Many businesses in keonhacai truc tuyen transport and handling group achieved high profits, while logistics companies also had a rate of warehouse leasing in keonhacai truc tuyen first 9 months of keonhacai truc tuyen year.
Reports of shipping companies show that profits in keonhacai truc tuyen first 9 months of keonhacai truc tuyen year exceeded keonhacai truc tuyen plan. Accordingly, PetroVietnam Transportation Corporation (PVTrans - PVT) recorded a pre-tax profit of more than 1,035 billion VND, exceeding 72% of keonhacai truc tuyen whole year plan. Hai An Transport and Unloading Joint Stock Company (HAH) reported a profit 1.5 times higher than keonhacai truc tuyen plan for keonhacai truc tuyen next 9 months, reaching VND 270 billion.
Similarly, Vietnam National Shipping Lines (Vinalines - MVN), in keonhacai truc tuyen past three quarters, profit reached more than VND 2,770 billion, up over 30% over keonhacai truc tuyen same period last year and exceeding 10% of keonhacai truc tuyen whole year plan...
Not only businesses in keonhacai truc tuyen group of transportation, loading and unloading achieved high profits, many logistics companies also had a warehouse leasing rate filled in keonhacai truc tuyen first 9 months of keonhacai truc tuyen year. In a newly released report, Cushman & Wakefield, a global commercial real estate services company, said that keonhacai truc tuyen average occupancy rate of warehouses in Ho Chi Minh City and Hanoi in keonhacai truc tuyen first three quarters of keonhacai truc tuyen year had reached over 90. %. In keonhacai truc tuyen last quarter of keonhacai truc tuyen year, this rate can be up to 100% when retailers sign long-term contracts to prepare for keonhacai truc tuyen next shopping season.
Statistics of keonhacai truc tuyen Vietnam Maritime Administration show that this year, when keonhacai truc tuyen epidemic has subsided, transportation and logistics activities have been active again and helped this industry quickly recover.
According to keonhacai truc tuyen rankings of Agility 2022, keonhacai truc tuyen Vietnamese logistics market is ranked 11th in keonhacai truc tuyen group of 50 global emerging markets thanks to keonhacai truc tuyen strong transformation of businesses providing and using this service.
Sharing at a recent logistics forum, Mr. Vu Duc Thinh - General Director of Lazada Logistics Vietnam said that this is a very potential market. Especially in warehousing services, there have been many changes (warehousing accounts for 35% of logistics) when keonhacai truc tuyen demand for online shopping and fast delivery has increased in recent months.
At Lazada, with keonhacai truc tuyen scale of operation up to hundreds of thousands of orders per day, keonhacai truc tuyen company has forced a strong "transformation" in digital transformation, technology-based management, automation, and artificial intelligence. .
As keonhacai truc tuyen first unit to apply automatic picking technology at its warehouse in Ho Chi Minh City since 2017, Lazada is preparing to put into operation a picking center with keonhacai truc tuyen latest technology to optimize capacity and time in keonhacai truc tuyen chain. operation and reduce keonhacai truc tuyen number of employees. Before that, at keonhacai truc tuyen end of 2021, Tiki deployed a robot application in keonhacai truc tuyen operation center to optimize logistics. keonhacai truc tuyen entire picking process is automated thanks to robots.
keonhacai truc tuyen giants in keonhacai truc tuyen shipping industry such as DHL and Viettel Post are also gradually following keonhacai truc tuyen trend of automation in keonhacai truc tuyen development of logistics infrastructure to reduce costs for keonhacai truc tuyen logistics chain. However, according to experts, keonhacai truc tuyen investment in automation applications in warehouses of enterprises is still just keonhacai truc tuyen beginning. Logistics costs in Vietnam are among keonhacai truc tuyen most expensive in keonhacai truc tuyen world.
A report published by Agility shows that Vietnam's logistics costs account for more than 20% of GDP in 2021, while keonhacai truc tuyen world average is only about 11% of GDP.
According to Mr. Chen HongMing, CEO of GRS Global, in keonhacai truc tuyen world, developed countries are applying solutions of "automation service model", so keonhacai truc tuyen cost is only half that of Vietnam, and they also overcome problem of labor shortage.
He cited, at an e-commerce order fulfillment center in China, in previous years, during keonhacai truc tuyen peak season like keonhacai truc tuyen 11/11 holiday, about 4,000 workers had to manually pack and distribute goods. By 2021, when they apply sorting robots in warehouses, keonhacai truc tuyen number of workers will be reduced by about three-quarters and only about 1,000 people will work with robots. Especially, if in keonhacai truc tuyen past, when it was in keonhacai truc tuyen peak season, they prepared goods at 5 am and 3 pm, only customers could receive them. After using keonhacai truc tuyen robot, customers can receive their goods 6 hours earlier. This shows that automation makes keonhacai truc tuyen logistics pie more attractive.
"If Vietnamese enterprises quickly absorb keonhacai truc tuyen application of keonhacai truc tuyen automation service model in logistics, this place will be a prominent destination for investors in Asia," Mr. Chen HongMing expected.
In addition, experts say that Vietnam's logistics market is still too fragmented. Despite keonhacai truc tuyen participation of more than 5,000 businesses, 89% are small and medium sized. keonhacai truc tuyen warehouses of enterprises mostly operate in keonhacai truc tuyen manual direction, while keonhacai truc tuyen increase in inventories makes keonhacai truc tuyen warehouses crowded on peak occasions, pushing up storage costs sharply.
Mr. Chen HongMing assessed that keonhacai truc tuyen infrastructure from Vietnam's airports, seaports, warehouses... has not been standardized as in keonhacai truc tuyen world. But he believes that Vietnam will be keonhacai truc tuyen most explosive market in Southeast Asia and thrive like Hong Kong in keonhacai truc tuyen next 5-10 years.
Because according to him, Vietnam's domestic forwarding market is increasingly competitive and has keonhacai truc tuyen participation of many well-known international enterprises. Internationally, Vietnam's exports have increased sharply, and goods are becoming more and more popular around keonhacai truc tuyen world. Over keonhacai truc tuyen years, despite keonhacai truc tuyen impact of keonhacai truc tuyen pandemic, Vietnam's GDP has grown impressively.
"In keonhacai truc tuyen next 10 years, Vietnam's GPD will still grow at 8% per year, so keonhacai truc tuyen logistics pie will swell. keonhacai truc tuyen trend of automation in logistics is an urgent solution for logistics businesses to apply and change from today. ", said Mr. Chen HongMing.
Forecasting Vietnam's logistics prospects, Virac (a unit specializing in providing research reports and in-depth analysis on economic sectors for domestic and foreign customers) said that with a growth rate of 15-20 % a year, by 2025, keonhacai truc tuyen market size will reach 80 billion USD. In which, Vietnam's logistics costs fell to keonhacai truc tuyen lowest level, accounting for only 16% of GPD, keonhacai truc tuyen rate of outsourcing services reached 50-60%.
keonhacai truc tuyen Ministry of Industry and Trade said it will perfect mechanisms, policies and fields that affect keonhacai truc tuyen development of logistics to promote keonhacai truc tuyen development of this industry. At keonhacai truc tuyen same time, this agency will direct businesses to promote automation in logistics to optimize efficiency.
It is evident that digitalization has become keonhacai truc tuyen defining trend of keonhacai truc tuyen modern era. Across all industries and sectors, businesses are shifting from traditional development strategies to automation and digital transformation, aiming to optimize operational efficiency and productivity.
Europe remains one of keonhacai truc tuyen most important and promising export markets for Vietnamese enterprises, especially following keonhacai truc tuyen implementation of keonhacai truc tuyen EU–Vietnam Free Trade Agreement (EVFTA). With a population of over 740 million and a total GDP of approximately USD 18 trillion, keonhacai truc tuyen region has a strong and diverse demand for imports ranging from agricultural products and processed foods to industrial goods, electronics, and textiles.
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In an effort to continuously enhance our position and expand our global network, Glotrans actively participated in keonhacai truc tuyen PPL AGM 2025 Annual Meeting in Hong Kong from May 25 to May 28. This is a key event, providing us with valuable opportunities to enhance our expertise and develop international partnerships.
On May 18, 2025, Glotrans HCM officially entered its 13 years of operation, marking an ever-growing journey in international logistics and freight forwarding.
