Vietnam Freight and Logistics Market Size, Share, Growth, and Industry Analysis, By Type (Road Freight, Rail Freight, Air Freight, Sea Freight, Warehousing & Express Delivery), By Application (Manufacturing, Retail, Agriculture, E-commerce & Industrial Goods), and Regional Insights and Forecast to 2033

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VIETNAM FREIGHT AND LOGISTICS MARKET OVERVIEW

The global Vietnam Freight and Logistics market size was USD 60.14 billion in 2025 and is projected to touch USD 93.99 billion in 2033, exhibiting a CAGR of 5.74% during the forecast period.

The Vietnam freight and logistics market is a fast-booming market due to the flourishing manufacturing industry, rising exports, and intensifying infrastructure investments within the country. Located strategically in Southeast Asia, Vietnam is a key contact point in both regional and global supply chains. Industries involved in the logistics sector are transportation by road, rail, air, and sea; warehousing; and world domination delivery services. The sector is also modernized by the assistance provided by the government and transformations brought about by the use of digital technology. The logistics market in Vietnam is becoming competitive and dynamic as volumes of trade keep on increasing.

COVID-19 IMPACT

Vietnam Freight and Logistics Industry Had a Negative Effect Due to Border Closures, Disrupted Shipping Routes, and Sharp Declines in Transport Demand during COVID-19 Pandemic

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to the market’s growth and demand returning to pre-pandemic levels.

The COVID-19 shock to the Vietnamese freight and logistics industry is severe enough, as the factory activity was stopped, and transportation needs fell significantly due to lockdowns and border closures. Freight activity collapsed by nearly half—sea, rail, air, and road fossils all hit the bottom, and ports and borders were severely congested. A number of logistics enterprises lost revenue of 10-50%, and others shortened the routes by almost a quarter during inconsistent supply chains. Localization of passenger flights also resulted in a massive loss of cargo space, further increasing delays and record-high shipping fees. Consequently, the industry experienced a drop in the volume of services, operating capacity, and profits like never before.

LATEST TRENDS

Digital Transformation and AI Integration Drive Market Growth

Digital logistics is leading the Vietnam Freight and Logistics Market towards a significant metamorphosis, with the incorporation of AI, IoT sensors, and big data becoming universal to streamline operations and minimize expenses. Adopting AI in their systems, companies such as LEX Vietnam are using it to predict the order, optimize the routes, and coordinate within the warehouse, boosting the efficiency and opening up the new forms of delivery. Automation, AGVs, and IoT-powered monitoring allow creating smart warehousing, which is on the rise, particularly in urban and industrial logistics centers. Also, digitalization is being incorporated with green logistics, including electric fleets and energy-efficient warehousing. Of them, the trend that is the most conspicuous is digital transformation, which serves as the driving force for innovation and increases supply chain visibility, facilitating e-commerce and driving up Vietnam's competitiveness in international commerce.

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VIETNAM FREIGHT AND LOGISTICS MARKET SEGMENTATION

By Type

Based on Type, the global market can be categorized into Road Freight, Rail Freight, Air Freight, Sea Freight, Warehousing & Express Delivery

• Road Freight: The most frequent mode of logistics that is used in Vietnam is road freight since it is flexible and its geographical coverage within the country is vast. It is also important to last-mile delivery as well as regional trade, particularly with fellow Annex of Southeast Asian countries. Issues such as traffic jams and motor regulations continue to add vulnerability to efficiency. Nevertheless, continuing expressway growth and digital system programs to control routes are raising performance.

• Rail Freight: The cost-effectiveness of rail freight in long-distance and bulk transportation is the reason why it is gaining pace in Vietnam. The government is pushing investment in modernization of the railway system, particularly in international routes, such as China to Vietnam. Nonetheless, slower uptake is impeded by poor infrastructure and poor coverage of the network. Nevertheless, rail freight can be an alternative to road, particularly in cross-carriage logistics.

• Air Freight: In Vietnam, air freight plays a crucial role in the transport of items that are high in value and have time constraints, e.g., electronics and garments. The industry was hit hard during the COVID-19 era but is picking up as plans for international traveling are reinstated. Cargo air movements are going up due to increasing e-commerce and technology exports. Improvement in major airports infrastructures is another driver of the air logistics.

• Sea Freight: Vietnam logistics are narrowed down to global trade being dominated by sea freight, with more than 3,200 kilometers of the country being on the coast and strategic ports. The majority of the container traffic is transported through major ports such as Hai Phong and Ho Chi Minh City. Development of deep-water ports as well as trade agreements such as the RCEP is serving the sector well. Nonetheless, the problems are associated with port bottlenecks and having delays with customs.

• Warehousing: The warehousing industry in Vietnam is developing quite fast alongside the development of e-commerce, manufacturing, and retailing areas. There is an increasing demand for the introduction of smart warehouses where automation and real-time tracking will be carried out. The urban and port industrial areas are becoming main centers of the modern storage. Market expansion is also due to foreign investment in the infrastructure of the warehouses.

• Express Delivery: In Vietnam, the express delivery segment is an explosive market given the proliferation of e-commerce and the rise of m-commerce. Key players are implementing logistics technology platforms in an effort to reduce delivery time. Last-mile logistics are being redesigned due to the urban need to have products delivered on the same day or the next day. Market rivalry is intense due to competition of prices and innovation in service.

By Application

Based on application, the global market can be categorized into Manufacturing, Retail, Agriculture, E-commerce & Industrial Goods

• Manufacturing: The manufacturing industry plays a central role in the freight and logistics industry in Vietnam, and there is a great need for effective transport and warehousing systems. Exports—factories, and particularly factories in electronics and textile industries, depend on promptness in logistics in export business. Increased investments of multinationals in industrial platforms are compounding logistics complexities and requirements. The expansion of the sector contributes to the demand in the road, sea, and warehousing.

• Retail: Retail logistics in Vietnam is slated to grow because of increasing consumer demand and the advent of newfangled trade changes such as supermarkets and shopping malls. Fast-moving consumer goods demand an easy supply chain and inventory system. Express delivery and warehousing services are used in the context of the urban retail centers. Development of organized retail is making the logistic providers improve on speed and accuracy.

• Agriculture: Agricultural exports of Vietnam require efficient logistic services such as freight and cold chain in order to transport seafood, rice, fruits, and many other products. Storage and good transport play a crucial role in quality keeping and in reaching international standards. Nevertheless, more cold chain infrastructure is lacking in the sector. The main growth strategies are related to the enhancement of rural connectivity and temperature-controlled logistics.

• E-commerce: One of the emerging freight and logistics industries in Vietnam is e-commerce. The need to deliver the final mile, the fulfillment of an order, and the intelligent warehousing are growing fast. Logistics companies are also making use of digital tools in order to provide speedier and more accommodating services. This is the segment recreating expectations of customers and driving innovation in express delivery.

• Industrial Goods: Industrial goods logistics provides system support to the machinery, chemical, and construction material industries. These also need bulky transport solutions and handling, in particular, of hazardous or oversize merchandise. Rail and sea freight are common because they are cost-effective. Large-scale warehousing and intermodal logistics are being scaled because of the needs of the sector.

MARKET DYNAMICS

Market dynamics include driving and restraining factors, opportunities and challenges stating the market conditions.

Driving Factor

Manufacturing Boom and Infrastructure Boost Market Growth

The Vietnam Freight and Logistics Market Growth is fueled by strong industrial growth that Vietnam enjoys in the electronics, textile, and automobile industries. As the world turns Vietnam into an in-line product manufacturing country, there is a greater demand for a competent supply chain and transport infrastructure. Ports and borders enhance the logistics with the aid of industrial zones. This movement is enhancing the demand of multimodal freights. The impact of the manufacturing wave goes directly into raising the volumes of cargo and the investment in logistics.

E-commerce Surge and Delivery Demands Drive Market Growth

The logistics business is greatly benefited by the sudden increase in e-commerce in Vietnam. The rising consumer needs in the fast and dependable delivery services are compelling the logistic firms to expand their operations. The real-time tracking and investment in intelligent warehouses and express delivery networks are growing. Both urban and rural online shopping growth are increasing the need for last-mile deliveries. In Vietnam, this online retail boom still transforms the logistics sector.

Restraining Factor

Poor Infrastructure and Fragmentation Hinder Market Growth

Lack of good infrastructure in some areas is also one of the main limiting factors of the Vietnam Freight and Logistics Market. Nonetheless, a lot of rural and border settlements continue to have inefficient road, rail, and port connections even despite such large ventures. This causes delays, increased fuel prices, and inaccessible major markets. Also, separation of services in the area of logistics services and inability to standardize services impedes the smooth flow. These difficulties decrease the overall performance and restrict the growth of the marketplace.

Trade Agreements and Integration Boost Market Growth

Opportunity

One of the growth opportunities in the Vietnam Freight and Logistics Market as revealed in the report is integration with international supply chains that is enabled by free trade agreements such as CPTPP and RCEP. Such arrangements enhance export opportunities and bring other foreign investments in terms of production.

Cross-border logistics efficiency is also boosted by refinement of customs procedures as well as online platforms of trade. There will be an upsurge in the need for advanced logistics as the level of trade rises. It locates Vietnam as an important hub of logistics in Southeast Asia.

Fragmentation and Skill Gaps Slow Market Growth

Challenge

The major economic issue that has been confronting the Vietnam Freight and Logistics Market is that there is no coordinated service provision environment since there are many small players with erratic procedures. This dispersion brings about unreliable services, lack of sufficient economies of scale, and trouble in ensuring stable logistics infrastructure.

Also, the inconsistency of regulatory enforcement in different regions poses compliance risks as well as inefficiencies of operations. The lack of qualified personnel in the logistics field is the impediment to progress and modern technologies application in the industry. All these works to reduce the pace of upgrading the market and its integration.

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VIETNAM FREIGHT AND LOGISTICS MARKET REGIONAL INSIGHTS

• North America

North America’s Trade Ties and Investments Drive Market Growth

North America holds the largest Vietnam Freight and Logistics Market Share by engaging in trade relations, investing in logistics technologies, and assisting in the upgrade of the supply chain. Freight volumes are fueled by the region's growing demand for Vietnamese exports, specifically electronics and textiles exports. The United States Vietnam Freight and Logistics Market has good bilateral trade that is driving the demand for efficient shipping and warehousing. The American firms also make investments in logistics infrastructure and online facilities in Vietnam. This partnership improves Vietnam in the global competition of logistics

• Europe

EU Trade Ties and Investments Drive Market Growth

Europe also plays a role in the Vietnam Freight and Logistics Market due to high trade relationships, particularly through the EU-Vietnam Free Trade Agreement (EVFTA). The desire of Europeans to buy Vietnamese products such as clothes, computers, and fish stimulates the increase of freight. European logistics companies are investing in warehouses, transportation systems, and online facilities in Vietnam. The local logistics norms and conformity to the standards are also being shaped by European standards. This cooperation boosts the quality of services and promotes the role of Vietnam in the international supply chains.

• Asia

Asian Trade and Innovation Drive Market Growth

Asia is at the epicenter of the Vietnam freight and logistics market because of robust local trade and supply chain dynamics. Vietnam is an important trade partner and investor country in the development of its infrastructure, which includes China, Japan, South Korea, and the ASEAN countries. There is ease of movement of freight accrued to cross-border road-rail connections and in particular to China. Asian companies also are the innovators of digital logistics and e-commerce logistical networks. Through such regional cooperation, it also boosts the modernization of logistics and connectivity in Vietnam.

KEY INDUSTRY PLAYERS

Tech Adoption and Partnerships Drive Market Growth

Investments in superior technologies, growth in infrastructure, and collaboration have turned out to be the main ways of key industry players in influencing the Vietnam Freight and Logistics Market significantly. Others, such as DHL, Maersk, and Viettel Post, are embracing automation, real-time tracking, and digital supply chains as they seek to improve the efficiency and reliability of their services. They are contributing to the improvement of operations by coming up with smart warehouses and the incorporation of the multimodal logistics system. The same players are also partnering with local companies and governments, promoting innovations and helping Vietnam to become a regional hub of logistics.

List Of Top Vietnam Freight And Logistics Companies

• Bee Logistics Corporation (Vietnam)
• Kuehne + Nagel (Switzerland)
• Petrovietnam Transport Corporation (Vietnam)
• Vietnam Maritime Corporation (Vietnam)
• Viettel Post (Vietnam)
• A.P. Moller - Maersk (Denmark)
• Aviation Logistics Corporation (Vietnam)
• DB Schenker (Germany)
• DHL Group (Germany)
• Gemadept Corporation (Vietnam)

KEY INDUSTRY DEVELOPMENT

March, 2025: The Hon La International Port Project officially commenced construction in Quang Binh Province’s Quang Trach District, backed by a VND 2,299 billion investment to build four wharves capable of handling 100,000 DWT ships, targeting an annual capacity of 6 million tons. This large port development is likely to enhance the bulk shipment and container throughput volumes in central Vietnam in a significant way. Increasing the capacity of its ports will assist in facilitating logistics activities and reduce the transport duration for regional exporters and importers. The freight and logistics sector in Vietnam can benefit through greater infrastructure capacity and efficiency as well as higher throughput. This is a major milestone signifying the priority of the country to improve the logistics environment and contribute to sustaining the market expansion.

REPORT COVERAGE

The study encompasses a comprehensive SWOT analysis and provides insights into future developments within the market. It examines various factors that contribute to the growth of the market, exploring a wide range of market categories and potential applications that may impact its trajectory in the coming years. The analysis takes into account both current trends and historical turning points, providing a holistic understanding of the market's components and identifying potential areas for growth.

This research report examines the segmentation of the market by using both quantitative and qualitative methods to provide a thorough analysis that also evaluates the influence of strategic and financial perspectives on the market. Additionally, the report's regional assessments consider the dominant supply and demand forces that impact market growth. The competitive landscape is detailed meticulously, including shares of significant market competitors. The report incorporates unconventional research techniques, methodologies and key strategies tailored for the anticipated frame of time. Overall, it offers valuable and comprehensive insights into the market dynamics professionally and understandably.