VIETNAM LOGISTICS
The global logistics market is forecast to grow at an average of 6.54% per year over the period of 2017-2020, and reach US $ 15.5 trillion by 2024, nearly double the figure of US $ 8.2 trillion in 2016. International trade is quite active, besides the increasing demand for transportation along with the change in shipping capacity has helped 3PL logistics service providers continuously increase revenue in the past 3 years.
Particularly in Vietnam, Generally in 2019, freight transport reached 1,684.1 million tons, up 9.7% over the previous year and 322.2 billion tons.km, up 7.8%, of which domestic transport reached 1,650 million tons, up 9.8 % and 179.4 billion tons-kilometers, up 10.4%; foreign transport reached 34.1 million tons, up 4.3% and 142.8 billion tons-kilometers, up 4.7%. It is expected that Vietnam's freight and logistics market will reach US $ 113.32 billion by 2022, with a CARG of 16.56%.
The global logistics market is forecast to grow at an average of 6.54% per year over the period of 2017-2020, and reach US $ 15.5 trillion by 2024, nearly double the figure of US $ 8.2 trillion in 2016. International trade is quite active, besides the increasing demand for transportation along with the change in shipping capacity has helped 3PL logistics service providers continuously increase revenue in the past 3 years.
Particularly in Vietnam, Generally in 2019, freight transport reached 1,684.1 million tons, up 9.7% over the previous year and 322.2 billion tons.km, up 7.8%, of which domestic transport reached 1,650 million tons, up 9.8 % and 179.4 billion tons-kilometers, up 10.4%; foreign transport reached 34.1 million tons, up 4.3% and 142.8 billion tons-kilometers, up 4.7%. It is expected that Vietnam's freight and logistics market will reach US $ 113.32 billion by 2022, with a CARG of 16.56%.
Table of Contents
AbbreviationsExecutive summary
1. Business environment
2. Overview of world logistics industry
3. Vietnam logistics industry
4. Development issues of Vietnam logistics industry
5. Enterprise analysis
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Petrovietnam Transportation Corporation (Pvt)
- Vinafreight Joint Stock Company (Vnf)
- Vietnam Ocean Shipping Joint Stock Company (Vos)
- South Logistics Joint Stock Company (Stg)
- Vietnam Tanker Joint Stock Company (Vto)
- Vinafco Shipping Joint Stock Company( Vfc)
- Vietnam Ocean Shipping Agency Corporation (Vsa)
- Vietnam Sea Transportand Chartering Joint Stock Company (Vst)
- Gemadept Joint Stock Company (Gmd)
- Vietnam Container Shipping Joint Stock Company (Vsc)
- Tan Cang Logistics & Stevedoring Joint Stock Company (Tcl)
- Dinhvu Port Investment And Development Joint Stock Company(Dvp)
- Hai An Transport And Stevedoring Joint Stock Company (Hah)
- Cdong Nai Port Joint Stock Company(Pdn)
- Cat Lai Port Joint Stock Company (Cll)
- Doan Xa Port Joint Stock. Company (Dxp)
Methodology
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