A lot of massive postal enterprises in Viet Nam, similar to Viettel Submit and Vietnam Submit, are racing to faucet into the native logistics market with a scale of practically US$62 billion.
Moreover the supply sector, Viettel Submit has invested closely in logistics, e-commerce, and expertise to turn out to be the nation’s main logistics enterprise primarily based on excessive expertise, baodautu reported.
The web newspaper cited Tran Trung Hung, basic director of Viettel Submit, as saying that his firm would deal with investing in warehouses, automobiles, warehouse logistics and worldwide freight forwarding in 2022 and the next years.
Viettel Submit would additionally make ample funding in expertise home equipment to unravel issues within the logistics service chain, contemplating it essentially the most aggressive for logistics service suppliers, Hung mentioned.
He added that the agency additionally deliberate to construct a sensible logistics and distribution centre run below the world’s sensible warehouse mannequin. It was anticipated to extend its automation warehouse price to 50-60 per cent.
Vietnam Submit has additionally made an identical transfer, making sturdy penetration into the logistics market. The corporate mentioned on its web site that logistics grew to become one in every of its 5 key enterprise pillars in 2022.
It established Vietnam Submit Logistics Firm, which focuses on offering warehousing companies, order fulfilment companies, worldwide transportation companies, import and export, customs, and first-mile transportation.
In accordance with Nguyen Dinh Cuong, Director of Vietnam Submit Logistics Firm, sooner or later, together with guaranteeing operation and enhancing companies that optimise prices for patrons, Vietnam Submit Logistics would proceed to deal with funding and improvement in infrastructure of greater than 350,000m2 of warehouses.
These will embrace bonded warehouses, chilly storage related to a provide chain system devoted to agricultural logistics, e-commerce warehouses in key financial areas, and a system of distribution centres.
The corporate rigorously calculated the placement of every warehouse and works with organisations to make sure comfort in transactions and excessive connectivity, Cuong mentioned, including that it additionally arrange end-to-end logistics management centres and improved data expertise capabilities to help strategic logistics targets progressively.
In accordance with the Vietnam Submit, Logistics Firm is striving to turn out to be a “billion-dollar enterprise” and a number one logistics service supplier in Viet Nam by 2025 with branches and places of work in lots of international locations worldwide such because the US, the EU, Japan and Laos.
Analysts mentioned that the growth in e-commerce facilitated the event of the logistics business in 2021. Final yr, the Vietnamese e-commerce market grew by 16 per cent year-on-year to achieve $14 billion.
It’s forecast that the dimensions of Vietnam’s e-commerce might attain $52 billion in 2025, which might create monumental alternatives for postal corporations.
Nguyen Vu Hong Thanh, Director of the Postal Division, mentioned that the postal business was rising as an vital business for nationwide socio-economic improvement, having fun with many alternatives in improvement to turn out to be the infrastructure of the digital economic system.
As shared-platform enterprise fashions explode, new-generation retail and e-commerce enterprise fashions will want a widespread supply infrastructure to get items to customers.
She mentioned this was a bonus that not many fields had. When sensible gadgets have been popularised, the postal infrastructure wanted to turn out to be a extra strong help bridge for e-commerce actions, particularly in rural areas, she mentioned.
Regardless of many challenges confronted because of the pandemic, the postal business nonetheless achieved a mean progress price of between 20-30 per cent in 2021.
The Postal Improvement Technique to 2025 will deal with selling e-commerce and logistics fields with market measurement of as much as $70-80 billion by 2025, selling the transition of the postal business from conventional to digital companies.