Vietnam Express Logistics Market is Expected to Reach over USD 1.4 billion by 2022: Ken Research Vietnam express logistics market by international and domestic express; by air and ground express; and by B2B, B2C and C2C; Vietnam E-commerce logistics market by channel (3PL and E-commerce merchants), by speed of delivery (2 day delivery, 1 day delivery, same day delivery, delivery within 2 hours and delivery beyond 2 days), by area of delivery (intercity and intracity) and by payment method (cash on delivery and others); Company Profile of Major Players Operating in Vietnam Express and E-Commerce Logistics Market (DHL Express, FedEx, TNT Express, UPS Express, GHN, Viettel Post, VNPost and Others).
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Express services are likely to become more significant in near future as Vietnam’s economy becomes increasingly integrated owing to rapid growth in international trade services. Growth in E-commerce industry will drive the express delivery market owing to the rising demand of this service for B2C business segment.
Analysts at Ken Research in their latest publication “Vietnam Express and E-Commerce Logistics Market Outlook to 2022 – By Air and Ground Express, By Channel (3PL and ECommerce Merchants), By Intercity and Intracity Orders and By Payment Method (Cash on Delivery and Others)” believe that infrastructural development, E-commerce tie-ups, technological advancement and robust customer feedback system will have a positive impact of market. Vietnam express logistics market is expected to register a positive CAGR of 22.8% whereas; Vietnam E-commerce logistics market is expected to register a massive CAGR of 42.1% during the forecast period 2018-2022.