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Vietnam Logistics Market Flourishes: CEP and Warehousing Sector Generate over USD 5 Bn in 2022, Fueled by Joint Ventures and Modern Warehousing Systems. What Awaits the Future? :Ken Research

1.Emerging Trends and Developments in Vietnam’s Warehousing Market: Joint Ventures, Automation, GSP Warehouse Preference, and Recent Funding Surge.

Vietnam Logistics Market

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Logos Property and Manulife Investment Management joined forces in 2022 to construct an advanced logistics factory, covering an area of over 116,000 sqm and valued over $80 Mn. Moreover, GLP entered the Vietnamese market through a $1.5 Bn joint venture with SLP.

E-commerce companies are utilizing AI-powered warehouses and sorting centers spanning 0.3 Mn sqm to decrease delivery time during peak periods. Tiki NOW Smart Logistics has integrated robots for task execution, enhancing warehouse efficiency and enabling sellers to save 30% – 40% in costs.

Investment in pharmaceutical storage systems or GSP warehouses is increasing in Vietnam, with foreign firms such as DKSH, Zuellig, and Mega making substantial investments to improve cost-efficiency and optimize manpower in warehouses.

Vietnamese on-demand warehousing platform, Wareflex, secured $785,000 in pre-seed funding from Genesia Ventures and Antler. Additionally, Mirae Asset Daewoo Co. and Naver Corporation, prominent South Korean companies, invested $37 Mn in a warehouse located in Bac Ninh, Vietnam.

2.Automation Surge: Vietnam’s Growing Demand for Modern Warehouses Driven by Increased Investment in New Technologies.

Vietnam Logistics Market

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Next generation supply chains in Vietnam are utilizing robotics and automation to perform task such as picking, sorting, inspecting, handling to improve overall efficiency and speed to market. Some warehouses are turning to autonomous vehicles to bring merchandise to sortation while Drones & RFID will be used for Inventory Management. The opportunities seem endless which will result in greater efficiency and productivity.

3.Tech Trends Unleashed: Big Data and Augmented Reality Empower Vietnam’s CEP Market in Response to Consumer Demand.

Vietnam Logistics Market

Market Maxomony

Vietnam Logistics Market Segmentation

By Service Mix

  • Freight Forwarding
  • Warehousing
  • CEP
  • Value Added Services

Vietnam Freight Forwarding Market Segmentation

By Mode of Freight

  • Road Freight
  • Sea Freight
  • Air Freight

By Type of Freight

  • International Freight
  • Domestic Freight

By Types of Operators

  • Small Fleet Operator (SFO)
  • Medium Fleet Operator (MFO)
  • Large Fleet Operator (LFO)

By End-User

  • Retail
  • Oil and Gas
  • Textiles
  • Pharma
  • Others

Vietnam Warehousing Market Segmentation

By Warehousing Types

  • General/Industrial/Retail
  • CFS/ICD
  • Cold Storage
  • Agriculture and Others

By Warehouse Locations

  • Northern
  • Central
  • Southern

By End-User

  • Retail
  • Oil and Gas
  • Textiles
  • Pharma
  • Others

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Major Players Mentioned in the Report:

  • Yusen Logistics
  • Transimex
  • Gemadept Corporation
  • Maersk
  • Kuehne+Nagel
  • MP Logistics
  • ITL
  • Vietnam Post
  • Viettel Post
  • Vietnam Maritime Corporation
  • Expeditors
  • Bee Logistics
  • DB Schenker
  • Vinafrieght Joint Stock Company
  • CJ Gemadept
  • Ceva Logistics
  • GHN Express
  • DHL VNPL Express
  • EMS

Key Target Audience

  • E-Commerce Companies
  • Third-Party Logistic Providers
  • Potential Market Entrants
  • Freight Forwarding Companies
  • Warehousing Companies
  • Cold Storage Companies
  • Industry Associations
  • Consulting Agencies
  • Government Bodies & Regulating Authorities

Time Period Captured in the Report:

  • Historical Period: 2017-2022
  • Base Year: 2022
  • Forecast Period: 2022-2027

For More Insights On Market Intelligence, Refer to the Link Below: –

Vietnam Logistics Market Outlook to 2027

Related Reports by Ken Research: –

Indonesia Logistics Market Outlook to 2027

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