Market Research Reports - Ken Research Logistic Services E-commerce Vietnam | Página 2

International companies operating in Vietnam 3PL market has clearly established themselves as
market leader by capturing a whopping revenue share worth ~% in the year 2017. Major
international players operating in third party logistics segment include VN Post, Viettel Post,
GHN, GHTK, DHL Logistics, Damco, FedEx, APL, Gemadept, Vinafco and Transimex Saigon. On
the other hand, domestic 3PL players captured the remaining revenue share of ~% in Vietnam
3PL market in the year 2017.
Competitive Landscape in Vietnam 3PL Market
Third-party logistics outsourcing is rapidly gaining importance in the country as more and more
corporations across the world are unable to manage their complex supply chains and hence are
outsourcing logistics activities to the 3PL service providers. Competition within the logistics
industry is ramping up due to tightened capacity along with increased consolidation within the
supply chain arena, which has resulted in fewer partners for 3PLs and increased prices. The
companies operating in Vietnam 3PL market are competing with each other by offering multiple
value added services to the customers. The leading companies in the segment are DHL, Damco,
Vinafco, Transimex Saigon and others.
Vietnam 3PL Market Future Outlook and Projections
Over the forecasted period, Vietnam 3PL market is expected to generate revenues worth USD ~
billion by the year ending 2018 owing to a rising trend for both local and multinational
enterprises to outsource logistics functions to 3PL services providers. It has been expected that
industrial activities in the country will expand, which will result into growing opportunities for
the foreign players. This will positively impact the 3PL market as these companies will require
third party logistics partners for handling their supply chain management. Vietnam 3PL market
is estimated to generate revenues worth USD ~ billion by the year ending 2022, thus growing at
a CAGR of ~% in the forecast period 2018-2022. Additionally, in the coming years, 3PL
companies will be emphasizing more on the technological upgradation to engage with the
customers such as ERP and SCM and the trend of Fourth-party logistics (4PL) will be emerging in
future to support the 3PL business in the country.
For more information on the research report, refer to below link:
https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-
shipping/vietnam-3pl-market/145653-100.html
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