Logistics Sector Update – Still adolescent but growing-up fast
  • 2015-09-11T16:52:05
  • Sector Reports
Vietnam’s USD 50-60 billion logistics industry is growing fast but is still in the early stages of development. The sector has been growing at ~20% per year and is expected to sustain double-digit growth for at least the next 5-10 years. Most Vietnamese logistics players are 2PL (secondary party logistics) providers in unlike more developed markets where 3PL providers and integrated supply chain management vendors dominate.