September 06 2017


Vietnam Logistics Market Report 2017

Total Page:

105 Pages




Financial Service


within 1 day(s)

40.775.000 VND

USD 1,750.0

StoxPlus is pleased to introduce Vietnam Logistics Market 2017, the second issue on this sector. This report presents a broad range of topics, both sector-specific and cross-cutting market issues.

The aim of this study is to analyse Vietnam logistics market (market structure, size, value chain and SWOT analysis) and present an outlook on market growth, opportunities, and performance. The major focuses are market trends and performance in key logistics segments: Transportation (Road, Inland Waterway, Ocean, Rail and Air), Warehousing, Forwarding and Port Operation.

In addition, the in-depth review on the participation of foreign entities (industry players & investors) in terms of ownership and financial performance of public logistics companies in Vietnam during 2011 – 2016, empowered by the most comprehensive and insightful corporate database for Vietnam – our Biinform database & FiinPro Platform, are also included in the report.

Below are some highlights from our second issue:

1)       Total logistics costs in Vietnam are estimated at US$41.26bn in 2016, equivalent to 20.8% of GDP. In 2015, total logistics cost reached US$38.85bn in Vietnam, accounting for around 20.8% of total GDP (US$186bn). Typically, the proportion of total logistics cost in relation to a country’s GDP reveals the state of its logistics sector. The rate in China is 15.4%, in developed countries like the United States (US) and Singapore is about 8-9%.

2)       Foreign-invested players are dominating the market with experience and professional management. Fierce competition from foreign enterprises: though there are only over 25 foreign companies participating in logistics sector, those FDI captured the majority of market share, providing high-value-added logistics service, e.g. international shipping, supply chain management.

3)       Road transport is the backbone of Vietnamese freight transport. Supply chains are exposed to an extensive but inadequate road network. Supply chains in Vietnam rely on an underdeveloped road network to meet its logistics needs, which inevitably leads to congestion and safety issues. Inconsistencies across the transport network in terms of extent and quality are one of the most problematic factors for firms doing business in Vietnam.

4)       Forwarding in Vietnam include ICD and CFS service. Regarding for ICD, there are 21 inland container depots (ICD) concentrating in the North and the South. (Central does not have ICD yet) as of 2016. For CFS service, foreign companies dominated the market. Domestic companies mainly play as agency. Biggest players include Gemagept, DRACO and Safi.

5)       Warehousing sector in Vietnam can be segmented into two main categories including dry warehouse and cold storage warehouse. Dry warehouse serves storage demand of manufacturers and distributors, especially FMCG companies with big names including DKSH, DHL, Mappletrees, Gemadept, DRACO, Vinafco and Transimex.

6)       Three main sources of logistics demand include export, industrial expansion and FMCG market. Of which, export and grocery retailers are expected to be drivers for logistics demand growth in the future thanks to a number of FTAs signed in 2015 such as Vietnam-Korean Free Trade Agreement (VKFTA), ASEAN Economic Community (AEC). Hence, logistics demands including cold storage for preserving the goods serving for importing and exporting purposes are expected to bound.

7)       Listed Logistics Companies posted a good performance in the review period with average net profit margin of 8.2% in 2016. In this report, financial performance of logistics companies by size range, segmentation and ownership structure is also included.

Download Report Preview Here




Executive Summary

4 - 6


Overview of Vietnam Logistics Sector

8 - 19


Market Structure & Description

8 - 12


Market Size & Segmentation

13 - 16


SWOT Analysis

17 - 19


Analysis of Vietnam Logistics Sector

20 - 62


Logistics Infrastructure in Vietnam

20 - 22



23 - 36



37 - 42



43 - 52


Port Operation

53 - 57


Demand Analysis

58 - 62


M&A Transactions in Vietnam Logistics Sector

63 - 66


Sector Performance

67 - 77


Foreign Ownership

67 - 72


Financial Benchmarking & Analysis

73 - 77



78 - 85


Macroeconomic Condition

78 - 83


Legal Framework

84 - 85




Appendix 1: Profiling of Top Logistics Companies

86 - 96


Tags: Vietnam Logistics 2017, Vietnam warehousing sector, Vietnam forwarding sector, Vietnam transportation sector, Vietnam cold chain sector, Vietnam cold storage sector, Vietnam import and export, M&A in Vietnam Logistics Sector, ICD in Vietnam, Port Operatio

Expert Assistance & More Information

Our expert will help you find what you need. Contact our Customer Support for more information:

Hanoi Head Office:

Monday – Friday, from 8:30 to 18:00 Vietnam Time

Ho Chi Minh Office

Monday – Friday, from 8:30 to 18:00 Vietnam Time

Related Reports

Vietnam Cement Market Report 2023

May 14 2023


69 pages

Vietnam cement market in 2022 witnessed a decrease both in cement and clinker demand from both domestic consumption and export markets, mainly driven by the gloomy real estate market and rising production costs. As a result, Vietnam cement market is forecasted to have a negative outlook in 2023 and could recover from 2024 onwards. In Vietnam Cement Market Report 2023, FiinGroup will provide detailed analysis about cement market situation in 2022 and 2023's outlook

Vietnam Cold Chain Market Report 2023

April 26 2023


59 pages

The cold chain market in Vietnam, including cold storage and cold transportation, has witnessed a significant increase in 2022 thanks to the growing demand from trading activities and the rapid growth of modern trade formats. The cold storage sector recorded a CAGR 2019-2022 of 12.3% in the designed capacity, reaching over 1mn pallet in designed capacity in 2022.

Vietnam Cement Market Report 2022

July 11 2022


68 pages

Clinker and cement demand weakened in both domestic and export markets during the first five months of 2022, resulted from the low public investment disbursement for infrastructure projects and stagnant construction activities as well as diminishing demand from Chinese buyers. Meanwhile, given the rising increasing production costs, especially coal prices, cement manufacturers continued to increase MSRP in all regions to assure their bottom line in 2022.

Stay in the known with our newsletters