The Vietnam Logistics Market is highly fragmented with competitive rivalry among the competitors. Some of the popular logistics brands like Vietnam Post, DHL and Viettel Post compete on the basis of revenue, location, warehousing space, number of warehouses and number of fleets.
1.Driving Forward: Vietnam’s Growing Road Freight Transport Sector Expands with Government-led Infrastructure Development.
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Vietnam’s road quality urgently needs improvement given that road transport is the backbone of the country’s logistics and transport industry. 20% of roads are paved with medium to low-quality materials that result in cracks and bumpy surfaces.
Construction of 1,800 Km HCMC-Hanoi highway will aid transport and goods movement throughout the country.By 2030, the Government aims to achieve a cargo transportation capacity of 4.4 Bn tons and a road transport capacity capable to move 2.7 Tons of cargo per year.
2.Unraveling Vietnam’s Government Rules and Regulations: Navigating Freight Forwarding’s Transportation and Capital Requirements.
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Regulation on Road Freight:
- Permissible width of loading cargoes should not exceed 1.1 times of the total length of the vehicle not more than 20.0 meters.
- Rudimentary vehicles are not allowed to load cargoes exceeding the rear and front more than the 1/3 of body length.
Regulation on Air Freight:
Charter Capital Requirements for airlines with maximum of:
- 10 aircrafts: $ 29.8 Mn (international) and $ 12.8 Mn (domestic transportation).
- 11-30 aircrafts: $ 42.6 Mn (international services) or $ 25.5 Mn (domestic flights)
- 30 aircrafts: $ 55.4 Mn (international) and $ 29.8 Mn (domestic).
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
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