIN, SGP & VNM by LPI dimensionsEx. FIN, SGP & VNM by LPI dimensions
Vietnam Seminar, Helsinki, March 13, 2014 Prof. Ojala 6
LPI 2012
1 = lowest score
5 = highest score

7. Some other 2013 indices on VietnamSome other 2013 indices on Vietnam
26th out of 160 Liner Shipping Connectivity Index
http://unctadstat.unctad.org/TableViewer/tableView.aspx
21st out of 125 (in 2011) DHL Global Connectedness
http://www.dhl.com/en/about_us/logistics_insights/studies_research/global_connectedness_index/global_connectedness_index_2012.html
68th out of 132 (in 2012) WEF Enabling Trade Index
http://www.agilitylogistics.com/EN/Documents/Agility_Downloads/2013_Emerging_Markets_Logistics_Index.pdf
25th out of 45 Agility Emerging Markets Logistics Index
http://www.agilitylogistics.com/EN/Documents/Agility_Downloads/2013_Emerging_Markets_Logistics_Index.pdf
116th out of 177 Corruption Perceptions Index
http://cpi.transparency.org/cpi2013/results/
Vietnam Seminar, Helsinki, March 13, 2014 Prof. Ojala 7

8. Vietnam Seminar, Helsinki, March 13, 2014 Prof. Ojala
Indications on Vietnam: SummaryIndications on Vietnam: Summary
• Vietnam is deemed rather ”easy” in a Trade
Logistics sense
– This applies especially at the most export-oriented
industries such as electronics and textile
– Not necessarily across the country and all industries
• Connectedness very good e.g. by air and
container shipping
• ”Red tape” and inofficial payments still an issue
88

9. THANK YOU!
THE 2014 LPI WILL BE AVAILABLE
ON MARCH 27, 2014
HTTP://LPI.WORLDBANK.ORG/
THANK YOU!
THE 2014 LPI WILL BE AVAILABLE
ON MARCH 27, 2014
HTTP://LPI.WORLDBANK.ORG/
Vietnam Seminar, Helsinki, March 13, 2014 Prof. Ojala 9