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Report Overview

The Vietnam freight logistics market was valued at USD 52.31 Billion in 2025. The industry is expected to grow at a CAGR of 5.90% during the forecast period of 2026-2035 to attain a valuation of USD 92.80 Billion by 2035.

2025

Base Year

2019-2025

Historical Period

2026-2035

Forecast Period

  • The increasing global demand for various commodities from ASEAN is expected to aid the market growth.

  • The manufacturing sector is expected to constitute a major portion of the Vietnam freight logistics market share.

  • With the rapid technological progress, the adoption of warehouse management systems is expected to increase.

Compound Annual Growth Rate

5.9%

Value in USD Billion

2026-2035


*this image is indicative*

According to the World Bank rankings of 2018, Vietnam ranked at 39th position out of 160 countries on the Logistics Performance Index (LPI). This is because of a growth of 5% in its roadways freight carrying capacity. In the first three quarters of 2020, Vietnam’s earnings from its export-import industry reached USD 390 billion and recorded a growth of 1.8% from the same period in 2019. This bodes well for the future of Vietnam freight logistics market which is assessed to grow positively during the forecast period.

Due to its strategic location, Vietnam is well suited to act as East Asia’s chokepoint to ASEAN markets (Singapore, Malaysia, Thailand, and the Philippines, among others). The export of electronics, automobiles, machines and mechanical parts are crucial for the development of developing economies of ASEAN (like Myanmar) and help countries like Japan and South Korea in earning foreign exchange for importing food and fuel. This is making Vietnam an important trading partner on a global scale, which, in turn, is expected to bode well for its freight logistics market.

The e-commerce industry of Vietnam recorded a growth of 18% from 2019 to 2020. Because of government support, Vietnam became the sole country in Southeast Asia where the e-commerce industry flourished even during lockdown periods. This impacted the growth of its freight logistics market directly, which has been recording a positive growth rate ever since.

Market Segmentation

"Vietnam Freight Logistics Market Report and Forecast 2026-2035" offers a detailed analysis of the market based on the following segments:

Market Breakup by Logistics Function

  • Courier Express and Parcel
  • Freight Forwarding
  • Freight Transport
  • Warehousing and Storage
  • Others

Market Breakup by End Use

  • Agriculture, Fishing, and Forestry
  • Construction
  • Manufacturing
  • Oil and Gas
  • Mining and Quarrying
  • Wholesale and Retail Trade 
  • Others

Competitive Landscape

The key market players are:

  • Viettel Logistics Company Limited
  • Petrovietnam Transportation Corporation
  • A.P. Moller Maersk Group
  • FedEx Corporation
  • Aviation Logistics Corporation
  • Gemadept Corporation
  • Deutsche Post AG
  • Ring International Transport JSC.
  • DB SCHENKER
  • T&M FORWARDING Ltd.
  • Others

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market is projected to grow at a CAGR of 5.90% between 2026 and 2035.

By logistics function, the market includes courier express and parcel, freight forwarding, freight transport, and warehousing and storage, among others.

By end-use, the market is divided into agriculture, fishing, and forestry, construction, manufacturing, oil and gas, mining and quarrying, and wholesale and retail trade, among others.

The key market players are Viettel Logistics Company Limited, Petrovietnam Transportation Corporation, A.P. Moller Maersk Group, FedEx Corporation, Aviation Logistics Corporation, Gemadept Corporation, Deutsche Post AG, Ring International Transport JSC., DB SCHENKER, and T&M FORWARDING Ltd., among others.

The major factors driving the growth of the market are the increasing cross-border trade, economic growth, rapid globalisation, and improving transportation infrastructure of the country.

The notable trends in the market include the growing e-commerce sector, rapid technological advancements, and the growing deployment of warehouse management systems.

In 2025, the market attained a value of nearly USD 52.31 Billion.

The market is estimated to witness a healthy growth in the forecast period of 2026-2035 to reach about USD 92.80 Billion by 2035.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2025
Historical Period 2019-2025
Forecast Period 2026-2035
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Logistics Function
  • End Use
Breakup by Logistics Function
  • Courier Express and Parcel
  • Freight Forwarding
  • Freight Transport
  • Warehousing and Storage 
  • Others
Breakup by End Use
  • Agriculture, Fishing, and Forestry
  • Construction
  • Manufacturing
  • Oil and Gas
  • Mining and Quarrying
  • Wholesale and Retail Trade 
  • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Viettel Logistics Company Limited
  • Petrovietnam Transportation Corporation
  • A.P. Moller Maersk Group
  • FedEx Corporation
  • Aviation Logistics Corporation
  • Gemadept Corporation
  • Deutsche Post AG
  • Ring International Transport JSC.
  • DB SCHENKER
  • T&M FORWARDING Ltd.
  • Others

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