1. Introduce the main contents of Decree 168/2024/ND-CP.

1.1. Enhancing Traffic Safety and Legal Compliance:
Decree 168 introduces stricter penalties for traffic violations, particularly in the transportation sector. This encourages businesses and drivers to comply with regulations, reducing accidents and infractions. After more than a month of implementation, drivers’ adherence to traffic laws has significantly improved, contributing to a decrease in accidents involving commercial vehicles.

1.2. Regulations on Drivers’ Working Hours:
The decree limits driving time to no more than 10 hours per day, 48 hours per week, and prohibits continuous driving for more than 4 hours. The goal is to ensure drivers’ health and traffic safety. However, many transport businesses are concerned that this regulation may pose challenges, especially for long-distance routes, due to driver shortages and increased costs.

1.3. Impact on Logistics Costs and Efficiency:
Compliance with the new regulations may increase operational costs for businesses, as they may need to hire additional drivers or adjust transportation schedules. This could affect the prices of goods and logistics services. Companies need to find solutions to optimize processes and adopt technology to minimize additional costs.

1.4. Encouraging Technology Adoption and Digitalization:
Decree 168 pushes logistics businesses to implement technology in transportation management and cargo tracking. Digitalizing processes improves efficiency, transparency, and responsiveness to customer demands.

2. Impact on the transport industry.

2.1. Increased transparency
Decree 168 requires transport businesses to publicly disclose information on fares, services and transport schedules. This makes it easier for customers to compare and choose services that suit their needs.

2.2. Improved service quality
The provision of stricter standards on vehicles and drivers encourages businesses to invest in infrastructure and human resource training, thereby improving service quality.

2.3. Impact on transport costs
Although new regulations may improve service quality, they may also lead to increased operating costs for businesses. Therefore, businesses need to manage costs effectively to maintain competitiveness.

3. Impact on the logistics industry.

3.1. Technology Integration
Decree 168 encourages the application of technology, thereby creating opportunities for logistics enterprises to digitize the transport management and goods tracking process. This not only helps to improve efficiency but also makes the customer service process faster and more effective.

3.2. Strengthening cooperation between parties
The Decree facilitates the development of cooperation models between transport enterprises and logistics enterprises, thereby optimizing the supply chain and minimizing costs.

3.3. Requirements for sustainable development
With regulations on environmental protection, logistics enterprises will need to incorporate green transportation solutions, such as using high-tech vehicles and transporting goods in less polluting ways.

4. Challenges and Opportunities:

Challenges: Businesses must invest in upgrading vehicles, training personnel, and adjusting processes to comply with new regulations, leading to increased costs and competitive pressure.
Opportunities: Improving service quality and adopting modern technology will help businesses enhance their reputation, expand their market, and better meet customer needs.
Overall, Decree 168 introduces stricter requirements to improve safety and quality in the transportation and logistics sectors. While it presents challenges, it also creates opportunities for businesses to innovate, enhance competitiveness, and achieve sustainable growth.