Growth in Vietnam Retail and E-commerce Industry; Huge Import & Exports and Free Trade Agreements with other Southeast nations were some of the key factors responsible for driving the growth in Vietnam Logistics and Warehousing Market.
The report titled “Vietnam Logistics and Warehousing Market Outlook to 2022 – By Service Mix (Freight Forwarding, Warehousing, Cold Chain, Express Delivery, E-commerce Logistics, Third Party Logistics)” by Ken Research suggested a growth at a noteworthy six year CAGR of 13.3% in terms of revenue in Vietnam logistics and warehousing market in next 5 years till the year ending 2022. Last mile delivery represents the final segment in logistics network where finished goods are generally transferred to the final end user (customer/business). Along with the rise of E-commerce activities in the country, an increasing trend was witnessed towards consumer preference for shopping products online, thereby making “last mile delivery” a key differentiator amongst E-commerce logistics companies, especially in the urban areas. Increasing customer expectations towards faster fulfillment have led major E-commerce players to gain prior knowledge regarding customer requirements and provide the best customer experience possible. The Vietnamese E-commerce industry was evaluated at USD 1.9 billion in the year 2011 which was observed to increase to USD 6.3 billion in 2017, thus growing at a six year CAGR of 22.5% in the period 2011-2017.
Opening up of logistics hubs along with the introduction of new web technologies in last mile logistics drew much attention from not online sellers but shipping companies as well. For instance, the use of Uber-like apps within Vietnam implies another impact and trend in last mile logistics for tracking purposes. E-commerce logistics companies in Vietnam such as /GHN has installed an automated decision and route planner which uses modern equipments to optimize and to automate 60% of the company’s major decisions, thereby aiding co-coordinators and delivery guys in keeping track and delivery product on time. The system plans the route, catalogs the transactions, and keeps track of all the deliveries. Some of the major players operating in E-commerce logistics space include domestic players such as VNPost, Viettel Post, Kerry Logistics and others.
Key Topics Covered in the Report:
Logistics and Warehousing Market in Vietnam
Vietnam Logistics Industry
Logistics Industry in Vietnam Overview
Vietnam Logistics Market
Transport Infrastructure in Vietnam
Seaport Operations in Vietnam Logistics Market
Airport Operations in Vietnam Logistics Market
Freight Forwarding Market in Vietnam
Vietnam Logistics and Warehousing Market Size
Vietnam Freight Forwarding Market Size
Logistics Services in Vietnam
Logistics Services in Hanoi
Logistics Services in Ho Chi Minh City
Logistics Services in Da Nang
Number of Freight Forwarders in Vietnam Logistics Industry
Number of Logistics Companies in Vietnam
Freight Forwarding Future Outlook Vietnam
Express Logistics Market in Vietnam
Role of Express Delivery in Vietnam
Vietnam Logistics Market Competition
Shipping Fleet of Major Vietnam Seaports
Cargo Output through Vietnam Seaports
Growth of Express Delivery Services in Vietnam
Major Players Express Delivery Vietnam
Vietnam Postal Industry
Vietnam E-commerce operations
E-commerce Logistics Players in Vietnam
Vietnam E-Commerce Logistics Market Size
E-Commerce Logistics Growth Drivers
Future Growth E-Commerce Logistics Vietnam
Trends and Development in Vietnam Logistics Industry
Issues and Challenges in Vietnam Logistics Industry
How to setup a Logistics Company in Vietnam
Government Regulations Vietnam Logistics
Vietnam 3PL Market
3PL Market Size Vietnam
3PL Operations in Vietnam
Vietnam 3PL Players
The Future of 3PL in Vietnam
Warehousing Services in Vietnam
Vietnam Warehousing Industry
Types of Warehouses in Vietnam
Warehousing Market Size Vietnam
Value Added Services in Vietnam
SWOT Analysis Vietnam Logistics Industry
Future Growth Vietnam Logistics and Warehousing
Vietnam Logistics Sector
For more information on the research report, refer to below link:
Related Reports:
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-9015378249
