VIETNAM LOGISTICS INDUSTRY 

Logistics industry plays an important role in supporting the development of all sectors of the economy. Developing logistics services effectively will contribute to increasing the competitiveness of the economy and the nation. Germany is now the world leading country in logistics performance, measured by the LPI.

In international shipping operations, sea transport is the main transportation mode in international transport activities, accounting for 90% of world commercial goods. The container shipping industry has not achieved satisfactory results due to prolonged supply and demand imbalances. Meanwhile, international air cargo transport has tended to increase slightly over the years. The market for warehouse services is likely to expand as demand grows.

In Vietnam, the logistics industry has increased more and more in size. However, the potential of this sector has not been fully exploited, Vietnamese enterprises only meet less than ¼ logistics needs. Vietnam ranks 64 out of 160 countries and is in the middle of ASEAN by LPI index.

Transportation accounted for the largest proportion in the turnover structure of the logistics industry. Cargo volume in Q1/2018 was estimated at xxx.x million tonnes, up 9.3% over the same period of 2017. Road transport contributed the largest proportion of revenue in the industry. Rail cargo volume has been continuously decreased over the years.

The logistics industry in Vietnam is facing many challenges such as the challenge of competitive risks as the increase in export and import activities makes logistics become an important service sector of international trade. In logistics, there are potential risks from the organization’s inside and external factors such as transportation risks, outsourcing, human resource management, suppliers, etc. VIRAC forecasts in the period from 2018 to 2020, the road transport continues to maintain a low growth rate and still be the type of transport having the largest revenue. Port sector will continue to grow well.

 Abbreviations
 1. Business environment
1.1 Macroeconomic situation
1.2 Legal framework
1.3 Trade agreements
2. Overview of world logistics industry
2.1 Evaluation criteria of logistics activities
2.2 Transportation
2.3 Warehousing
2.4 Port operation
256 Logistics industry in some regions in the world
3. Vietnam logistics industry
3.1 General situation of Vietnam logistics industry
3.2 Transportation
3.3 Warehousing
3.4 Port operation
4.  Development issues of Vietnam logistics industry
4.1 Challenges
4.2 Risks
4.3 Planning and forecasts
5. Enterprise analysis
5.1 Some typical enterprises in the industry
5.2 Transport enterprises
5.3 Port enterprises
6 Appendix of financial statements

PETROVIETNAM TRANSPORTATION JOINT STOCK COMPANY- PVT
VINAFREIGHT JOINT STOCK COMPANY (VNF)
VIETNAM OCEAN SHIPPING JOINT STOCK COMPANY – VOS
VIETNAM TANKER JOINT STOCK COMPANY – VTO
VINAFCO SHIPPING JOINT STOCK COMPANY – VFC
SOUTH LOGISTICS JOINT STOCK COMPANY – STG
VIETNAM OCEAN SHIPPING AGENCY CORPORATION – VSA
VIETNAM SEA TRANSPORTAND CHARTERING JOINT STOCK COMPANY – VST
GEMADEPT JOINT STOCK COMPANY (GMD)
DINHVU PORT INVESTMENT AND DEVELOPMENT JOINT STOCK COMPANY (DVP)
VIETNAM CONTAINER SHIPPING JOINT STOCK COMPANY (VSC)
HAI AN TRANSPORT AND STEVEDORING JOINT STOCK COMPANY (HAH)
DOAN XA PORT JOINT STOCK. COMPANY (DXP)
CAT LAI PORT JOINT STOCK COMPANY – CLL
TAN CANG LOGISTICS & STEVEDORING JOINT STOCK COMPANY – TCL
DONG NAI PORT JOINT STOCK COMPANY- PDN

List of figures
Figure 1: GDP growth by quarter, 2015 – Q2/2018
Figure 2: VND/USD exchange rate, 2013-6/2018
Figure 3: Foreign Direct Investment, 2014 – Q2/2018
Figure 4: World crude oil price, 2011 – 6/2018
Figure 5: Imports and exports of commodity, 2011 – 6M/2018
Figure 6: Contribution of FDI enterprises to import and export, 6M/2018e
Figure 7: The most exported commodity, 6M/2018
Figure 8: Structure of exported commodity groups, 6M/2018
Figure 9: Main export markets of Vietnam, Q2/2018
Figure 10: Size of global logistics market, 2015 – 2020f
Figure 11: The 3PL logistics revenue serves a number of major industries, 2015 – 2017
Figure 12: Proportion of logistics expenses in GDP, 2016
Figure 13: Proportion of logistics expenses in GDP of some countries, 2016e
Figure 14: Demand for sea transport worldwide, 2013 – 2016e
Figure 15: Proportion of container goods in sea transport, 1980 – 2020e
Figure 16: Baltic Dry Index (BDI), 2003 – 2017
Figure 17: Growth rate of demand in container shipping, 2008-2019e
Figure 18: World’s top largest shipping companies, 2017
Figure 19: Global air freight volume, 2004- 2017e
Figure 20: Global revenue from air freight volume, 2004 -2017e
Figure 21: Airports that have the largest freight capacity, 2017
Figure 22: Structure of port cargo throughput by region, 2016
Figure 23: Top seaport has the greatest amount of cargo throughput on the world, 2016
Figure 24: Proportion of container cargo in sea transport, 1980 – 2020f
Figure 25: Volume of seaport container cargo throughput worldwide, 2008 – 2016
Figure 26: Structure of container cargo passing through ports by region, 2016
Figure 27: Top largest container ports on the world, 2017
Figure 28: Volume of airport freight throughput by region, 2016e
Figure 29: Volume of good passing through the top largest airports, 2017
Figure 30: Size of 3PL market by region, 2016
Figure 31: Revenue of logistics industry, 2011 – 2016
Figure 32: Share of revenue in logistics activities, 2016
Figure 33: Percentage of logistic costs in 2016 GDP of Vietnam compared to other countries
Figure 34: Logistics cost of some exported goods
Figure 35: LPI rank of Vietnam, 2010- 2018
Figure 36: Logistics performance index of Vietnam (LPI), 2007- 2018
Figure 37: Proportion of logistics enterprises in Vietnam, 2016
Figure 38: Profit of types of transportation, 2011-2016
Figure 39: Revenue of types of transportation, 2011-2016
Figure 40: Share of cargo volume through various types of transport, 6M/2016 – 6M/2018e
Figure 41: Volume of goods transported by road in some provinces, 6M/2018e
Figure 42: Volume of goods transported by road, 2010 – 6M/2018e
Figure 43: Volume of freight transported by railway, 2010 – 6M/2018e
Figure 44: Volume of cargo transported by sea of some provinces, 6M/2018e
Figure 45: Volume of cargo transported by sea, 2012 -6M/2018e
Figure 46: Structure of Vietnam’s cargo ship fleet by category 2016
Figure 47: Volume of cargo transported by inland waterway, 2010 – 6M/2018e
Figure 48: Volume of goods transported by air, 2012 – 6M/2018e
Figure 49: Market share of cargo transport by international aviation in 2014 by volume
Figure 50: Scale of a number of distribution centers in Vietnam, 2016
Figure 51: Revenue from warehousing, 2010 – 2016
Figure 52: Revenue from loading and unloading activities, 2010 – 2016
Figure 53: Volume of port cargo throughput, 2013 – 6M/2018e
Figure 54: Volume of port container cargo throughput, 2013– 6M/2018e
Figure 55: Structure of port cargo throughput, 6M/2018e
Figure 56: Market sharer of Vietnam seaports, 6M/2018e
Figure 57: Volume of port container cargo throughput by region, 2010 – 6M/2018e
Figure 58: Volume of port cargo throughput by region, 2011 – 6M/2018e
Figure 59: Volume of Northern ports cargo throughput, 2005 – 6M/2018
Figure 60: Volume of container throughput at Northern Ports, 2011 – 6M/2018e
Figure 61: Structure of container volume throughput at Northern Ports, 6M/2018e
Figure 62: Volume of cargo throughput at Hai Phong port, 2010 -2020e
Figure 63: Volume of cargo throughput at the Central ports, 2013-6M/2018e
Figure 64: Volume of container cargo throughput at the Central ports, 2013-6M/2018e
Figure 65: Structure of container volume at the Central ports, 6M/2018
Figure 66: Volume of container throughput at the Southern ports, 2013 – 6M/2018
Figure 67: Volume of cargo throughput at Southern ports, 2013-6M/2018e
Figure 68: Structure of container throughput volume at the Southern ports, 6M/2018
Figure 69: Volume of cargo throughput volume at South East ports, 2013 – 6M/2018
Figure 70: Volume of cargo throughput at the Mekong Delta ports, 2011 – 6M/2018e
Figure 71: Revenue of all types of transportation, 2015 – 2020f
Figure 72: Net revenue, 2016 – 2017
Figure 73: Gross profit margin, 2016 – 2017
Figure 74: Capital structure, 2016 – 2017
Figure 75: Payment ratio, 2016 – 2017
Figure 76: Profit ratio, 2016 – 2017
Figure 77: Net revenue of port enterprises, 2016 – 2017
Figure 78: Gross profit margin, 2016 – 2017
Figure 79: Profit ratio, 2016 – 2017
Figure 80: Solvency of port enterprises, 2016 – 2017
Figure 81: Solvency of transport enterprises, 2016 – 2017
Figure 82: Index of profit of port enterprises and transport enterprises, 2016 – 2017

List of tables
Table 1: Top countries with the highest LPI rank in the world, 2018
Table 2: Revenues of the top 10 largest 3PL service providers in the world, 2016
Table 3: Trade routes which develop the most, 2016
Table 4: World’s top 10 companies with the largest cold storage system, 2018e
Table 5: Logistics markets having the largest increase in warehouse rental prices, 2017
Table 6: World’s markets that have the highest warehousing hiring cost , 2017
Table 7: Logistics markets having the largest decrease in warehouse rental prices, 2017
Table 8: Road traffic system of Vietnam, 2017
Table 9: Average speed on railway lines, 2014 – 2017
Table 10: Permissible load on lines
Table 11: Parameters of airports which include cargo terminals, 2017
Table 12: Comparison between storage and distribution center
Table 13: Capacity of receiving ships of Vietnam seaports
Table 14: Projects which are being invested in Hai Phong port
Table 15: Projects which are being invested in Quang Ninh port
Table 16: Projects which are being invested in Central Vietnam
Table 17: Performance efficiency of some ports in Ho Chi Minh City, 2017
Table 18: Performance efficiency of Cai Mep – Thi Vai ports, 2017
Table 19: Projects which are being invested
Table 20: Some typical transportation enterprises
Table 21: Some typical port enterprises