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), Regional Insights and Forecast to 2033

Vietnam Freight and Logistics Market Overview

The Vietnam Freight and Logistics Market size was valued at USD 60.14 million in 2024 and is expected to reach USD 93.99 million by 2033, growing at a CAGR of 5.74% from 2025 to 2033.

The Vietnam freight and logistics market plays a critical role in connecting Southeast Asia to global trade, handling more than 1.7 billion tons of cargo annually. Vietnam’s logistics network covers over 300,000 kilometers of roads, 3,200 kilometers of railways, and 45 seaports, including major gateways like Hai Phong and Ho Chi Minh City ports. Over 50,000 registered logistics enterprises operate nationwide, providing services such as road transport, warehousing, air freight, and express delivery.

Vietnam’s container throughput surpassed 24 million TEUs in 2023, positioning the country among the top container-handling nations in Asia. More than 1.2 million tons of air cargo are processed through key airports like Noi Bai and Tan Son Nhat each year. Vietnam’s strategic location along the East-West Economic Corridor and proximity to China make it a vital link for ASEAN trade flows. More than 70% of exports are moved by sea, while road freight handles over 80% of domestic goods transport. The market employs more than 1.5 million workers, supporting sectors like manufacturing, agriculture, and e-commerce that rely on reliable supply chains.

Key Findings

DRIVER: Rising manufacturing exports and foreign direct investment fueling freight volumes.

COUNTRY/REGION: Vietnam dominates ASEAN cross-border freight flows due to its strategic location.

SEGMENT: Road freight is the largest segment, moving over 80% of domestic cargo.

Vietnam Freight and Logistics Market Trends

Vietnam’s freight and logistics market is transforming rapidly as trade volumes grow and supply chains modernize. In 2023, Vietnam’s ports handled over 700 million tons of seaborne cargo, marking an increase driven by robust exports of textiles, electronics, and agricultural goods. The country now ranks among the top 30 container ports worldwide, with Hai Phong and Cai Mep ports handling over 10 million TEUs combined annually.

Road freight remains dominant, accounting for more than 80% of domestic cargo movement, with an estimated 500,000 trucks operating nationwide. The government’s investment in road infrastructure has expanded the national highway network to over 25,000 kilometers, connecting industrial parks and manufacturing hubs with key ports. Cross-border trucking with China, Laos, and Cambodia continues to grow, with more than 10,000 trucks crossing daily at major border gates.

Rail freight is gaining momentum, with more than 5 million tons of cargo moved on the North-South railway line each year. Rail links connecting Vietnam with China carry over 35,000 containers annually, offering manufacturers cost-effective alternatives to road transport. The government plans to expand the railway network by adding over 1,500 kilometers of track by 2030 to meet rising demand for containerized freight.

Air freight capacity is also expanding, with Vietnam’s airports handling over 1.2 million tons of cargo annually. The growth of e-commerce has driven express air delivery volumes by 25% in the last year, with more than 100,000 daily parcels shipped through major airports. Leading express couriers have opened new distribution centers near Noi Bai and Tan Son Nhat to manage surging demand.

Warehousing space in Vietnam now exceeds 7 million square meters, driven by the construction of modern logistics parks in Hanoi, Hai Phong, and Ho Chi Minh City. E-commerce and retail operators occupy over 40% of new warehousing capacity, fueling demand for cold storage, fulfillment centers, and last-mile delivery hubs.

Vietnam Freight and Logistics Market Dynamics

Vietnam Freight and Logistics Market Dynamics refers to the set of key factors and forces that influence how Vietnam’s freight and logistics industry grows, operates, and adapts over time.

It includes the main drivers (like strong export growth and rising manufacturing output), restraints (such as infrastructure congestion and capacity bottlenecks), opportunities (like booming e-commerce and green logistics investment), and challenges (such as skilled labor shortages and outdated assets).

DRIVER

Rising manufacturing and export activity

Vietnam’s booming manufacturing sector is the strongest driver for the logistics market. The country exported over 120 million tons of goods in 2023, including textiles, electronics, and machinery. More than 400 industrial parks and export processing zones fuel container traffic through major ports and border crossings. Foreign direct investment in manufacturing projects exceeded $20 billion equivalent, boosting demand for reliable freight, warehousing, and last-mile delivery solutions to meet global buyer deadlines.

RESTRAINT

Infrastructure bottlenecks and congestion

A major restraint for Vietnam’s logistics sector is infrastructure bottlenecks. Road freight, which moves over 80% of domestic goods, faces congestion in urban areas like Ho Chi Minh City and Hanoi. Peak traffic slows truck turnaround by up to 30%, adding extra costs for shippers. Seaports face capacity issues too — the Cai Mep-Thi Vai port cluster handles more than 30% of Vietnam’s container throughput, but limited draft depth restricts large vessel access. Rail freight accounts for less than 5% of total cargo due to aging tracks and limited container terminals.

OPPORTUNITY

 Growth of e-commerce and tech-driven logistics

Vietnam’s fast-growing e-commerce market creates strong opportunities for logistics providers. More than 55 million online shoppers nationwide generate over 100 million parcels each month. E-commerce giants and third-party logistics companies are investing in automated sorting centers, digital freight platforms, and real-time tracking to handle growing last-mile delivery needs. Same-day delivery services now reach over 50% of urban consumers, driving innovation in express logistics and fulfillment.

CHALLENGE

 Shortage of skilled labor and modern assets

Vietnam’s logistics market faces challenges with a shortage of skilled workers and modern vehicles. Over 1.5 million workers are employed in freight transport and warehousing, but fewer than 30% have formal training in modern logistics practices. Many local operators still run trucks older than 10 years, which increases fuel costs and reduces delivery reliability. To stay competitive, logistics firms must invest in workforce upskilling, fleet upgrades, and compliance with international safety standards.

Vietnam Freight and Logistics Market Segmentation

Vietnam’s freight and logistics market is segmented by transport mode and application, reflecting diverse industry needs and trade flows.

By Type

• Road Freight: Road freight moves over 80% of all domestic cargo, with more than 500,000 trucks in operation. The road network exceeds 300,000 kilometers, linking industrial zones with seaports and border crossings. Cross-border trucking handles over 30 million tons of goods annually, mainly with China and ASEAN neighbors.
• Rail Freight: Rail freight transports about 5 million tons per year, primarily bulk goods, agricultural products, and containers along the North-South line. Over 35,000 containers cross into China by rail each year. Plans to upgrade railway lines aim to increase rail’s share of containerized cargo to 15% by 2030.
• Air Freight: Air freight handles more than 1.2 million tons of high-value and time-sensitive cargo each year. E-commerce parcels, electronics, and perishables dominate air cargo, with express couriers shipping over 100,000 parcels daily through Noi Bai and Tan Son Nhat airports.
• Sea Freight: Sea freight moves over 70% of exports and handles over 700 million tons of cargo annually. Major ports like Hai Phong, Cai Mep-Thi Vai, and Saigon New Port process over 24 million TEUs each year, linking Vietnam to Europe, North America, and intra-Asia routes.
• Warehousing: Vietnam’s total warehousing space exceeds 7 million square meters, with modern facilities concentrated in industrial hubs. Over 40% of new capacity supports retail and e-commerce fulfillment, cold chain logistics, and bonded storage for export-import operations.
• Express Delivery: The express delivery segment is driven by over 55 million online shoppers, generating over 100 million parcels monthly. Major providers operate nationwide networks of sorting centers and last-mile delivery fleets to handle next-day and same-day shipping.

By Application

• Manufacturing: Freight services moving raw materials and finished goods for factories and export processing zones.
• Retail: Logistics handling store deliveries, inventory restocking, and supply chains for supermarkets and shops.
• Agriculture: Transport of rice, seafood, and fresh produce from farms to ports, warehouses, and export markets.
• E-commerce: Parcel delivery, express shipping, and last-mile logistics for millions of online orders each month.
• Industrial Goods: Freight services for machinery, equipment, and bulk cargo supporting construction and heavy industries.

Regional Outlook for the Vietnam Freight and Logistics Market

Regional Outlook for the Vietnam Freight and Logistics Market refers to an in-depth analysis of how Vietnam’s freight and logistics activities connect with different global and regional trade partners.

• North America

North America remains a key trade partner for Vietnam’s logistics market, with bilateral trade volumes exceeding 90 million tons annually. The U.S. is Vietnam’s largest export destination, receiving over 50% of Vietnam’s textile and electronics shipments. Major North American ports, including Los Angeles and Long Beach, handle more than 2 million TEUs of Vietnamese goods each year. Air freight routes between Ho Chi Minh City and major U.S. hubs process more than 100,000 tons of high-value cargo, such as electronics and garments, annually. Logistics providers invest in direct ocean and air routes to reduce transit times for just-in-time manufacturing supply chains.

• Europe

Europe remains a significant region for Vietnam’s freight and logistics sector. The EU-Vietnam Free Trade Agreement supports trade flows of over 60 million tons of goods per year. Europe accounts for more than 15% of Vietnam’s total export cargo, including furniture, apparel, and seafood. Major sea lanes connect Vietnamese ports to Rotterdam, Hamburg, and Antwerp, moving over 800,000 TEUs yearly. Rail freight is also emerging, with Vietnam’s direct rail link to China enabling transit to Europe’s rail hubs like Duisburg. Air freight to Europe handles more than 50,000 tons of time-sensitive goods yearly.

• Asia-Pacific

Asia-Pacific dominates Vietnam’s logistics flows, as more than 70% of total cargo volume is moved within this region. China is Vietnam’s largest trade partner, with cross-border trucking and rail shipping more than 30 million tons of goods annually. Intra-ASEAN trade drives sea and road freight volumes, with Thailand, Malaysia, and Singapore among Vietnam’s top logistics connections. More than 500,000 TEUs are shipped monthly through major Asian transshipment ports like Singapore. Regional air freight moves over 800,000 tons annually, mostly electronics and garments to Japan, South Korea, and China.

• Middle East & Africa

Middle East & Africa region represents an expanding opportunity for Vietnam’s exporters and logistics providers. The UAE and Saudi Arabia import more than 3 million tons of Vietnamese goods each year, mainly textiles, seafood, and consumer electronics. Direct ocean freight routes handle over 200,000 TEUs of exports annually. Air freight connections through Dubai and Doha process over 20,000 tons of perishables and high-value goods each year. Growth in Halal-certified logistics and cold chain services supports Vietnam’s agricultural exports to this region.

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)
• P. Moller – Maersk (Denmark)
• Aviation Logistics Corporation (Vietnam)
• DB Schenker (Germany)
• DHL Group (Germany)
• Gemadept Corporation (Vietnam)

Bee Logistics Corporation (Vietnam): Bee Logistics manages more than 500,000 TEUs of sea freight and 50,000 tons of air freight annually, operating offices in over 20 cities across Asia.

A.P. Moller - Maersk (Denmark): Maersk handles more than 2 million TEUs of container throughput in Vietnam each year and operates integrated logistics hubs connecting key ports and industrial parks.

Investment Analysis and Opportunities

Investment in Vietnam’s freight and logistics market continues to grow as foreign and local companies expand capacity and upgrade technology. In 2023, logistics infrastructure investments exceeded $1.5 billion equivalent, with new deep-sea ports, industrial logistics parks, and smart warehouses under construction.

Public-private partnerships are boosting road and rail improvements. More than 500 kilometers of new expressways were built in 2023 alone, connecting industrial parks with seaports and border gates. The government aims to complete an additional 1,200 kilometers of highways by 2030 to ease road freight bottlenecks.

Major companies are expanding cold chain and bonded warehouse space to handle perishable exports like seafood, which accounts for more than 5 million tons of annual shipments. Over 30% of new warehouse capacity in Ho Chi Minh City and Hanoi is designed for temperature-sensitive goods.

E-commerce continues to drive last-mile delivery investments. Express parcel companies have added over 100 new distribution centers nationwide, with automated sorting lines capable of handling over 500,000 parcels daily. Cross-border e-commerce shipments from Vietnam to China and ASEAN markets now exceed 20 million parcels yearly.

Digitalization attracts investment too. More than 50 local startups offer tech-enabled freight matching, real-time tracking, and digital customs clearance. Vietnam’s National Single Window processed over 14 million customs documents online last year, saving time for shippers and logistics firms.

Emerging investment opportunities include green logistics. Major providers are testing electric trucks for urban delivery and rooftop solar installations for warehouses. These initiatives help reduce Vietnam’s logistics sector carbon footprint, which contributes an estimated 12% of national CO2 emissions annually.

With FDI continuing to pour into manufacturing and high-value exports, logistics investments will expand modern warehousing, automated ports, smart fleet tracking, and workforce training programs to maintain Vietnam’s position as a competitive regional hub.

New Product Development

New product development in Vietnam’s freight and logistics sector focuses on improving efficiency, transparency, and sustainability to meet global supply chain demands. In 2023, more than 20 logistics providers launched digital freight platforms to automate booking, track cargo, and manage documents online. These systems handle over 500,000 shipments each month, connecting shippers with thousands of carriers nationwide.

Cold chain innovation is expanding too. Over 1 million square meters of new temperature-controlled storage came online last year, enabling seafood, fruit, and pharmaceutical exporters to maintain strict quality standards. New modular cold containers handle more than 10,000 tons of perishables monthly for cross-border trucking to China and Southeast Asia.

Last-mile delivery solutions are evolving rapidly. Major express players introduced same-day and next-day delivery for more than 50% of urban orders, supported by automated sorting centers with a combined capacity of over 1 million parcels daily. Electric scooters and three-wheelers now handle over 10% of last-mile urban parcels, reducing delivery emissions and costs.

Rail freight services have seen upgrades too. New container rail services link Hanoi with China’s Guangxi and Yunnan provinces, moving over 35,000 containers annually. Rail operators now offer temperature-controlled wagons for high-value agricultural exports, a segment expected to reach 100,000 tons yearly.

Green logistics services are an emerging focus. Over 10 large logistics parks now operate on renewable energy, with solar rooftops powering warehouse operations. Some operators have invested in fleet electrification, piloting electric trucks for city delivery and reducing fuel costs by up to 20%.

Customs and cross-border solutions are also part of new product development. Leading providers offer end-to-end customs clearance and digital trade documentation, processing more than 500,000 export declarations per year. Real-time cargo tracking apps are now used by more than 70% of large shippers, boosting transparency for domestic and cross-border freight.

With Vietnam’s manufacturers seeking faster delivery, higher reliability, and sustainability, new logistics products will continue to feature automation, digital booking, real-time tracking, and green fleet upgrades to meet international buyer requirements.

Five Recent Developments

• Bee Logistics Corporation opened a new smart warehouse in Hai Phong, adding 50,000 square meters of bonded storage for export goods.
• P. Moller - Maersk launched a cold chain service connecting Ho Chi Minh City to China, handling more than 10,000 tons of seafood per month.
• Vietnam Maritime Corporation expanded Cai Mep port capacity, adding 500,000 TEUs of annual throughput.
• Viettel Post rolled out a new nationwide express delivery app, managing over 200,000 parcels daily with real-time tracking.
• DHL Group opened a green logistics hub in Ho Chi Minh City, equipped with solar panels and electric delivery vans for urban distribution.

Report Coverage of Vietnam Freight and Logistics Market

The Vietnam Freight and Logistics Market report provides in-depth analysis of transport modes, application sectors, key players, and infrastructure developments that shape one of Southeast Asia’s fastest-growing logistics networks. Covering more than 1.7 billion tons of goods handled each year, the report maps how road, rail, air, and sea freight connect Vietnam’s industrial hubs with global markets.

Segmentation insights show road freight’s dominance, moving over 80% of domestic cargo, while sea freight handles over 70% of total export volume through more than 45 active ports. Rail freight moves about 5 million tons annually, with direct connections to China supporting regional trade integration. Air cargo moves over 1.2 million tons each year, driven by high-value electronics and growing e-commerce demand.

The report highlights how warehousing, cold chain logistics, and express delivery solutions support Vietnam’s manufacturing, retail, agriculture, and cross-border e-commerce sectors. E-commerce alone drives over 100 million parcels monthly, supported by modern sorting hubs and digital freight platforms.

Key company profiles feature market leaders like Bee Logistics Corporation and A.P. Moller - Maersk, which collectively manage more than 2.5 million TEUs of container throughput annually and operate integrated services covering port handling, trucking, rail, and last-mile delivery.

The report examines drivers like booming exports, FDI, and e-commerce, along with constraints such as congestion, aging assets, and workforce challenges. It details how investment in new highways, smart warehouses, green fleets, and digital tracking tools is transforming Vietnam’s position in global supply chains.

Verified facts and figures make this report essential for manufacturers, logistics providers, policymakers, and investors planning capacity upgrades, cross-border expansion, and supply chain digitization in Vietnam’s dynamic freight and logistics ecosystem.

Frequently Asked Questions