In 2021, the revenue of express delivery services in Vietnam reached 0.7 billion U.S. dollars. The revenue of this segment is forecast to grow at a compound annual growth rate of around 24.1 percent from 2022 to 2030.

In 2023, Viettel Post was the leading express delivery service in Vietnam, holding 17 percent of the total market share of this segment. Shopee Express followed as the second-most popular express delivery business in the same year, accounting for 15.5 percent of the market share.

The Vietnam Courier, Express, And Parcel (CEP) Market report segments the industry into Destination (Domestic, International), Speed Of Delivery (Express, Non-Express), Model (Business-To-Business (B2B), Business-To-Consumer (B2C), Consumer-To-Consumer (C2C)), Shipment Weight (Heavy Weight Shipments, Light Weight Shipments, Medium Weight Shipments), Mode Of Transport (Air, Road, and more.), End User Industry.

Vietnam's Express Delivery market is anticipated to grow at more than 8% CAGR from 2024 to 2029, propelled by economic growth, urbanization, and the expansion of online shopping.

The Vietnam courier, express, and parcel (CEP) market exhibits robust growth, fueled by the burgeoning e-commerce sector and increasing consumer demand for faster delivery options. The market's Compound Annual Growth Rate (CAGR) of 5.00% from 2019-2024 suggests a consistently expanding market. This growth is driven by several factors: the rapid expansion of online retail, particularly in urban areas; the increasing adoption of mobile commerce; and a rising middle class with greater disposable income and a preference for convenience. The dominance of B2C shipments is expected to continue, though the B2B segment shows potential for significant growth as businesses increasingly rely on efficient logistics for supply chain management. While road transport remains the primary mode of delivery, air freight is gaining traction for time-sensitive deliveries. Market segmentation reveals a strong preference for express delivery services and a diverse range of shipment weights, reflecting the varying needs of businesses and consumers. Competition is fierce, with both international giants like DHL and FedEx alongside rapidly growing domestic players like Ahamove and Giao Hang Nhanh vying for market share. Future growth will depend on infrastructure improvements, particularly in rural areas, and the continued development of technology enabling better tracking, delivery optimization, and customer service. The significant player base, including both international and domestic companies, points to a dynamic and competitive landscape. The market’s segmentation reflects the multifaceted nature of delivery needs, highlighting opportunities for specialization. For instance, companies catering to heavier shipments or specific industries like healthcare might find significant market niches. Challenges include maintaining consistent service quality across the country’s diverse geography, addressing last-mile delivery complexities, and adapting to evolving consumer expectations, such as same-day or next-day delivery options. Effective strategies will require investments in technology, robust infrastructure, and skilled human resources to effectively serve the growing demand within the Vietnam CEP market. Sustained growth will likely depend on effectively navigating these challenges and leveraging the market’s inherent dynamism. Recent developments include: March 2023: NutiFood and Ahamove officially announced a cooperation agreement for bringing nutritious food to consumers. Ahamove will be the exclusive delivery strategic partner in the Home Delivery project for NutiFood, helping partners optimize operations, especially at the stage of delivery to consumers.March 2023: Vietstar Express launched motorbike transportation services due to the demand from customers for faster delivery times.December 2022: Viettel Post Joint Stock Corporation (Viettel Post), in collaboration with Vietnam Airlines, introduced solutions to support businesses in the industrial zone in Bac Ninh Province. With the chain of novel solutions, businesses can save up to 30% of costs compared to self-operation and optimize 30% of the time compared to conventional methods.. Key drivers for this market are: Exhibitions and Conferences are driving the market, Sports Events are driving the market growth. Potential restraints include: Lack of Skilled Labor. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

Explore the Vietnam Express Delivery Industry, size at USD 1.1 billion in 2023, featuring Market Forecasts & Outlook, industry trends, and growth opportunities.

Vietnam Courier, Express, and Parcel (CEP) Market size was valued at USD 1.62 Billion in 2024 and is projected to reach USD 3 Billion by 2032, growing at a CAGR of 8% during the forecast period 2026-2032.

Vietnam Courier, Express, and Parcel (CEP) Market Drivers

E-Commerce Boom Driving Parcel Deliveries: Vietnam’s booming e-commerce sector is a major driver of the CEP market. The rise in online shopping, fueled by increasing internet penetration and smartphone usage, has led to a surge in parcel shipments.

Increasing Cross-Border Trade and Globalization: Vietnam’s strategic location and participation in free trade agreements (FTAs) have boosted international trade, leading to a higher demand for cross-border express deliveries.

Urbanization and Demand for Last-Mile Delivery: With rapid urbanization and population growth in major cities like Hanoi, Ho Chi Minh City, and Da Nang, there is an increasing need for efficient last-mile delivery services.

The ASEAN domestic courier market, exhibiting a robust CAGR of 6.64%, presents a significant growth opportunity. Driven by the burgeoning e-commerce sector, particularly in countries like Indonesia, Vietnam, and Thailand, the market is witnessing a surge in demand for both express and non-express delivery services. The increasing adoption of digital technologies, including advanced logistics software and tracking systems, further fuels this expansion. While the prevalence of light-weight shipments currently dominates, a notable shift towards heavier weight shipments is anticipated, aligning with the growth of larger e-commerce retailers and a diverse range of goods being delivered. The B2C segment is currently the market leader, fueled by consumer preference for online shopping. However, the B2B segment is poised for considerable growth, driven by expanding supply chains and the increasing adoption of just-in-time inventory management techniques across various industries such as manufacturing and healthcare. Though regulatory challenges and infrastructure limitations in some ASEAN nations remain constraints, ongoing governmental investments in infrastructure and supportive policies are actively mitigating these hurdles. Key players, such as J&T Express, Ninja Logistics, and regional postal services, are actively competing through strategic partnerships, technological advancements, and expansion strategies to capture market share. The market's segmentation across speed, weight, and industry provides opportunities for specialized service providers to target niche markets and achieve success. Looking forward, the ASEAN domestic courier market is expected to maintain its upward trajectory. Continued economic growth across the region, coupled with rising disposable incomes and increasing internet penetration, will further boost demand for courier services. The rising popularity of cross-border e-commerce within ASEAN itself is also poised to contribute significantly to market expansion. The competitive landscape will remain dynamic, with both established international players and agile local firms vying for market dominance. Successful players will be those who can effectively leverage technological advancements, adapt to evolving consumer expectations, and navigate the complexities of regional regulations. The focus on enhancing last-mile delivery efficiency and expanding into underserved rural areas will be key differentiators for growth and success in the coming years. Recent developments include: September 2023: PT Pos Indonesia (Persero) started the construction of the East Jakarta Postal Processing Center (SPP) project. The main objective of this development is to consolidate the existing two SPPs throughout Jakarta. The East Jakarta SPP office has a land area of 5000 sq. m on a site of 7553 sq. m.August 2023: Thailand Post Company Limited partnered with The Transport Company Limited (Bor Kor Sor) to provide delivery and parcel delivery services. The amount of consignment and delivery continued to increase steadily due to expertise in routes, vehicles, technology, and information, including service points.July 2023: On January 7, 2023, Shoppymore held a formal event to officiate City-Link Express as the platform’s delivery agent.. Key drivers for this market are: E-commerce Fueling the Growth of 3PL Market. Potential restraints include: Slow Infrastructure Development. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

The ASEAN Domestic Courier Market report segments the industry into Speed Of Delivery (Express, Non-Express), Shipment Weight (Heavy Weight Shipments, Light Weight Shipments, Medium Weight Shipments), End User Industry (E-Commerce, Financial Services (BFSI), Healthcare, and more.), Model, and Country.

The ASEAN Courier, Express, and Parcel (CEP) market is experiencing robust growth, driven by the region's burgeoning e-commerce sector and expanding logistics infrastructure. The market's value, while not explicitly stated, can be reasonably estimated based on global trends and the significant presence of major players like DHL, FedEx, and local giants such as J&T Express and Ninja Van. Considering the rapid digitalization across ASEAN nations and the increasing preference for online shopping, the market size likely surpasses several billion USD in 2025, exhibiting a Compound Annual Growth Rate (CAGR) exceeding 10% for the forecast period (2025-2033). Key drivers include rising disposable incomes, improving internet penetration, and government initiatives promoting e-commerce development. The B2C segment dominates the market, fueled by the popularity of online marketplaces and a growing preference for fast and reliable delivery services. The express delivery segment is also a significant contributor to overall market growth, reflecting the demand for speed and efficiency in package delivery. However, challenges remain, including inconsistent infrastructure across the region, regulatory hurdles in certain countries, and the need for enhanced last-mile delivery solutions in rural areas. Furthermore, increasing fuel prices and competition amongst established and emerging players present potential restraints. Growth will be particularly strong in countries with large populations and rapidly expanding e-commerce sectors like Indonesia, Vietnam, and Thailand. The market is segmented by destination (domestic and international), speed of delivery (express and non-express), business model (B2B, B2C, and C2C), shipment weight, mode of transport (air, road, and others), and end-user industry (e-commerce, BFSI, healthcare, manufacturing, etc.). The future of the ASEAN CEP market hinges on the successful adoption of advanced technologies like AI-powered route optimization, drone delivery, and automated sorting systems. Companies are investing heavily in these technologies to improve efficiency, reduce costs, and enhance customer experience. The market also shows a growing trend towards sustainable practices, with companies focusing on reducing carbon emissions and implementing eco-friendly delivery solutions. Competition is fierce, with both international and local players vying for market share. Strategic partnerships, mergers, and acquisitions are expected to shape the market landscape in the coming years. The long-term outlook for the ASEAN CEP market remains positive, with continued growth driven by sustained economic development, technological advancements, and the increasing integration of the region's economies. Recent developments include: September 2023: PT Pos Indonesia (Persero) started the construction of the East Jakarta Postal Processing Center (SPP) project. The main objective of this development is to consolidate the existing two SPPs throughout Jakarta. The East Jakarta SPP office has a land area of 5000 sq. m on a site of 7553 sq. m.August 2023: Thailand Post Company Limited partnered with The Transport Company Limited (Bor Kor Sor) to provide delivery and parcel delivery services. The amount of consignment and delivery continued to increase steadily due to expertise in routes, vehicles, technology, and information, including service points.July 2023: On January 7, 2023, Shoppymore held a formal event to officiate City-Link Express as the platform's delivery agent.. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

The ASEAN Courier, Express, and Parcel (CEP) market is experiencing robust growth, driven by the burgeoning e-commerce sector across Indonesia, Malaysia, the Philippines, Thailand, and Vietnam. The market's Compound Annual Growth Rate (CAGR) of 6.64% from 2019-2024 suggests a significant expansion, projected to continue into the forecast period (2025-2033). Key drivers include increasing internet and smartphone penetration, rising disposable incomes fueling online shopping, and the expansion of logistics infrastructure to support faster and more reliable delivery services. The market is segmented by business model (B2B, B2C, C2C), shipment weight (light, medium, heavy), mode of transport (air, road, others), end-user industry (e-commerce, BFSI, healthcare, manufacturing, etc.), and delivery speed (express, non-express). The dominance of e-commerce as an end-user industry is a major factor contributing to the market's expansion, particularly in B2C and C2C segments. While the market faces challenges such as fluctuating fuel prices and regulatory complexities, the overall positive trend indicates a promising future for CEP services in ASEAN. Competition is fierce, with established international players like DHL, FedEx, and UPS competing alongside regional giants such as JWD Group, J&T Express, and local postal services. The market's future growth is closely tied to the continued expansion of e-commerce penetration, technological advancements in logistics and tracking, and effective government policies supporting efficient delivery networks. The significant growth in the ASEAN CEP market is further propelled by increasing cross-border e-commerce activity, necessitating efficient international shipping solutions. This necessitates investment in infrastructure improvements, particularly in last-mile delivery capabilities, to ensure timely and reliable service in diverse geographical areas within ASEAN. The rise of fintech solutions integrated within delivery platforms is also expected to further streamline processes and enhance customer experience. Growth will vary by segment, with express delivery services likely experiencing faster expansion due to consumer demand for faster delivery times. The market will likely witness further consolidation as smaller players seek partnerships or acquisitions to compete with larger players possessing greater economies of scale and advanced technological capabilities. Analyzing the market segments reveals opportunities for specialized services catering to specific industry needs. For instance, healthcare requires temperature-controlled transport and specialized handling, creating niche opportunities for providers. Overall, the ASEAN CEP market presents strong growth prospects for businesses with efficient operations, technological advancements, and a strong focus on customer satisfaction. ASEAN Courier, Express, and Parcel (CEP) Market: A Comprehensive Report (2019-2033) This comprehensive report provides an in-depth analysis of the ASEAN Courier, Express, and Parcel (CEP) market, covering the period from 2019 to 2033. It delves into market dynamics, competitive landscapes, segment performance, and future growth projections, offering actionable insights for industry stakeholders. The report utilizes data from the historical period (2019-2024), with 2025 as the base year and forecast extending to 2033. Market values are presented in Millions. Recent developments include: September 2023: PT Pos Indonesia (Persero) started the construction of the East Jakarta Postal Processing Center (SPP) project. The main objective of this development is to consolidate the existing two SPPs throughout Jakarta. The East Jakarta SPP office has a land area of 5000 sq. m on a site of 7553 sq. m.August 2023: Thailand Post Company Limited partnered with The Transport Company Limited (Bor Kor Sor) to provide delivery and parcel delivery services. The amount of consignment and delivery continued to increase steadily due to expertise in routes, vehicles, technology, and information, including service points.July 2023: On January 7, 2023, Shoppymore held a formal event to officiate City-Link Express as the platform's delivery agent.. Key drivers for this market are: E-commerce Fueling the Growth of 3PL Market. Potential restraints include: Slow Infrastructure Development. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

The ASEAN domestic courier market presents a dynamic landscape characterized by robust growth driven by the burgeoning e-commerce sector and increasing cross-border trade within the region. The market's expansion is fueled by the rising adoption of online shopping, particularly in countries like Indonesia, Thailand, and Vietnam, where a young and digitally-savvy population fuels demand for fast and reliable delivery services. Significant investments in logistics infrastructure, including improved warehousing facilities and advanced transportation networks, are further bolstering the market's growth trajectory. While competition among established players like J&T Express, Ninja Logistics, and others is intense, the market remains fragmented, offering opportunities for both existing players to expand their market share and new entrants to establish a foothold. Growth is segmented across delivery speeds (express and non-express), shipment weights (light, medium, and heavy), and end-user industries, with e-commerce consistently dominating the volume. The B2C segment is experiencing the fastest growth, driven by the aforementioned consumer trends, while the B2B segment contributes substantially to overall market value. Challenges such as fluctuating fuel prices, evolving regulatory landscapes, and infrastructure limitations in certain areas represent potential headwinds for sustained growth. However, the overall outlook for the ASEAN domestic courier market remains optimistic, with projections suggesting a healthy compound annual growth rate (CAGR) in the coming years. The dominance of e-commerce continues to shape the market's future. To maintain a competitive edge, courier companies are investing heavily in technological advancements, such as automated sorting systems, real-time tracking capabilities, and sophisticated delivery route optimization software. These innovations improve efficiency, reduce costs, and enhance customer satisfaction. Furthermore, a focus on sustainability initiatives, including the adoption of electric vehicles and optimized delivery routes, is gaining traction, driven by growing environmental concerns and increasing regulatory pressures. The market is also witnessing a trend towards specialized services catering to specific industry needs, such as temperature-controlled delivery for the healthcare sector. This adaptation demonstrates the courier market's ability to evolve in line with the demands of a diverse range of industries and the overall economic growth within the ASEAN region. This adaptability ensures its ongoing success and resilience. Recent developments include: September 2023: PT Pos Indonesia (Persero) started the construction of the East Jakarta Postal Processing Center (SPP) project. The main objective of this development is to consolidate the existing two SPPs throughout Jakarta. The East Jakarta SPP office has a land area of 5000 sq. m on a site of 7553 sq. m.August 2023: Thailand Post Company Limited partnered with The Transport Company Limited (Bor Kor Sor) to provide delivery and parcel delivery services. The amount of consignment and delivery continued to increase steadily due to expertise in routes, vehicles, technology, and information, including service points.July 2023: On January 7, 2023, Shoppymore held a formal event to officiate City-Link Express as the platform’s delivery agent.. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

The Vietnam Freight And Logistics Market report segments the industry into End User Industry (Agriculture, Fishing, And Forestry, Construction, Manufacturing, Oil And Gas, Mining And Quarrying, and more) and Logistics Function (Courier, Express, And Parcel (CEP), Freight Forwarding, Freight Transport, and more). The report includes market value in USD for all segments and more.

The Vietnam logistics industry, valued at approximately $XX million in 2025 (assuming a logical extrapolation from the provided 2019-2024 data and 5.98% CAGR), is experiencing robust growth driven by the nation's expanding e-commerce sector, manufacturing boom, and increasing foreign direct investment. Key segments contributing to this expansion include courier, express, and parcel (CEP) services, driven by rising consumer demand for faster delivery times, and temperature-controlled logistics, crucial for the thriving agricultural and food processing industries. The construction, manufacturing, and oil & gas sectors are also significant contributors to the industry’s demand. Growth is further fueled by government initiatives to improve infrastructure, such as port modernization and development of national logistics networks, aiming to enhance connectivity and efficiency across the country. However, challenges remain, including infrastructure limitations in certain regions, a shortage of skilled labor, and increasing fuel costs, which could potentially restrain future growth. Addressing these challenges is crucial for sustained industry expansion. Despite these restraints, the long-term outlook for the Vietnam logistics industry remains positive. The projected CAGR of 5.98% from 2025 to 2033 indicates a significant market expansion, exceeding $YY million by 2033 (Again, assuming logical extrapolation based on provided data). This growth will be shaped by continued technological advancements, such as the adoption of automation and digitalization in logistics operations, leading to greater efficiency and cost reduction. The increasing preference for sustainable and environmentally friendly practices within the industry will also drive innovation and adoption of greener solutions, creating further opportunities for growth and diversification within the market. Key players, including both international and domestic companies, are strategically positioning themselves to capitalize on this growth by expanding their service offerings, enhancing technological capabilities, and focusing on strategic partnerships. Recent developments include: October 2024: Gemadept Corporation had expanded its fleet by adding the Super Ship ONE INTELLIGENCE ship(Length: 400m; Carrying capacity: 24,136 TEU, Tonnage: 223,200 DWT). ONE INTELLIGENCE belongs to the FE3 service line of the shipping line alliance THE Alliance (Hapag-Lloyd, ONE, HMM, Yang Ming). By leveraging economies of scale and integrating innovative technologies, ONE aims to significantly reduce carbon emissions.January 2024: DHL Express has commenced services for the final Boeing 777 freighter deployed at the South Asia Hub in Singapore. With a payload capability of 102 tons, the aircraft joins the four other Boeing 777 freighters already deployed in Singapore to boost inter-continental connectivity between the Asia Pacific and the Americas. Sporting a dual DHL-Singapore Airlines (SIA) livery, these five freighters provide a total of 1,224 tons of payload capacity to meet growing customer demand for international express shipping services.January 2024: Kuehne + Nagel has announced its Book & Claim insetting solution for electric vehicles, to improve its decarbonization solutions. Developing Book & Claim insetting solutions for road freight was a strategic priority for Kuehne + Nagel. Customers who use Kuehne + Nagel's road transport services can now claim the carbon reductions of electric trucks when it is not possible to physically move their goods on these vehicles.. Key drivers for this market are: Growing trade relations, Increased demand for perishable goods. Potential restraints include: Cargo theft, High cost of maintainig. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

The Vietnam logistics industry is experiencing robust growth, driven by the country's burgeoning e-commerce sector, expanding manufacturing base, and increasing foreign direct investment. The industry's value is substantial, with a significant market size and a healthy Compound Annual Growth Rate (CAGR). Key growth drivers include the development of improved infrastructure, such as ports and roads, a rising middle class fueling consumer spending, and government initiatives aimed at modernizing the logistics sector. The expansion of industrial zones and special economic zones further contributes to the industry’s expansion. While challenges remain, such as infrastructure limitations in certain regions and a shortage of skilled labor, the overall outlook for the Vietnam logistics market remains positive. This growth is particularly evident in segments like courier, express, and parcel (CEP) services, fueled by the rapid adoption of online shopping. Freight forwarding, particularly through air and sea transport, also shows significant potential, given Vietnam's role in global supply chains. The warehousing and storage sector is expanding to accommodate the increased volume of goods movement, with a notable increase in demand for temperature-controlled storage. Competitive pressures are significant, with both domestic and international players vying for market share. However, the industry's robust growth prospects make it an attractive investment destination for both local and international companies. The competitive landscape is dynamic, with both established global players and domestic companies competing for market share. Strategic partnerships, mergers and acquisitions, and technological innovations are reshaping the industry. The adoption of technology, such as logistics management systems and automation, is crucial for improving efficiency and competitiveness. Furthermore, the industry is increasingly focusing on sustainability initiatives, driven by growing environmental concerns and stricter regulations. This shift toward greener logistics solutions presents opportunities for companies that can effectively implement environmentally friendly practices. A focus on enhancing supply chain resilience and visibility is also crucial given global uncertainties. This includes improving tracking capabilities, strengthening risk management practices, and building more diverse supply chains. The future of the Vietnam logistics industry hinges on addressing these challenges and leveraging emerging opportunities to achieve sustainable and inclusive growth. Recent developments include: October 2024: Gemadept Corporation had expanded its fleet by adding the Super Ship ONE INTELLIGENCE ship(Length: 400m; Carrying capacity: 24,136 TEU, Tonnage: 223,200 DWT). ONE INTELLIGENCE belongs to the FE3 service line of the shipping line alliance THE Alliance (Hapag-Lloyd, ONE, HMM, Yang Ming). By leveraging economies of scale and integrating innovative technologies, ONE aims to significantly reduce carbon emissions.January 2024: DHL Express has commenced services for the final Boeing 777 freighter deployed at the South Asia Hub in Singapore. With a payload capability of 102 tons, the aircraft joins the four other Boeing 777 freighters already deployed in Singapore to boost inter-continental connectivity between the Asia Pacific and the Americas. Sporting a dual DHL-Singapore Airlines (SIA) livery, these five freighters provide a total of 1,224 tons of payload capacity to meet growing customer demand for international express shipping services.January 2024: Kuehne + Nagel has announced its Book & Claim insetting solution for electric vehicles, to improve its decarbonization solutions. Developing Book & Claim insetting solutions for road freight was a strategic priority for Kuehne + Nagel. Customers who use Kuehne + Nagel's road transport services can now claim the carbon reductions of electric trucks when it is not possible to physically move their goods on these vehicles.. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

The Vietnam logistics industry, valued at approximately $XX million in 2025, is experiencing robust growth, projected to maintain a Compound Annual Growth Rate (CAGR) of 5.98% from 2025 to 2033. This expansion is driven by several key factors. Firstly, Vietnam's burgeoning manufacturing sector, particularly in electronics and textiles, necessitates efficient logistics networks for both inbound raw materials and outbound finished goods. Secondly, the rise of e-commerce is fueling demand for robust last-mile delivery solutions, particularly in Courier, Express, and Parcel (CEP) services. The growth of foreign direct investment (FDI) and increasing international trade further contribute to this expansion. Finally, government initiatives aimed at modernizing infrastructure, such as port expansions and improved road networks, are creating a more favorable environment for logistics operators. The industry is segmented by end-user industry (e.g., manufacturing, agriculture), logistics function (e.g., freight forwarding, warehousing), and destination type (domestic, international). While the industry faces challenges like infrastructure limitations in certain regions and skilled labor shortages, the overall outlook remains positive due to sustained economic growth and increasing integration into global supply chains. The competitive landscape is characterized by a mix of both international giants like DHL, UPS, and Maersk, and domestic players like ViettelPost and Giao Hang Nhanh. The presence of these multinational companies signifies the industry's global significance. However, the success of local firms indicates opportunities for specialized services and localized expertise. Future growth will likely be shaped by technological advancements, including the adoption of automation and digitalization in warehousing and transportation, as well as increased focus on sustainability and supply chain resilience. The industry's ability to adapt to these trends will determine its long-term success in the rapidly evolving global logistics market. The focus on enhancing infrastructure and attracting further investment will solidify Vietnam's position as a key logistics hub in Southeast Asia. Recent developments include: October 2024: Gemadept Corporation had expanded its fleet by adding the Super Ship ONE INTELLIGENCE ship(Length: 400m; Carrying capacity: 24,136 TEU, Tonnage: 223,200 DWT). ONE INTELLIGENCE belongs to the FE3 service line of the shipping line alliance THE Alliance (Hapag-Lloyd, ONE, HMM, Yang Ming). By leveraging economies of scale and integrating innovative technologies, ONE aims to significantly reduce carbon emissions.January 2024: DHL Express has commenced services for the final Boeing 777 freighter deployed at the South Asia Hub in Singapore. With a payload capability of 102 tons, the aircraft joins the four other Boeing 777 freighters already deployed in Singapore to boost inter-continental connectivity between the Asia Pacific and the Americas. Sporting a dual DHL-Singapore Airlines (SIA) livery, these five freighters provide a total of 1,224 tons of payload capacity to meet growing customer demand for international express shipping services.January 2024: Kuehne + Nagel has announced its Book & Claim insetting solution for electric vehicles, to improve its decarbonization solutions. Developing Book & Claim insetting solutions for road freight was a strategic priority for Kuehne + Nagel. Customers who use Kuehne + Nagel's road transport services can now claim the carbon reductions of electric trucks when it is not possible to physically move their goods on these vehicles.. Key drivers for this market are: Growing trade relations, Increased demand for perishable goods. Potential restraints include: Cargo theft, High cost of maintainig. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

The ASEAN freight and logistics market presents a dynamic landscape characterized by robust growth fueled by expanding e-commerce, industrialization, and increasing cross-border trade within the region. While precise market size figures for 2025 are unavailable, leveraging the provided CAGR (Compound Annual Growth Rate) and considering the significant economic activity in ASEAN, a reasonable estimate for the 2025 market value would be in the range of $50-70 billion USD. This is based on extrapolating from past growth trends and acknowledging the region's expanding infrastructure and manufacturing base, particularly in countries like Vietnam, Thailand, and Indonesia. Key drivers include the rising middle class demanding faster and more reliable deliveries, increasing foreign direct investment spurring manufacturing and export growth, and the development of improved transportation networks such as enhanced ports and improved road connectivity. Significant growth opportunities exist across various segments. The Courier, Express, and Parcel (CEP) segment, propelled by e-commerce expansion, is likely experiencing particularly strong growth. Similarly, the freight forwarding sector, particularly air and sea freight, is benefiting from increased international trade. The warehousing and storage segment, especially temperature-controlled facilities, is also showing promising growth potential driven by the rising demand for perishable goods and pharmaceuticals. However, challenges remain, including infrastructure limitations in certain areas, inconsistent regulatory frameworks across the diverse ASEAN nations, and the ongoing need for improved digitalization and technological integration within the logistics sector. Overcoming these hurdles will be crucial in unlocking the full potential of this rapidly evolving market. Competition among established global players and regionally dominant companies is intensifying, necessitating strategic partnerships and operational efficiencies to maintain a competitive edge. Recent developments include: January 2024: DHL Express has commenced services for the final Boeing 777 freighter deployed at the South Asia Hub in Singapore. With a payload capability of 102 tons, the aircraft joins the four other Boeing 777 freighters already deployed in Singapore to boost inter-continental connectivity between the Asia Pacific and the Americas. Sporting a dual DHL-Singapore Airlines (SIA) livery, these five freighters provide a total of 1,224 tons of payload capacity to meet growing customer demand for international express shipping services.January 2024: Kuehne + Nagel has announced its Book & Claim insetting solution for electric vehicles, to improve its decarbonization solutions. Developing Book & Claim insetting solutions for road freight was a strategic priority for Kuehne + Nagel. Customers who use Kuehne + Nagel's road transport services can now claim the carbon reductions of electric trucks when it is not possible to physically move their goods on these vehicles.December 2023: PT Yusen Logistics Solutions (Indonesia), a major subsidiary of NYK Line has opened its new temperature-controlled cold storage facility in Bekasi, Indonesia. It is specifically catered for pharmaceutical and medical devices. This new cold storage facility was a part of the company's strategy to provide healthcare customers with an additional cold chain storage facility in compliment to Yusen’s existing international forwarding, customs brokerage, and domestic transport services.. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

The Vietnam Foodservice Market report segments the industry into Foodservice Type (Cafes & Bars, Cloud Kitchen, Full Service Restaurants, Quick Service Restaurants), Outlet (Chained Outlets, Independent Outlets), and Location (Leisure, Lodging, Retail, Standalone, Travel). Get five years of historical data alongside five-year market forecasts.

The ASEAN Cross-Border Road Freight Transport industry is experiencing robust growth, driven by increasing intra-regional trade, expanding manufacturing and e-commerce activities, and the development of improved infrastructure connecting ASEAN nations. The industry's size, while not explicitly stated, can be reasonably estimated based on global trends and the significant economic activity within ASEAN. Considering the presence of major logistics players like DHL and DB Schenker actively operating in the region, coupled with the high volume of goods transported across borders, the market size likely surpasses several billion USD annually. A Compound Annual Growth Rate (CAGR) of approximately 7-8% is plausible, reflecting the strong economic growth and infrastructure development initiatives in the region. Key drivers include the burgeoning e-commerce sector fueling demand for last-mile delivery, expanding manufacturing bases necessitating efficient cross-border logistics, and government initiatives aimed at streamlining customs procedures and improving road connectivity. However, challenges remain, including inconsistent infrastructure quality across the region, bureaucratic hurdles, and potential trade disputes impacting the smooth flow of goods. Segmentation by end-user industry reveals significant contributions from manufacturing, agriculture, and e-commerce, while the construction and oil & gas sectors also contribute substantial volumes. The competitive landscape is characterized by a mix of global giants and regional players, creating both opportunities and challenges for market entrants. Future growth will likely depend on further infrastructure improvements, the implementation of digital logistics solutions, and the continued economic growth of ASEAN member states. Further growth is projected across the forecast period (2025-2033) with the market witnessing continued expansion fuelled by the ongoing development of regional economic integration initiatives like the ASEAN Economic Community (AEC). The rising middle class within the ASEAN region is further stimulating demand for consumer goods, consequently increasing the reliance on efficient cross-border road freight transport. While challenges such as fluctuating fuel prices and geopolitical uncertainties may present short-term headwinds, the long-term prospects for the industry remain positive. Increased adoption of technology, including advanced tracking and management systems, will likely contribute to improved efficiency and transparency. Focusing on sustainability and reducing carbon emissions will also become increasingly important aspects of the industry in the coming years. Recent developments include: June 2023: DHL Express has geared up to electrify its last-mile delivery fleet by deploying 24 electric vans in Jakarta and Bandung. The new electric vehicles will join the existing fleet which includes four electric vans and six electric bikes serving areas in Jakarta and Surabaya.June 2023: Chery Malaysia signed a logistic services agreement with Tiong Nam Logistics Holdings Berhad, which is responsible for spare parts warehousing and transportation logistics services. Tiong Nam Logistics has obtained the rights to handle Chery’s spare parts warehousing and transportation in Malaysia, including heavy-duty vehicle models such as TIGGO 8 PRO and OMODA5.May 2023: Kerry Express (KEX),has announced a partnership with All Speedy Co, a subsidiary of CP All, to extend its services to 7-Eleven branches across the country. This cooperation between Kerry Express and All Speedy is aimed at increasing the availability of their express parcel delivery service by leveraging the extensive nationwide network of 7-Eleven outlets.. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

A report by Q&Me revealed that as of March 2023, Lotteria and KFC were the leading fast-food restaurant chains in Vietnam by number of stores, with 160 and 145 outlets, respectively. According to the source, the number of chain restaurants in Vietnam totaled over 1.4 thousand that year.

Growth of the fast-food industry in Vietnam

KFC and Lotteria were among the first international chains to enter the Vietnamese fast-food market in the late 1990s. Over the next decade, the fast-food industry enjoyed substantial growth and popularity among Vietnamese diners, particularly among the younger generations. However, in the mid-2010s, the American fast-food giant McDonald’s struggled to gain a foothold in Vietnam’s crowded fast-food scene despite their global dominance. As of 2021, McDonald’s reportedly operated and franchised over 40 thousand restaurants in over 100 countries worldwide. Out of these, just 20 were located in Vietnam.

Vietnam’s F&B market on the rise of food delivery services

Quick-service restaurants looking to enter the Vietnamese F&B market would need to compete against the country’s street food sector. Amid the fast-food craze, street vendors and food stalls have remained the most prevalent type of food and beverage business in Vietnam. However, 2020 was a difficult year for Vietnam’s F&B market when the COVID-19 pandemic posed significant challenges to the country’s economy. As a result, food delivery services has witnessed significant growth to meet the needs of the population during the lockdown period. Fast-food restaurants, on the other hand, were better able to adapt to the trend by utilizing online delivery services even after the lockdown was lifted. According to a survey conducted among Vietnamese consumers, around 60 percent of respondents revealed that they had ordered fast food on delivery apps, as of April 2023.