Nowadays, Vietnam Logistics mainly focuses on inland transportation, seaport and airport operations, warehousing, cargo management and international transportation. Carriage of passengers and cargo in 2017 reached 3,994.1 million passengers, up 10.2% and 1.379 million tons, up 9.8% respectively. In particular, roads account for the largest share of the transport structure, accounting for 94% of passengers and 78% of freight.
These 10 enterprises are the largest ones in the logistics sector in Vietnam based on the figures of total revenue in the Industry report 2017 by VietnamCredit:
VIETNAM NATIONAL SHIPPING LINES (VINALINES)
Vinalines was founded in 1995 with current charter capital about 10, 693 billion VND. Vinalines currently operates and invests in three key operating segments:
- Port operation (31%)
- Shipping (37%)
- Logistics (27%)
- Other services (5%)
Total revenue in 2017: 14.651 billion VND
PETROVIETNAM TRANSPORTATION CORPORATION (PVT)
Established in 27th May 2002, PetroVietnam Transportation Corporation (PV Trans) provides maritime transportation and services to the oil and gas industry in Viet Nam and abroad.
PV Trans is presently owned by a major shareholder (60%) being Vietnam National Oil and Gas Group (Petro Vietnam) and the corporation’s stock is now listed on the Ho Chi Minh City Stock Exchange (HoSE).
Through years of operation and in response to the market’s demands, PV Trans is further developing a modern fleet of crude oil tankers, product tankers, LPG carriers, offshore support vessels contributing to the oil and gas industries in Vietnam and region.
Total revenue in 2017: 6.148 billion VND
VIETTEL POST JOINT STOCK CORPORATION (VIETTEL POST)
Viettel Post Joint Stock Corporation (Viettel Post), was established on July 1, 1997. ViettelPost is a member unit of Vietnam Military Telecommunications Group (Viettel), specializing in the business of domestic and international courier services; Carrying passengers, goods, international lines; Cash on delivery (COD); Warehouse rental; Press release; Telecommunication; Stationery; Insurance; Flight tickets...
Total revenue in 2017: 4.031 billion VND
- GEMADEPT CORPORATION
Gemadept Corporation was established in 1990 and was among the first 3 companies being selected by the government for equitizing in 1993. From 2002, Gemandept was officially listed on Vietnam Stock Exchange.
After almost 30 years of establishment and development, Gemandept is one of the leading enterprises in Port operation and Logistics in Vietnam market.
Total revenue in 2017: 3.984 billion VND
MAI LINH GROUP
Mai Linh Group, formerly known as Mai Linh Passenger and Travel Company, was established in 1993 in Ho Chi Minh City, founded by Mr. Ho Huy.
In the period of 2007-2011, Mai Linh Group followed the target of multi-sector development (transport, tourism, training, finance, construction, trade, security services, energy). From 2012 to now, the Group has been focusing on developing the main industry is passenger transport by taxi. Today, Mai Linh is one of the famous brand in Vietnam.
Total revenue in 2017: 3.730 billion VND
VINACOMIN – MATERIALS TRADING JOINT STOCK COMPANY
Vinacomin – Materials Trading JSC was established in 1996, and was among the first 3 companies being selected by the government for equitizing in 2014.
Vinacomin – Materials Trading JSC is a member unit of Vietnam National Coal – Mineral Industries Holding Corporation Limited, specializing in supplying materials and fuel, loading services, coal transportation, mechanical products, protective products, aquaculture, afforestation.
Total revenue in 2017: 3.340 billion VND
VIETNAM SUN CORPORATION
Vinasun Corp, formerly Vinasun Travel, was established in 1995 and equitized in 2003. The main business scopes of company are listed as follows:
- Providing taxi services under TAXI VINASUN brand
- Providing travel and tourism services, airline ticket service under VINASUN TRAVEL brand
- Providing restaurant service
- Trading real estate...
Total revenue in 2017: 2.937 billion VND
- HANOI RAILWAY TRANSPORT JSC
Hanoi Railway Transport JSC is a state-owned, dependent-accounting company established on July 7, 2003 of the Board of Directors of Vietnam Railway Corporation, which has 18 subordinate units.
Hanoi Railway Transport JSC mainly operates in two major services: Passenger services and Cargo services.
Total revenue in 2017: 2.260 billion VND
- TRANSIMEX CORPORATION
TRANSIMEX-SAIGON, formerly the state-owned enterprise, was established in 1983. On 01/01/2000, it was turned into Joint Stock Company as Transimex Corporation.
The main business scopes of Transimex Corporation are:
- Providing freight forwarding agent consigning services for exports and imports
- Catering container freight station (CFS) and inland clearance depot (ICD) services
- Trading in warehouse; loading, storage, freight forwarding; customs clearance
- Shipping agent and freight mediation...
Total revenue in 2017: 2.132 billion VND
- PORT OF HAI PHONG JSC
In 1956, The Port of Hai Phong became an enterprise under the operation and management of the Ministry of Transport, them it had become a part of Maritime Shipping Directorate (1965), General Directorate of Maritime affairs (1978), Vietnam National Shipping Lines (1995).
In 2007, The Port of Hai Phong changed its legal form into Hai Phong Port Holding Limited Liability Company under Vietnam National Shipping Lines.
And finally, The Port of Hai Phong changed its legal form into a joint stock company in 2014.
Port of Hai Phong JSC is currently operating in the business scope as follows:
- Cargo handling, tallying and warehousing
- Tug assistance and maritime salvage to ocean vessels
- Cargo transit, container transhipment service
- Supply of transport service
- Ship agent and maritime brokerage
- Cargo package, on-land and by-water transport
- Logistic service of container transport by Hai Phong – Lao Cao railway route
Total revenue in 2017: 2.069 billion VND
According to Logistics industry report 2017 from VietnamCredit, logistics services in Vietnam is about USD40-42 billion per year. The average growth rate of this sector in recent years has wavered around 14-16%. It is expected that by 2020 there will be an additional USD622 billion from commercial activities, due to increase in foreign investment, agricultural output and production.