- Vietnam was observed to be highly concentrated with the presence of major players such as GHN, VNPost and Viettel Post
- Competition within the logistics industry is ramping up due to tightened capacity along with increased consolidation within the supply chain arena, which has resulted in fewer partners for 3PLs and increased prices.
Vietnam is focusing on attracting investment in logistics infrastructure development, constructing regional and international logistics service centers, improving the efficiency of connection between Vietnam and other countries, thereby becoming a modern logistics hub in near future. By the year ending 2019, Vietnam’s E-commerce association is setting goals to improve logistics infrastructure in association with the country’s E-commerce industry. The association plans to develop transport systems with the aim of following E-commerce growth drivers including growing importance of last mile delivery.
Over the long term, the Ministry of Transport and Ministry of Industry and Trade is expected to invest and give support to improve operating and marketing efficiency, and expand sources of goods for the Cai-Mep Thai Vai port complex, situated in Vung Tau region, Vietnam. Various Free Trade Agreements (FTAs) signed between Vietnam and the ASEAN Economic Community (AEC) in 2015 will lead to boost the country’s trade relations in long term. Additionally, foreign investment is anticipated to grow strongly in Vietnam as many logistics enterprises in ASEAN countries are keen to invest and have a better understanding of the laws, customs and culture of Vietnam.
By service mix, the freight forwarding segment within Vietnam will continue to dominate the Vietnam logistics and warehousing market in the near future with a revenue share of over 87% by the year ending 2022.
Analysts at Ken Research in their latest publication “Vietnam Logistics and Warehousing Market Outlook to 2022 – By Service Mix (Freight Forwarding, Warehousing, Cold Chain, Express Delivery, E-commerce Logistics, Third Party Logistics)“ believe that along with the introduction of new web technologies and surging e-commerce operations, last mile logistics has gained popularity in Vietnam, especially amongst domestic shipping companies in the country. It has led several e-commerce companies to think, strategize and invest on their logistics operations in order to surpass their competition.
Growing awareness of E-commerce amongst the Vietnamese population will impact the consumer’s way of interaction, price comparison, research on goods and handling transactions. The process changes the supply chain from a push (to the store) to a pull process (by the final consumer). The logistics service is the bottleneck for E-commerce companies.
Keywords
– Vietnam Logistics and Warehousing Market Introduction
- Comparative Analysis of Vietnam Logistics and Warehousing Market with Global Logistics and Warehousing Market
- Transport and Logistics Infrastructure
- Value Chain Analysis
- Vietnam Logistics and Warehousing Market Size, 2011-2017
- Market Segmentation, 2011-2017
- By Service Mix (Freight Forwarding, Warehousing Services and Value-Added Services), 2011-2017
- By Regions (Red River Delta, Da Nang, Ho Chi Minh City and Others), 2017
- By End Users (Food and Beverages, Engineering Equipment, Metals, Automotives and Others), 2017
– Vietnam Freight Forwarding Market
- Market Overview and Genesis
- Market Size, 2011-2017
- Market Segmentation, 2011-2017
- By Normal and Express Delivery, 2011-2017
- By Freight Movement (Sea, Road, Air and Rail), 2017
- By International and Domestic Freight Forwarding, 2017
- By Flow Corridors, 2017
- By International and Domestic Companies, 2017
- Competition Scenario
- Future Outlook and Projections, 2018-2022
– Vietnam Express Logistics Market
- Market Overview and Genesis
- Value Chain Analysis
- Market Size, 2011-2017
- Market Segmentation, 2016-2017
- By International and Domestic Express, 2016-2017
- By Air and Ground Express, 2016-2017
- International Operations
- Domestic Operations
- By B2B, B2C and C2C, 2017
- Pricing Analysis for Vietnam Express Delivery Market
- Market Share of Major Players in Vietnam Express Logistics Market
- Domestic Express
- International Express
- Comparative Landscape of Major Players operating in Vietnam Express Logistics Market
- Competition Scenario
- Company Profiles of Major Players
- GHN (Giao Hang Nhanh)
- DHL Express
- FedEx Vietnam
- Future Outlook and Projections, 2018-2022
– Vietnam E-Commerce Logistics Market
- Market Size By Logistics Revenue and Shipment, 2015-2017
- Market Segmentation, 2017
- By Channel (3PL Companies and E-Commerce Merchants), 2017
- By Speed of Delivery (2 Day Delivery, 1 Day Delivery, Same Day Delivery, Within 2 Hours and Delivery Beyond 2 Days), 2017
- By Area of Delivery (Intercity and Intracity), 2017
- By Payment Method (Cash on Delivery and Others), 2017
- Competitive Landscape of Major Players
- Competition Scenario
- Market Share of Major Players
- Future Outlook and Projections, 2018-2022
– Vietnam 3PL (Third Party Logistics) Market
- Market Overview and Genesis
- Market Size By Revenues, 2011-2017
- Cross Comparison of 3PL Market in Vietnam with Global 3PL Market
- Vietnam 3PL Market Segmentation, 2017
- By Market (Freight Forwarding and Warehousing Services), 2017
- By Companies (International Companies and Domestic Companies), 2017
- Competitive Landscape of Major Players
- Competition Scenario
- Vietnam 3PL Market Future Outlook and Projections
– Vietnam Warehousing Market
- Market Overview and Genesis
- Value Chain Analysis
- Market Size, 2011-2017
- Market Segmentation, 2017
- By Number of Warehouses (Southern Vietnam and Others), 2017
- By End User (Retail, Electronic Devices, Textile and Footwear, Wooden Products and Others), 2017
- By International and Domestic Companies, 2017
- By Business Model (Industrial / Retail Freight, Container Freight, Cold Storage, Agriculture and Others), 2017
- Competition Scenario in Vietnam Warehousing Market
- Vietnam Warehousing Future Outlook and Projections, 2018-2022
- Emerging Warehousing Technological Innovations in Vietnam
– Company Profiles of Major Players in Vietnam Logistics and Warehousing Market
- Damco Vietnam
- Sotrans Vietnam
- Vinafco
- Kerry Logistics Vietnam
- Bac Ky Logistics Vietnam
- Nippon Express Vietnam
- Vietnam Airlines
- Transimex Saigon Corporation
- Sea and Air Freight International
- Vinalink Logistics
- PetroVietnam Transport Corporation
- Noi Bai Cargo Terminal Services
- Other Players Operating in Vietnam Logistics and Warehousing Market
By Ken Research