Development of HCMVN Transport Logistics Industry in Context of 4.0

Abstract

This paper aims to build the model which come from applying and developing Cobb-Douglas production function (Cobb-Douglas) to assess transport logistics industry development of Hochiminh City, Vietnam (HCMVN). The qualitative method is used to clarify the objectives of research through introduction, literature review, methodology, reasoning and approach in applying and developing Cobb-Douglas. By systematically collecting, reviewing and researching, capturing and synthesizing acknowledge documents from reputable scientific data sources, previous studies have been published by leading publishers. The result is the model is suggested which has total twenty-two independent observed variables, six independent latent variables, two intermediating observed variables and one dependent observed variable.