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Revenue from transportation and warehousing services hits over 10.5 trillion VND

BAC GIANG - According to the Department of Statistics, total revenue from transportation and warehousing services is estimated to reach 1.1 trillion VND (46.2 million USD) in October 2023 and over 10.5 trillion VND in 10 months, an increase of 20.4 percent compared to the previous year.

Of which, passenger transport revenue reached more than 2.4 trillion VND, an increase of 38.1 percent while the remaining was cargo transport revenue, up 16.2 percent.

High revenue, transportation and warehousing services, Bac Giang province, total revenue, passenger transport revenue

The passenger buses at Bac Giang Bus Station.

In general, transportation capacity, quality and output of all sectors increased over the same period and basically met the travel needs of people, especially during peak occasions.

This year the economy is recovering after the impact of the Covid-19 pandemic, so people and businesses have an increased need to travel and transport goods, pushing up service revenue.

It is forecasted that in the last months of the year traffic activities will be more vibrant, so service revenue in this field will continue to improve, reducing difficulties for transport businesses.

In the coming time, in order to further develop the transportation, the Department of Transport recommends the transport businesses to increase investment, upgrade means of transport and improve service quality.

At the same time, they are urged to strictly comply with regulations on prices, number of passengers and load of transported goods together with serious punishment over violation.

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High revenue, transportation and warehousing services, Bac Giang province, total revenue, passenger transport revenue
 
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