Vietnam Quick Commerce Market Size and Share

Vietnam Quick Commerce Market Summary
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Vietnam Quick Commerce Market Analysis by Mordor Intelligence

The Vietnam quick commerce market size stood at USD 0.81 billion in 2025 and is forecast to expand to USD 1.32 billion by 2030, supported by a 10.16% CAGR during the period. Cashless payment adoption grew significantly, the highest in Southeast Asia, while the number of active digital wallets is projected to reach 50 million by the end of 2024, reinforcing friction-less checkout experiences that accelerate basket conversion. Urban millennials demonstrate a strong bias toward hyper-local shopping, which, in tandem with government-backed e-logistics incentives, keeps demand momentum elevated. Competitive intensity has deepened as ecosystem players invest in dark stores, AI-based routing, and electric vehicle (EV) delivery fleets that compress fulfillment times even further.

Key Report Takeaways

  • By product category, Grocery and Staples commanded 51.27% of Vietnam quick commerce market share in 2024, while Snacks and Beverages is projected to register the fastest growth at a 10.24% CAGR through 2030. 
  • By delivery time promise, the Less than 10 Minutes segment captured 57.72% revenue share in 2024; the 11-30 Minutes segment is forecast to expand at a 10.58% CAGR to 2030. 

Segment Analysis

By Product Category: Grocery Staples Drive Market Foundation

Grocery and Staples held 51.27% of Vietnam quick commerce market share in 2024, reflecting high-frequency consumer reliance on essential items and yielding repeat-purchase economics that bolster operator basket density. Predictable demand patterns let platforms tune inventory to minimize spoilage, while supplier relationships ensure favorable terms that support contribution margins. Snacks and Beverages displayed 10.24% CAGR from 2025–2030, buoyed by impulse buying and tolerance for premium mark-ups among urban millennials who value immediate convenience. Fresh Produce and Dairy trail due to cold-chain bottlenecks, yet latent demand remains strong, offering upside once infrastructure matures. Personal Care and OTC Pharma capitalize on pharmacy chain reforms led by Long Chau’s network of more than 1,700 outlets, giving quick commerce players ready access to regulated products.

Diversification into Home and Cleaning Supplies, Electronics, Pet Care, and Gifts follows rising consumer expectation for one-stop lifestyle fulfillment through the Vietnam quick commerce market. Regulatory oversight that mandates e-commerce registration improves product authenticity confidence, encouraging category trial. Over time, operator algorithms will refine SKU breadth by analyzing real-time demand signals, sharpening inventory productivity and customer retention.

Vietnam Quick Commerce Market: Market Share by Product Category
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By Delivery Time Promise: Ultra-Fast Fulfillment Captures Premium

The Less than 10 Minutes band captured 57.72% of Vietnam quick commerce market size in 2024, testament to dense urban corridors and dark-store proximity economics. Operators invest in high-velocity pick-and-pack workflows, EV fleets, and AI-based routing to preserve the sub-ten-minute pledge in congested environments. Battery-swap stations reduce range anxiety and idle time, aligning operational cadence with consumer expectations for near-instant gratification. 

The 11-30 Minutes segment is on track for a 10.58% CAGR between 2025 and 2030, signaling adoption in less-dense neighborhoods where slightly longer wait times remain acceptable. The 31-60 Minutes window targets price-sensitive users prepared to trade immediacy for lower service fees, effectively bridging traditional e-commerce and ultra-fast delivery models. 

Vietnam Quick Commerce Market: Market Share by Delivery Time Promise
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Geography Analysis

Ho Chi Minh City and Hanoi have the highest users of quick commerce, leveraging high disposable incomes, advanced payment infrastructures, and dense addressable populations that support sub-ten-minute fulfillment economics. Ho Chi Minh City benefits from established logistics clusters in District 2 and Thu Duc, while Hanoi records stronger share gains for ShopeeFood, which reached siginificant local penetration in 2025. Da Nang ranks third, anchored by port investments that amplify cross-central distribution efficiency and attract dark-store roll-outs.

Can Tho leads the Mekong Delta region, drawing on close-in agricultural supply for fresh produce assortments; nonetheless, cold-chain gaps temper growth potential. Hai Phong, Bien Hoa, and Nha Trang represent emerging nodes as manufacturing expansion boosts middle-class income and supports wider adoption of the Vietnam quick commerce market. Government plans to take the national expressway network to 4,000 kilometers by 2030 will compress transit times, lower cost-to-serve, and facilitate geographic diffusion.[3]Source: Vietnam Investment Review, "2025 - A breakthrough year for Vietnam’s logistics industry",vir.com.vn Logistics efficiency rankings improved to in 2025, reflecting consistent growth and providing structural tailwinds.

Rural and peri-urban locales remain under-penetrated due to COD reliance and limited delivery density, yet ongoing mobile-money pilots aim to extend digital financial inclusion through 2024. Collaboration between provincial governments and logistics associations on warehouse parks and truck-rest stops is expected to unlock incremental capacity and stimulate Vietnam quick commerce market expansion beyond major conurbations.

Competitive Landscape

Vietnam quick commerce market concentration is moderate, with the top two players controlling a majority of transactions.Automation distinguishes logistics specialists. VTPost’s robot-enabled hub cuts unit-handling costs and raises sorting accuracy, allowing it to offer fulfillment services to multiple marketplaces. Emerging challenger Xanh SM integrates ride-hailing and delivery atop an EV fleet, backed by ecosystem synergies from its billionaire founder. 

Regulatory compliance under Ministry of Industry and Trade guidelines raises entry barriers but also standardizes quality, bolstering consumer trust in the Vietnam quick commerce market. Operators that combine differentiated assortments with technology-driven efficiency and clear ESG narratives are best positioned to defend and grow share.

Vietnam Quick Commerce Industry Leaders

  1. Grab Company Limited

  2. Mobile World Investment Corporation (Bach Hoa Xanh Now)

  3. Shopee Company Limited (ShopeeFood Express)

  4. Lazada Group

  5. 7-Eleven Vietnam Company Limited

  6. *Disclaimer: Major Players sorted in no particular order
Vietnam Quick Commerce Market Concentration
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Recent Industry Developments

  • June 2025: 7-Eleven debuted in Hanoi, expanding competition in convenience-linked delivery.
  • June 2025: In Hanoi, Vietnam, Xanh SM has introduced a food delivery service named Xanh SM Ngon, emphasizing speed and freshness. A standout feature of this service is its "no batched orders" policy. This means every order is delivered straight from the restaurant to the customer, reducing wait times and ensuring the food maintains its quality. With this strategy, Xanh SM Ngon seeks to offer a quicker and more dependable delivery experience, setting itself apart from competitors that consolidate multiple orders.
  • March 2025: GS25, the South Korean convenience store chain, has opened six new stores in Hanoi, Vietnam, complete with integrated delivery services, as reported by a news source. These new outlets mark GS25's foray into northern Vietnam, with ambitions to operate over 40 stores in Hanoi by the close of 2025. Looking further ahead, the company targets a total of 500 stores nationwide by 2026, escalating to 700 by 2027.

Table of Contents for Vietnam Quick Commerce Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET LANDSCAPE

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Growing preference among urban millennials for hyper-local, instant-purchase shopping models.
    • 4.2.2 Accelerated rollout of dark-store infrastructure across key metropolitan hubs.
    • 4.2.3 Adoption of AI-powered route optimization to reduce last-mile delivery costs in real time.
    • 4.2.4 Government-backed incentives fostering e-logistics ecosystem growth.
    • 4.2.5 FMCG brands prioritizing direct-to-consumer channels to gain ownership of customer data.
    • 4.2.6 Expansion of EV battery-swapping infrastructure enabling fulfilment in under ten minutes.
  • 4.3 Market Restraints
    • 4.3.1 Profitability challenges driven by persistent consumer preference for cash-on-delivery payments.
    • 4.3.2 Limited availability of Tier-1 cold-chain facilities beyond the top five urban markets.
    • 4.3.3 High annual rider attrition rates compounded by wage-related disputes.
    • 4.3.4 Restrictive zoning and land-use regulations hindering establishment of micro-warehouses in central business districts.
  • 4.4 Industry Value Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 Porter's Five Forces Analysis
    • 4.7.1 Threat of New Entrants
    • 4.7.2 Bargaining Power of Suppliers
    • 4.7.3 Bargaining Power of Buyers
    • 4.7.4 Threat of Substitutes
    • 4.7.5 Competitive Rivalry

5. MARKET SIZE AND GROWTH FORECASTS (VALUE)

  • 5.1 By Product Category
    • 5.1.1 Grocery and Staples
    • 5.1.2 Fresh Produce and Dairy
    • 5.1.3 Snacks and Beverages
    • 5.1.4 Personal Care and OTC Pharma
    • 5.1.5 Home and Cleaning Supplies
    • 5.1.6 Electronics and Accessories
    • 5.1.7 Pet Care
    • 5.1.8 Flowers and Gifts
    • 5.1.9 Other Product Categories
  • 5.2 By Delivery Time Promise
    • 5.2.1 Less than 10 Minutes
    • 5.2.2 11-30 Minutes
    • 5.2.3 31-60 Minutes

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)
    • 6.4.1 Grab Company Limited
    • 6.4.2 Mobile World Investment Corporation (Bach Hoa Xanh Now)
    • 6.4.3 Shopee Company Limited (ShopeeFood Express)
    • 6.4.4 Lazada Group
    • 6.4.5 7-Eleven Vietnam Company Limited
    • 6.4.6 Circle K Vietnam Company Limited
    • 6.4.7 FamilyMart Vietnam Joint Venture Company Limited

7. MARKET OPPORTUNITIES AND FUTURE OUTLOOK

  • 7.1 White-space and Unmet-Need Assessment
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Vietnam Quick Commerce Market Report Scope

By Product Category
Grocery and Staples
Fresh Produce and Dairy
Snacks and Beverages
Personal Care and OTC Pharma
Home and Cleaning Supplies
Electronics and Accessories
Pet Care
Flowers and Gifts
Other Product Categories
By Delivery Time Promise
Less than 10 Minutes
11-30 Minutes
31-60 Minutes
By Product Category Grocery and Staples
Fresh Produce and Dairy
Snacks and Beverages
Personal Care and OTC Pharma
Home and Cleaning Supplies
Electronics and Accessories
Pet Care
Flowers and Gifts
Other Product Categories
By Delivery Time Promise Less than 10 Minutes
11-30 Minutes
31-60 Minutes
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Key Questions Answered in the Report

What was the Vietnam quick commerce market size in 2025 and its expected value by 2030?

The market stood at USD 0.81 billion in 2025 and is projected to reach USD 1.32 billion by 2030, advancing at a 10.16% CAGR.

Which product category currently leads in Vietnam’s quick commerce channel?

Grocery and Staples led with 51.27% revenue share in 2024, reflecting high-frequency demand for essential goods.

Which delivery-time segment is growing fastest?

The 11–30 Minutes window is forecast to post the highest growth, with a 10.58% CAGR through 2030.

How concentrated is competition among leading platforms?

ShopeeFood and GrabFood jointly command major share , giving the market a moderate concentration score of 6.

What infrastructure trend supports sub-ten-minute delivery?

Expansion of EV battery-swapping stations and dark-store networks allows couriers to maintain continuous delivery cycles and fulfill orders in under ten minutes

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