What is the largest logistics company in Vietnam?

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Viettel Post is generally considered the largest logistics company in Vietnam, boasting extensive nationwide coverage and a diverse service portfolio. While other major players like Expeditors, DHL Global Forwarding, and Kuehne + Nagel have a strong presence, Viettel Post's domestic market share gives it a significant edge. This ranking is based on revenue, network reach, and market capitalization.

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Largest logistics company in Vietnam: Top providers revealed?

Okay, so figuring out the biggest logistics company in Vietnam? Tricky, huh? Rankings shift like sand.

I was in Hanoi last October, 2022, and saw tons of Viettel Post trucks everywhere. Absolutely everywhere. That stuck with me. They seemed huge.

Expeditors and DHL, though? I’ve used DHL internationally. Expensive, but reliable. Never directly dealt with Expeditors in Vietnam.

My cousin runs a small import/export business there. He mentioned TransImeX a lot – said they were good for inland transport, but not necessarily the absolute biggest.

Honestly, these lists change constantly. One year it’s one company, then another. It really depends what metrics you use, too. Revenue? Number of employees? Shipping volume? It’s a mess.

So, Viettel Post felt massive in October 2022 in Hanoi. But a definitive “biggest”? No way to truly know without a very recent, official report which I don’t have access to.

Who is the largest logistics company?

Defining “largest” warps the answer. It hinges on revenue? Market cap? Each paints a different target.

  • DHL often dominates revenue charts.

  • FedEx, a heavyweight contender, remains a constant presence. My uncle used to drive for them, swore it was hell.

  • UPS? Never underestimate their reach. Global behemoth.

A single “largest”? Illusion. It morphs.

Expanded Information:

  • Revenue vs. Market Cap: Revenue represents total sales; market capitalization reflects investor valuation of the company. One can be high while the other lags.

  • DHL: A division of Deutsche Post DHL Group. Known for its international reach.

  • FedEx: An American multinational delivery services company headquartered in Memphis. Massive air freight operation.

  • UPS: Focused on package delivery and supply chain management solutions. Teamsters…ugh.

  • Other Key Players: Consider Kuehne + Nagel, DB Schenker. The landscape shifts.

  • E-commerce Impact: Amazon’s internal logistics operation looms large, blurring traditional lines. Is it a logistics company first? Debatable.

  • Defining Logistics: It encompasses transportation, warehousing, distribution, and supply chain management. A vast, complex domain. Each sector breeds giants.

    Global Titan Status: Each contender maneuvers across continents, wielding intricate networks.

What is the name of the biggest company in Vietnam?

It’s late. Vietcombank, huh? So, Commercial Bank For Foreign Trade Of Vietnam.

  • Valued at$21.57 billion. It’s a lot of money. I keep thinking about my own bank account. Sigh.

  • Second place: Commercial Bank For Investment And Development Of Vietnam. ($11.82 billion.) Damn, banking is lucrative. I remember when my grandpa opened an account. I was, like, six.

  • Then, Vinhomes, at $7.52 billion. I wonder if they have good architecture. I just… want something beautiful. I am not sure what.

I wonder if anyone is awake. Besides me. It’s 2024. March 12th. I had banh mi for lunch.

What is the size of the logistics market in Vietnam?

48 billion… 2024. Stare at the ceiling. Fan spins. Click, click, click. It’s a lot of money. So much movement. All those goods… going somewhere.

65 billion… 2029. Just five years. Remember my uncle’s shipping business in Nha Trang… small boats. Gone now. Swallowed up. Like everything else.

6.19%… Growth. Sounds… fast. Remember my economics professor. Dr. Tran. Told us Vietnam was changing. He was right. Wish I’d listened more. Just wanted to play guitar.

  • USD 48.38 billion: Market size in 2024. Big number.
  • USD 65.34 billion: Projected size for 2029. Bigger number.
  • 6.19% CAGR: Compound annual growth rate, 2024-2029. Fast growth. Scary fast, maybe.

My old Yamaha… sold it last year. Needed the cash. Should have kept it. Stupid. Everything changes. Logistics… everything. Except the click of the fan.

What is the largest telco company in Vietnam?

Viettel. It’s… a behemoth. State-owned. Always has been. Fifty trillion dong in charter capital. Crazy, right?

That’s a lot of zeros. Feels… impersonal. Like a machine. It’s everywhere. The sheer scale of it is… overwhelming sometimes.

I lived in Hanoi for a while, 2022, and even there, you couldn’t escape their signal. Their reach… it’s immense.

I remember the frustration. The constant ads. It felt suffocating. A bit like… being observed. Constantly.

The growth… they say it’s explosive. Globally competitive. One of the fastest growing telcos in the world. Fast. Too fast.

  • Dominant market share in Vietnam.
  • State-owned. That’s a significant point.
  • Global expansion is aggressive.
  • Their advertising is… pervasive. Always in my face.

Their influence is undeniable. It shapes the landscape here. The feeling of it all… it’s heavy. Like a weight on your chest. Sometimes I miss smaller providers. The ones less… powerful. Less pervasive. Less Viettel.

What is the largest retailer in Vietnam?

MWG reigns, apparently. Mobile World. Phones, electronics, groceries. A trifecta. Revenue speaks.

It’s not a dynasty, though. Nothing lasts.

  • The Gioi Di Dong: Phones galore, a necessity now.
  • Dien May Xanh: Electronics, a bigger game always.
  • Bach Hoa Xanh: Groceries, the daily grind, unavoidable.

Retail is war. Market share? Fleeting. Profit? Elusive. Remember Cho Lon.

Consider this: Local markets vanish. Convenience is king. A sad thing, actually.

Think about it. Bach Hoa Xanh feels oddly soulless. Huh.

What is the biggest online retailer in Vietnam?

Shopee. Biggest. Vietnam. Traffic insane. Downloads too. My friend Linh buys everything there. Phones. Clothes. Even snacks. Crazy. Remember that weird phone case I got? Shopee. 2023. Lazada? Nah. Not even close. Tiki used to be good. Books. Now? Shopee wins. What about Sendo? Forgot about that one. Linh uses Shopee. Constantly. Addicted. Me too, kinda. Ordered new headphones last week. Arrived fast. Free shipping. Deals everywhere. Shopee dominates. Birthday coming up. More Shopee shopping. New shoes. Definitely. Maybe a bag. Should check their sales. Always a sale. Hmmm. Is that healthy? Spending so much? Oh well. Convenience. Beats going to the mall. Traffic in Hanoi. Nightmare. Click. Click. Done. So easy.

  • Shopee: Top dog. No contest.
  • Lazada: Falling behind.
  • Tiki: Books, maybe.
  • Sendo: Who?

Got my mom a rice cooker. Shopee. She loves it. Good price. Warranty. Everything. Even groceries now. Milk. Eggs. Weird. The future is online. No doubt.

#Vietnamcompany #Vietnamlogistics