Top 5 companies in Vietnam’s logistics industry

As the Vietnamese economy continues to expand, the logistics industry has experienced significant growth, driven by the increasing demand for efficient supply chain solutions. This article provides a detailed overview of the largest logistics companies in Vietnam, including their profiles, market positions, market shares, revenue, and profit in 2023. Additionally, we highlight the availability of comprehensive company reports through Vietnam Business Information, offering in-depth insights into each company.

1. Gemadept Corporation

Established in 1990, Gemadept Corporation is one of Vietnam's leading logistics and port operation companies. The company offers a wide range of services, including port operation, shipping, logistics, and warehousing.

Gemadept holds a dominant position in the Vietnamese logistics market, particularly in port operations and container handling. The company's strategic locations and extensive infrastructure give it a competitive edge in the industry.

Revenue and profit in 2023

• Revenue: VND 3,845 billion
• Profit: VND 1,778 billion

Gemadept controls a significant share of the port operation market in Vietnam, making it a key player in the logistics sector.

The company has been expanding its port network and enhancing its logistics capabilities through strategic investments and partnerships. The company is also focusing on adopting advanced technologies to improve efficiency and service quality.

Company report

For a comprehensive analysis of Gemadept's financial performance, strategic initiatives, and market positioning, our detailed company report is available through Vietnam Business Information. This report provides valuable insights into the company's operations and future prospects.

2. Viettel Post Joint Stock Corporation

Established in 1997, Viettel Post is a subsidiary of Viettel Group, one of Vietnam's largest telecommunications companies. Viettel Post provides a range of logistics and delivery services, including express delivery, freight forwarding, and e-commerce logistics.

Viettel Post is a leading player in the express delivery and e-commerce logistics segments. The company's extensive network and advanced technology infrastructure enable it to offer reliable and efficient services.

Revenue and profit in 2023

• Revenue: VND 19,732 billion
• Profit: VND 478 billion

Viettel Post holds a significant share of the express delivery market in Vietnam, driven by its strong brand and extensive service network.

Viettel Post is focused on expanding its logistics network and enhancing its service offerings. The company is also investing in technology to improve operational efficiency and customer satisfaction.

Company report

Our in-depth company report on Viettel Post, available via Vietnam Business Information, provides detailed insights into its operations, financial performance, and competitive positioning. This report is an invaluable resource for understanding Viettel Post's market dynamics and strategic direction.

3. Transimex Corporation

Founded in 1983, Transimex Corporation is a leading logistics and freight forwarding company in Vietnam. The company offers a wide range of services, including warehousing, distribution, freight forwarding, and supply chain management.

Transimex is a key player in the Vietnamese logistics industry, known for its comprehensive service offerings and strong customer focus. The company's extensive network and experienced workforce ensure high-quality service delivery.

Revenue and profit in 2023

• Revenue: VND 2,390 billion
• Profit: VND 410 billion

Transimex holds a substantial share of the logistics and freight forwarding market in Vietnam, supported by its robust infrastructure and service capabilities.

This company is investing in expanding its logistics infrastructure and enhancing its service offerings. The company is also focusing on adopting advanced technologies to improve operational efficiency and customer experience.

Company report

To gain a deeper understanding of Transimex’s strategic direction and market performance, check out our comprehensive report through Vietnam Business Information. This report covers Transimex's financial health, market strategies, and future outlook.

4. Saigon Newport Corporation (SNP)

Founded in 1989, Saigon Newport Corporation (SNP) is the largest container terminal operator in Vietnam. The company provides a wide range of logistics services, including port operations, shipping, and inland transportation.

SNP is a major player in the Vietnamese logistics industry, particularly in container handling and port operations. The company's extensive network of ports and terminals ensures efficient and reliable service delivery.

Revenue and profit in 2023

• Revenue: VND 942 billion
• Profit: VND 370 billion

SNP holds a leading market share in the container terminal segment, making it a crucial component of Vietnam's logistics infrastructure.

SNP is focused on expanding its port facilities and enhancing its logistics services. The company is also investing in digital transformation to streamline operations and improve customer experience.

Company report

Access the full report on SNP to explore its market performance, strategic initiatives, and financials through Vietnam Business Information. This report offers detailed information on SNP's operations, market strategies, and competitive positioning.

5. Indo Trans Logistics Corporation (ITL Corp)

Founded in 1999, Indo Trans Logistics Corporation (ITL Corp) is one of Vietnam's largest logistics and supply chain management companies. The company offers a wide range of services, including air and sea freight, warehousing, distribution, and express delivery.

ITL Corp is a major player in the Vietnamese logistics industry, known for its extensive network and comprehensive service offerings. The company's strong focus on customer satisfaction and innovation has enabled it to maintain a competitive edge.

Revenue and profit in 2023: see our company report

ITL Corp holds a significant share of the logistics market in Vietnam, particularly in air and sea freight services.

ITL Corp is focused on expanding its logistics infrastructure and enhancing its service capabilities. The company is also investing in digital transformation to improve efficiency and service quality.

Company report

Our detailed company report on ITL Corp, available via Vietnam Business Information, offers a thorough analysis of its market strategies, financials, and competitive landscape. This report is essential for understanding ITL Corp's business model and future prospects.

Vietnam Business Information