Vietnam Market Reference / Vietnam Logistics / Updated February 2026

Vietnam Logistics

Overview

Vietnam's logistics sector has experienced rapid development to support the country's manufacturing export economy and booming domestic e-commerce. With a long coastline, major ports, and an expanding highway network, Vietnam serves as both a production hub for global supply chains and a growing consumer market requiring last-mile delivery.

The logistics market remains fragmented with a mix of state-owned enterprises, international freight forwarders, and local last-mile specialists competing across different segments of the value chain.

Key Characteristics

  • Geographic challenges: Mountainous north, Mekong Delta waterways, 3,000km coastline
  • Fragmented market: Top 10 players hold less than 30% market share
  • Two-day delivery standard for domestic inter-city shipping
  • Cash-on-delivery handling required for 60-70% of e-commerce shipments
  • Warehouse concentration in Binh Duong, Dong Nai (south) and Hanoi region (north)
  • Cross-border e-commerce driving demand for international express and bonded warehouses

Market Structure

Freight and Cargo

  • Sea freight: Cai Mep, Hai Phong, Da Nang major container ports
  • Air freight: Tan Son Nhat (Ho Chi Minh City), Noi Bai (Hanoi) international cargo hubs
  • Road transport: North-South Expressway corridor critical for domestic distribution
  • Rail: Limited freight usage, Vietnam Railways state monopoly

Last-Mile Delivery

  • Hyper-local competition with price-sensitive market
  • Motorcycle-based delivery dominant in urban areas
  • Locker and pickup point networks emerging but limited
  • Attempted delivery rate critical metric due to COD and address accuracy issues

Warehouse and Fulfillment

  • Modern warehouse supply limited, particularly cold storage
  • E-commerce platforms building owned fulfillment centers
  • Bonded warehouses growing for cross-border trade
  • Industrial park concentration creates logistics clustering

Major Players

Express Delivery (Last-Mile)

  • Vietnam Post: State-owned, universal coverage including remote areas
  • GHN (Giao Hang Nhanh): E-commerce focused, Scommerce subsidiary
  • GHTK (Giao Hang Tiet Kiem): Low-cost leader, SME focused
  • J&T Express: Indonesian-owned, aggressive pricing, wide network
  • Ninja Van: Regional player, technology-focused
  • Kerry Express (now Flash Express): Thai-owned, e-commerce specialist
  • SPX Express: Shopee-owned logistics arm
  • Lazada Logistics: Alibaba-owned, integrated with marketplace

Freight and Supply Chain

  • ITL Corporation: Major 3PL, supply chain solutions
  • SNP (Saigon Newport): Port operations and inland container depots
  • Transimex: Cold chain and warehousing specialist
  • Maersk, DHL, FedEx, UPS: International freight and express

Warehouse and Industrial

  • SNP: ICDs and container yards
  • GLP, ESR, BW Industrial: Modern logistics facility developers
  • Kerry, Konoike: Bonded and specialized warehousing

Technology Platforms

  • Abivin: Route optimization and TMS software
  • Logivan: Trucking marketplace and freight matching
  • EcoTruck: Digital freight forwarding

Why This Matters

  • COD handling capabilities are essential for e-commerce market entry
  • Warehouse location near industrial parks reduces inbound logistics costs
  • Multi-provider strategies needed due to service coverage gaps
  • Address standardization challenges require flexible delivery protocols
  • Peak season capacity (Tet, Double 9, Double 11) requires advance planning
  • Cross-border clearances benefit from bonded warehouse partnerships

Sources

  • Vietnam Ministry of Transport logistics development reports
  • Vietnam Logistics Association (VLA) industry statistics
  • World Bank Logistics Performance Index
  • General Statistics Office of Vietnam transport and storage data
  • Vietnam Seaports Association cargo volume reports
  • Civil Aviation Authority of Vietnam air cargo statistics