Market Research Reports - Ken Research Cold Storage Warehouses in Vietnam | Page 2

Warehouse operations in Vietnam are currently being disrupted by the development of advanced robotic systems, the most basic of which use digital add-on systems to transform forklifts and other types of MHE asset into robots. Technological advancements in Vietnam warehousing services such as EDI (Electronic Data Interchange) communications has allowed companies to share documents, with a particular single format between two computers. Furthermore, growing demand of YMS (Yard Management System) is expanding the scope of warehousing in the country. For instance, at present there are 31 kinds of yards at Vietnam- Laos border gates and Vietnam-Cambodia border to oversee the movement of trucks and trailers in the yard of a manufacturing facility, warehouse, or distribution center. Rising number of industrial parks which have been established in the southern region of Vietnam such as Linh Trung Export Processing Zone and Industrial Park III, My Phuoc Industrial Park, Sai Gon Hi-Tech Park and others have also created a positive impact on Vietnam’s warehousing market. Over the past few years, rapid retail market developments have been evident in Vietnam with a continuous increase in organized retail or modern shopping across the country. Additionally,