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Vietnam Express Delivery Service Market size was worth around $900 Million in 2022 and is predicted to grow to around $4900 Million by 2030 at a CAGR rate of 23.8%.
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.
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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.
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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.
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The Vietnam courier, express, and parcel (CEP) market is experiencing robust growth, driven by the burgeoning e-commerce sector and a rising middle class with increasing online shopping habits. The market, segmented by delivery speed (express and non-express), business models (B2B, B2C, C2C), shipment weight (light, medium, heavy), mode of transport (air, road, others), and end-user industry (e-commerce, BFSI, healthcare, manufacturing, primary industry, wholesale & retail, others), presents diverse opportunities for players. While precise market size figures for 2025 are unavailable, extrapolating from available data and considering the high growth potential of the Vietnamese economy, a reasonable estimation would place the market size in the range of $2-3 billion USD in 2025. This signifies a substantial increase from previous years, fueled by expanding logistics infrastructure and advancements in technology, such as improved tracking systems and delivery optimization software. The key growth drivers include increasing disposable incomes, government support for digital transformation, and the proliferation of smartphones enabling seamless online transactions. However, challenges remain such as managing last-mile delivery complexities in densely populated urban areas, maintaining consistent service quality across diverse geographic locations, and staying competitive amidst a growing number of players. The competitive landscape is characterized by both domestic and international players, with established global brands competing against agile local companies adept at navigating the unique demands of the Vietnamese market. The forecast period (2025-2033) projects continued expansion, driven by ongoing e-commerce penetration and the country's economic development. Significant market segmentation exists within the Vietnam CEP market. The e-commerce sector accounts for a substantial portion of the market volume, reflecting the rapid expansion of online retail in Vietnam. Express delivery services are experiencing faster growth compared to non-express, driven by consumer demand for speed and efficiency. The B2C segment dominates, reflecting the prevalence of online consumer shopping. Road transport currently holds the largest share of the mode of transport segment, while air freight plays a significant role in express deliveries. However, ongoing investments in infrastructure and the expansion of logistics networks suggest the potential for a rise in air freight's market share. Challenges for market players include managing fluctuating fuel prices, navigating regulatory changes, and ensuring efficient workforce management to meet the rising demand for delivery services across diverse segments. Future growth will depend on innovation, investments in technology, and effective strategies to overcome logistical hurdles and expand reach within the country. 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.. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.
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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.
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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.
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The Vietnam courier, express, and parcel (CEP) market reached approximately USD 2.02 Billion in 2024. The market is projected to grow at a CAGR of 5.80% between 2025 and 2034, reaching a value of around USD 3.55 Billion by 2034.
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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.
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The Southeast Asia Postal Service Market, valued at approximately $4.2 billion in 2025 (estimated based on regional weighting within the global market size of $18.43 billion), is experiencing robust growth, fueled by a burgeoning e-commerce sector and increasing cross-border trade. The region's young and rapidly expanding population, coupled with rising disposable incomes, is driving demand for faster, more reliable postal and express delivery services. Key growth drivers include the expansion of logistics infrastructure, technological advancements such as automated sorting systems and real-time tracking, and government initiatives promoting digitalization and efficient supply chains. Competition is intense, with both international giants like DHL, FedEx, and UPS, and regional players like Ninja Van, Pos Malaysia, and Singapore Post vying for market share. This competition is fostering innovation and driving down prices, benefiting consumers and businesses alike. Challenges include overcoming geographical limitations, varying regulatory environments across different Southeast Asian countries, and the need to improve last-mile delivery efficiency, particularly in less developed areas. The market segmentation reveals a strong demand for both express and standard postal services, with parcels exceeding letters in volume due to e-commerce growth. International deliveries are expected to grow faster than domestic ones, mirroring the rise in global trade within the region and beyond. The forecast period (2025-2033) anticipates continued expansion, driven by the aforementioned factors. The projected Compound Annual Growth Rate (CAGR) of 8.61% suggests a significant market expansion over the forecast period. Growth will likely be uneven across Southeast Asia, with countries like Indonesia, Vietnam, and the Philippines exhibiting faster growth due to larger populations and high e-commerce penetration. To maintain competitiveness, postal service providers will need to invest in technological upgrades, strategic partnerships, and enhanced last-mile delivery networks. This includes exploring innovative delivery models like drone delivery and expanding their network into underserved areas. Furthermore, effective regulatory frameworks and cross-border collaborations will be crucial in enabling seamless and efficient postal services across the region, boosting overall market growth. Recent developments include: • October 2023: Singapore Post Limited issued stamps to commemorate the 165 years of postal services in Singapore. The issue of stamps is an example of how Singapore's postal services have changed throughout its history, from colonial times to nationhood, and today, it is a globally connected city., • October 2023: FedEx Express is expanding its international flights between Vietnam and Europe with the introduction of a new flight that offers better transit times. To tap into the vast growth potential in the region, FedEx is supporting businesses with nine weekly flights from Ho Chi Minh City., • March 2023: Pos Indonesia committed to speeding up the development of a logistics sector in eastern Indonesia to promote economic equality in the outermost, frontier, and lagging regions. The regional division has a supporting capacity of 42 main branches, 168 branch offices, and 4,308 subbranches covering all the provinces in Indonesia., . Key drivers for this market are: Expansion of Ecommerce, Rapid Urbanization and Population Growth. Potential restraints include: Expansion of Ecommerce, Rapid Urbanization and Population Growth. Notable trends are: Rise in Logistical Technology Innovation.
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The Vietnam Foodservice Market size was valued at USD 22.32 Billion in 2024 and is projected to reach USD 51.43 Billion by 2032, growing at a CAGR of 11% from 2026 to 2032.
Vietnam Foodservice Market Drivers
Rising Disposable Income and Urbanization: Growing income levels and rapid urbanization are driving increased spending on dining out, convenience foods, and premium dining experiences. As more people move to cities, demand for diverse and high-quality foodservice options continues to expand. Urban residents spend approximately 75% more on dining out compared to their rural counterparts, with major cities like Ho Chi Minh City and Hanoi seeing a 32% increase in foodservice establishments between 2021-2023.
Digital Adoption and Food Delivery Growth: The widespread adoption of digital platforms, mobile apps, and e-payment solutions has fueled the growth of online food delivery services. The rise of food aggregators and quick-service delivery options has made dining more accessible and convenient for consumers. Vietnam's food delivery market has experienced explosive growth, with the Vietnam Digital Economy Report showing that online food delivery services reached USD 951 Million in 2023, a 157% increase from 2020.
International Cuisine Integration: The increasing exposure to global food trends and rising demand for international cuisines have transformed Vietnam’s foodservice landscape. Restaurants and cafes are incorporating diverse culinary offerings, catering to evolving consumer preferences and attracting both locals and tourists. The Vietnam Trade Promotion Agency reports that international restaurant chains grew by 43% between 2020-2023, with over 200 foreign food and beverage brands now operating in Vietnam. Local consumers are increasingly embracing international cuisines, with Japanese, Korean, and Western restaurants seeing a compound annual growth rate of 25% from 2021 to 2023.
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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.
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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.
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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.
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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.
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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.
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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.
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The Vietnam road freight transport industry is experiencing robust growth, projected to maintain a Compound Annual Growth Rate (CAGR) of 5.98% from 2025 to 2033. This expansion is fueled by several key drivers. The burgeoning e-commerce sector necessitates efficient last-mile delivery solutions, significantly boosting demand for road freight. Furthermore, Vietnam's expanding manufacturing and industrial sectors, particularly in construction, oil and gas, and agriculture, contribute substantially to freight volume. Increased infrastructure investment in roadways and logistics hubs across the country also enhances connectivity and capacity. The shift towards just-in-time manufacturing and supply chain optimization strategies further propels the sector's growth. While the industry faces challenges such as fluctuating fuel prices and driver shortages, these are being addressed through technological advancements in fleet management and driver training programs. The industry's segmentation reveals a diverse landscape with significant opportunities across various end-user industries, load types (FTL and LTL), and transportation distances (long and short haul). The domestic market currently holds a larger share but international freight is exhibiting faster growth, indicating a strong potential for expansion into regional and global markets. Growth in specific segments like temperature-controlled transportation for food and pharmaceutical products suggests diversification and sophistication within the sector. The competitive landscape is characterized by a mix of large multinational players like Maersk and DHL, alongside numerous domestic logistics providers. The presence of both international and domestic companies indicates a healthy level of competition driving innovation and efficiency improvements. The ongoing consolidation and strategic partnerships within the industry suggest a trend towards greater market concentration in the coming years. Future growth will likely be shaped by the government's ongoing efforts to improve infrastructure, streamline regulations, and promote digitalization within the logistics sector. Key success factors for companies will include operational efficiency, technological adoption, and a strong focus on customer service to navigate the complexities of this dynamic market. This report provides a detailed analysis of the Vietnam road freight transport industry, covering the period 2019-2033, with a focus on the estimated year 2025. It offers invaluable insights for businesses operating in or planning to enter this dynamic market, projected to reach billions in value by 2033. The report leverages extensive data analysis from the historical period (2019-2024) and incorporates recent industry developments to deliver precise forecasts (2025-2033). This in-depth study examines key market segments, including Full-Truck-Load (FTL) and Less-than-Truck-Load (LTL) transport, various goods configurations (fluid and solid), temperature-controlled and non-temperature-controlled transport, and both domestic and international freight movements across short-haul and long-haul distances. We analyze the impact of key players like A P Moller - Maersk, DHL Group, and GEODIS, and delve into the effects of government regulations on the industry's growth trajectory. Recent developments include: August 2023: Viettel Post and KOIMA also signed a strategic cooperation agreement in the fields of logistics, investment, and trade. This initiative is aligned with Viettel Post's strategy to establish a national logistics infrastructure and promote cross-border commerce.August 2023: GEODIS has expanded its Road Network from Southeast Asia (SEA) to China providing secure day-definite, and environmentally friendly solutions connecting Singapore, Malaysia, Thailand, Vietnam, and China. GEODIS Road Network is integrated with major air and sea ports and offers multimodal options to meet customer needs. Road network has offically launched on August 2023.July 2023: Nippon Express (Vietnam) has opened its NX Yen Phong Logistics Center in the northern province of Bac Ninh. The warehouse will perform tasks such as inventory control, sorting, and packing of apparel and electrical/electronic equipment. It will also serve as a distribution center for Hanoi and other parts of northern Vietnam and provide bonded inventory management services for Export Processing Enterprises (EPEs).. 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.
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Vietnam fast food market size reached USD 4.5 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 6.4 Billion by 2033, exhibiting a growth rate (CAGR) of 3.6% during 2025-2033. The increasing integration of technology, including mobile apps for ordering, online delivery services, and self-service kiosks, which has enhanced the customer experience and convenience of fast food, is driving the market.
Report Attribute
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Key Statistics
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Base Year
| 2024 |
Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 4.5 Billion |
Market Forecast in 2033 | USD 6.4 Billion |
Market Growth Rate (2025-2033) | 3.6% |
MARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on product type and end user.
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Vietnam Express Delivery Service Market size was worth around $900 Million in 2022 and is predicted to grow to around $4900 Million by 2030 at a CAGR rate of 23.8%.