Ankur Gupta

Surging Consumer Demand for Faster Delivery of Goods have led Various E-commerce Logistics Service Providers in Vietnam to Majorly Focus towards the Last Mile Delivery: Ken Research

Press Release   •   Apr 10, 2018 14:28 IST

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:

https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/vietnam-logistics-market/144734-100.html

Related Reports:

https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/indonesia-logistics-warehousing-market/142316-100.html

https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/philippines-logistics-report-2020-version/7988-100.html

https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/singapore-logistics-warehousing-market/134595-100.html

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