Speedy development of online trading activities within the country has led to express delivery firms in the domestic market to improve their fees and speed of the delivery, thereby increasing competitiveness in the market.
The report titled “Vietnam Express and E-Commerce Logistics Market Outlook to 2022 – By Air and Ground Express, By Channel (3PL and E-Commerce Merchants), By Intercity and Intracity Orders and By Payment Method (Cash on Delivery and Others)” by Ken Research suggested a growth at a noteworthy six year CAGR of 22.8% in Vietnam express delivery market and 42.1% in Vietnam E-commerce logistics market in terms of revenue 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.
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 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:
Express Delivery Market in Vietnam
E-Commerce Logistics Market in Vietnam
Vietnam Express Delivery Industry
Growth E-Commerce Logistics Market
Vietnam E-Commerce Industry Size
E-Commerce Logistics Players in Vietnam
International Express Delivery Firms in Vietnam
Domestic Express Delivery Firms in Vietnam
Vietnam Express Delivery Sector Trends
Vietnam E-Logistics Industry Size
Vietnam Express Delivery Market Size
Express Delivery Services in Vietnam
Express Delivery Services in Hanoi
Express Delivery Services in Ho Chi Minh City
Express Delivery Services in Da Nang
Normal and Express Delivery in Vietnam
List of Express Delivery Firms in Vietnam
List of E-Commerce Logistics Players in Vietnam
Major Players in Vietnam Express Delivery
Major Players in Vietnam E-Commerce Logistics
Vietnam Express Delivery News
Vietnam E-Commerce Logistics News
Government Regulations Vietnam Logistics
How to setup a Logistics Firm in Vietnam
Competition Express Delivery Vietnam
Competition Vietnam E-Commerce Logistics
Market Share VN Post Vietnam
E-Commerce Logistics Future Outlook Vietnam
Express Delivery Future Outlook Vietnam
For more information on the research report, refer to below link:
Ankur Gupta, Head Marketing & Communications
Ken Research provides bespoke industry intelligence, equity research reports and business consulting services on gamut of sectors across the globe. Our Research process follows interactive brainstorming sessions to gather information from a wide range of sources. We use advanced information management tools, sophisticated analytical systems and methodologies to help our clients with crucial industry information for decision making.