Ken Research Pvt. Ltd.

Vietnam 3PL Market Future Projections, Future of 3PL Services in Vietnam

Press Release   •   Apr 09, 2018 16:11 IST

Vietnam 3PL market by Market (Freight Forwarding and Warehousing Services) and by Companies (International Companies and Domestic Companies); Major Players Operating in Vietnam 3PL Market (DHL Vietnam, Damco Vietnam, FedEx, Kerry Logistics, Gemadept, Vinafco, Transimex Saigon and others.

  • The growth in Vietnam’s E-commerce industry is likely to drive the country’ 3PL market.
  • With Vietnam’s accession to World Trade Organization (WTO), restriction on foreign entities have been reduced.

Over the forecasted period 2018-2022, 3PL companies operating in Vietnam will be emphasizing more towards technological upgradation in order to increase client interactions. Growth in Vietnam’s E-commerce industry is further expected to drive the country’s 3PL market due to an increase in demand for faster delivery of goods, efficient inventory management, freight forwarding and individualized shipping time. Increasing globalization is encouraging companies across several industry verticals such as E-commerce, food and beverage, durable manufacturing, and general merchandising to expand their geographical presence, therefore creating a positive impact on 3PL market. Third-party logistics outsourcing is rapidly gaining importance in the country as more and more corporations across the world are unable to manage their complex supply chains.

Vietnam’s accession to the WTO has given a surge to the country’s FDI levels as more and more foreign entities were witnessed to setup their manufacturing facility within Vietnam. Increasing investments have given a rise to the production and sales of domestic as well as international products within Vietnam along with their transportation needs, thus providing companies with an option to in-house the delivery process or outsource it to a 3PL provider. Logistics outsourcing brings many benefits to the business such as it reduces capital, improves customer service, faster delivery of goods, developing business relationships and improved access to information.

Analysts at Ken Research in their latest publication “Vietnam Third Party Logistics (3PL) Market Outlook to 2022 – By Freight Forwarding and Warehousing 3PL Services and By International Companies and Domestic Companies” believe that companies focusing on untapped market, developing innovative technological solutions and collaboration between trade related companies and Logistics Service Providers (LSPs) will have a positive impact on the market.

Vietnam 3PL market is expected to register a positive CAGR of 13.6% during the forecast period 2018-2022. The market is further expected to be driven by expanding industrial activities, growing consumer preference for online shopping, upcoming infrastructure in the country & continuous investment by the government in development of logistics infrastructure and consistent economic growth.


Third Party Logistics Market in Vietnam

Vietnam’s 3PL Market

3PL Network in Vietnam

Logistics Firms 3PL Share Vietnam

3PL Companies Position Vietnam

Thị Trường Hậu Cần Của Bên Thứ Ba

Vietnam 3PL Market

3PL Service Providers in Vietnam

Logistic Services E-Commerce Vietnam

Vietnam 3PL Industry

Vietnam 3PL Sector Growth

Vietnam 3PL Present Scenario

Current Situation 3PL Services Vietnam

Emerging Market Trends in Vietnam Third Party Logistics

Vietnam 3PL Industry Stage

Vietnam 3PL Market Growth

Vietnam 3PL Industry Trends

Vietnam 3PL Market Size

Third Party Logistics Services in Vietnam

3PL Services in Hanoi

3PL Services in Ho Chi Minh City

3PL Services in DA Nang

International 3PL Companies Vietnam

Domestic 3PL Companies Vietnam

Vietnamese 3PL Companies

Number of 3PL Service Providers in Vietnam Logistics Industry

List of 3PL Service Providers in Vietnam

Vietnam 3PL Market Competition Scenario

Impact on Vietnam 3PL Market

Vietnam-EU Trade Agreement Third Party Logistics

Players Vietnam Third Party Logistics

Government Regulations Vietnam Logistics

Vietnam 3PL Companies

3PL Future Outlook Vietnam

Vietnam 3PL Market Future Projections

Future of 3PL Services in Vietnam

Vietnamese Third Party Logistics Service Providers

For more information on the research report, refer to below link:

Related Reports

Contact Us:

Ken Research

Ankur Gupta, Head Marketing & Communications


Ken Research is a Global aggregator and publisher of Market intelligence research reports, equity reports, data base directories and economy reports. Our market research reports provides market sizing analysis, insights on promising industry segments, competition, future outlook and growth drivers in the space. The company is engaged in data analytics and aids clients in due-diligence, product expansion, plant setup, acquisition intelligence to all the other gamut of objectives through our research focus.