Vietnam Third-party Logistics Market Size & Share Analysis - Growth Trends and Forecast (2027 - 2032)

The Vietnam Third-Party Logistics (3PL) Market is Segmented by Service (Domestic, International Transportation, and More), by End-Use Application (Automotive, Energy and Utilities, Manufacturing, Life Sciences and Healthcare, Technology and Electronics, and More), by Logistics Model (Asset-Light, Asset-Heavy, Hybrid), and by Region (Northern, Central, Southern Vietnam). The Market Forecasts are Provided in Terms of Value (USD).

Vietnam Third-party Logistics Market Size and Share

Vietnam Third-party Logistics Market Size
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Vietnam Third-party Logistics Market Analysis by Mordor Intelligence

The Vietnam third-party logistics market was valued at USD 4.74 billion in 2026 and is estimated to reach USD 5.11 billion in 2027 and USD 7.37 billion by 2032, registering a CAGR of 7.59% during 2027–2032.  

Manufacturing investment, international trade, and the expansion of e-commerce are supporting demand for outsourced transportation, warehousing, freight forwarding, and distribution services. Logistics providers are increasingly combining these services to manage shipments across factories, distribution centers, border crossings, and seaports. As supply chains become more complex, service reliability, shipment visibility, and the ability to coordinate multiple transport modes are becoming important competitive factors. These conditions are supporting demand for integrated logistics services alongside conventional freight transportation.

Key Report Takeaways

  • By service, domestic transportation management accounted for 62.45% of the Vietnam third-party logistics market share in 2026, while value-added warehousing and distribution is projected to register a CAGR of 9.26% during 2027–2032.
  • By end-use application, manufacturing accounted for 36.87% of the Vietnam third-party logistics market size in 2026, while retail and e-commerce are projected to register a CAGR of 8.98% during 2027–2032.
  • By logistics model, asset-light accounted for 46.23% of the Vietnam third-party logistics market share in 2026, while hybrid is projected to register a CAGR of 9.13% during 2027–2032.
  • By geography, Southern Vietnam accounted for 46.13% of the Vietnam third-party logistics market size in 2026, while Northern Vietnam is projected to register a CAGR of 8.34% during 2027–2032.

Note: Market numbers in this report are based on Mordor Intelligence's proprietary estimation framework, which combines nine months of actuals with Q4 projections for base year 2026.

Segment Analysis

By Service: Domestic Transportation Management Leads While Value-Added Warehousing Expands

Domestic transportation management accounted for 62.45% of the Vietnam third-party logistics market share in 2026. Its leading position reflects the importance of moving goods between manufacturing facilities, suppliers, warehouses, distribution centers, and ports. Road transportation remains important for domestic freight movements, while international freight forwarding and customs coordination support cross-border supply chains. Businesses increasingly seek providers that can coordinate transport with inventory handling and distribution, particularly when goods pass through several facilities before reaching customers.

The value-added warehousing and distribution segment is projected to register at a CAGR of 9.26% during 2027–2032. Manufacturers and retailers require more than storage alone, creating opportunities for order picking, packing, labeling, inventory management, and distribution coordination. In September 2025, Kuehne+Nagel and the LEGO Group opened a regional distribution center in Dong Nai to support distribution across Asia-Pacific. The facility provides an example of how warehousing can be integrated with customs clearance, sea freight, and regional distribution services. 

Vietnam Third-party Logistics Market Share by Service, 2026
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Vietnam Third-party Logistics Market Share by Service, 2026

By End-Use Application: Manufacturing Leads While Retail and E-commerce Accelerate

Manufacturing accounted for 36.87% of the Vietnam third-party logistics market size in 2026. The country's industrial base creates demand for inbound raw-material movements, production-related logistics, inventory storage, and finished-goods distribution. Industrial clusters in Southern and Northern Vietnam connect manufacturers with suppliers, domestic customers, and export gateways. Multinational manufacturers can use 3PL providers to coordinate logistics across multiple facilities and international trade lanes, while domestic producers can outsource transportation and warehousing to reduce operational complexity.

Retail and e-commerce are projected to register a CAGR of 8.98% during 2027–2032. Online retail growth supports demand for fulfillment facilities, inventory visibility, order processing, and last-mile distribution. Retailers and marketplace sellers require flexible logistics arrangements to accommodate changing order volumes and delivery expectations. In addition, healthcare, food and beverages, consumer goods, and automotive supply chains create demand for specialized handling and distribution services.

Vietnam Third-party Logistics Market Share by End User, 2026
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By Logistics Model: Asset-Light Leads While Hybrid Gains Ground

The asset-light model accounted for 46.23% of the Vietnam third-party logistics market share in 2026. Under this model, providers coordinate transportation and logistics services while relying substantially on subcontracted carriers, leased facilities, or third-party capacity. This approach can reduce upfront capital requirements and allow operators to expand their service coverage without owning every vehicle or warehouse. It is particularly relevant to logistics providers managing shipments across multiple regions or transport modes.

The hybrid model is projected to register a CAGR of 9.13% during 2027–2032. Hybrid operations combine owned or controlled assets with external capacity, allowing providers to retain control over critical activities while using subcontractors to manage fluctuations in demand. For example, an operator may maintain its own distribution facilities or core vehicle fleet while outsourcing selected long-haul movements. In January 2026, ITL Logistics received 40 Isuzu Euro 5 trucks to expand and modernize its domestic transportation fleet.

Geography Analysis

Southern Vietnam accounted for 46.13% of the Vietnam third-party logistics market in 2026. The region benefits from Ho Chi Minh City's commercial base, manufacturing activity in surrounding provinces, and access to the Cai Mep–Thi Vai port cluster. Industrial and consumer demand supports domestic transportation, warehousing, distribution, and international freight forwarding. The region's established logistics network also makes it an important location for companies seeking to integrate manufacturing operations with export and domestic distribution channels.

Investment in Southern Vietnam's port and logistics infrastructure is supporting additional capacity. In April 2026, Gemadept Corporation and CMA CGM held the groundbreaking ceremony for Phase 2 of Gemalink Deep-Sea Port at Cai Mep–Thi Vai. The project is expected to increase the port's total capacity to more than 3 million TEU annually when completed, with operations planned for the fourth quarter of 2027. This development is expected to strengthen port capacity and support future cargo flows. 

Northern Vietnam is projected to register a CAGR of 8.34% during 2027–2032. Electronics manufacturing, industrial investment, and connections between Hanoi, Hai Phong, and northern industrial provinces support demand for outsourced logistics. In July 2026, DHL Supply Chain broke ground on its North Logistics Campus in Hung Yen[4]. The project covers more than 82,500 m², with the first phase planned to provide approximately 41,180 m² of warehouse space and completion expected in the first half of 2027. In May 2026, Saigon Newport Corporation inaugurated the Tan Cang–Lach Huyen Logistics Center in Hai Phong, adding an integrated logistics facility to the northern port network. 

Competitive Landscape

The Vietnam third-party logistics market is fragmented and includes international logistics groups, domestic transport and logistics providers, and port-linked operators. International participants include DHL Supply Chain, Kuehne+Nagel, DSV, CEVA Logistics, and Nippon Express Holdings. Domestic and regional companies include ITL Corporation, Gemadept Corporation, Saigon Newport Corporation, Viettel Post, and Vietnam Post Logistics. These providers compete across transportation, warehousing, freight forwarding, contract logistics, and distribution. Their competitive positions depend on network coverage, customer relationships, operational capabilities, and the ability to coordinate domestic services with international supply chains. 

Strategic partnerships and service integration are important competitive factors. In March 2026, Gemadept Corporation and CJ Logistics agreed to optimize their logistics and shipping operations, with the restructuring separating their principal operational focus areas. In September 2025, Kuehne+Nagel and the LEGO Group opened their Dong Nai regional distribution center, integrating warehousing and regional distribution with transportation and customs services. In July 2026, Vietnam Post Logistics and DSV Contract Logistics Vietnam renewed their cooperation agreement for business-to-business supply-chain services. These developments illustrate different approaches to expanding service capabilities and strengthening customer relationships. 

Investment in specialized facilities, transportation capacity, and integrated logistics networks is another area of competition. In March 2025, LOTTE Global Logistics held a groundbreaking ceremony for its Dong Nai cold-chain center in Nhon Trach Industrial Park. In January 2026, ITL Logistics received 40 Isuzu Euro 5 trucks, while CEVA Logistics announced a new Hanoi–Chicago air cargo charter in June 2026. These investments and service expansions address different logistics requirements, including temperature-controlled storage, domestic distribution, and international air cargo. 

Vietnam Third-party Logistics Industry Leaders

  1. Indo Trans Logistics Corporation (ITL)

  2. Gemadept Corporation

  3. DHL Supply Chain

  4. DSV

  5. Kuehne+Nagel

  6. *Disclaimer: Major Players sorted in no particular order
Vietnam Third-party Logistics Market Concentration
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Recent Industry Developments

  • July 2026: Vietnam Post Logistics and DSV Contract Logistics Vietnam renewed their cooperation agreement for business-to-business supply-chain services.
  • July 2026: DHL Supply Chain broke ground on its North Logistics Campus in Hung Yen. The project covers more than 82,500 m², with Phase 1 expected to provide approximately 41,180 m² of warehouse space in the first half of 2027.
  • June 2026: CEVA Logistics announced a new Hanoi–Chicago air cargo charter operating 3 times per week to support freight movements between Vietnam and the United States.
  • May 2026: Saigon Newport Corporation inaugurated the Tan Cang–Lach Huyen Logistics Center in Hai Phong. The center strengthens the company's integrated logistics network around the northern deep-water port cluster.

Table of Contents for Vietnam Third-party Logistics Industry Report

1. INTRODUCTION

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

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

  • 3.1 Market Size, Growth, and Forecast Outlook
  • 3.2 Key Demand Drivers and 3PL Market Trends
  • 3.3 Major Logistics Corridors and Demand Concentration
  • 3.4 Competitive Landscape and Leading 3PL Providers

4. MARKET LANDSCAPE

  • 4.1 Market Overview and Importance of Third-Party Logistics
  • 4.2 Market Drivers
    • 4.2.1 Export Manufacturing Growth Increasing Integrated Logistics Demand
    • 4.2.2 E-Commerce Expansion Accelerating Fulfillment and Delivery Outsourcing
    • 4.2.3 Digital Customs Improving Cross-Border Logistics Integration Efficiency
    • 4.2.4 Enterprise Outsourcing Expanding Warehousing and Transport Demand
    • 4.2.5 Cold-Chain Requirements Increasing Specialized Logistics Service Adoption
    • 4.2.6 Energy Projects Driving Complex Project Logistics Requirements
  • 4.3 Market Restraints
    • 4.3.1 Fragmented Transport Networks Reducing Service Consistency and Scale
    • 4.3.2 Skilled Labor Shortages Constraining Logistics Technology Adoption
    • 4.3.3 Inland Bottlenecks Disrupting Multimodal Logistics Network Efficiency
    • 4.3.4 Compliance Costs Pressuring Smaller Logistics Service Providers
  • 4.4 Value Chain Structure and 3PL Service Flow Analysis
  • 4.5 Regulatory Framework and Logistics Compliance Requirements Analysis
  • 4.6 Technology Adoption and Logistics Digitalization Trend Analysis
  • 4.7 Warehousing Capacity and Distribution Network Development Analysis
  • 4.8 Regional Logistics Infrastructure and Connectivity Development Analysis
  • 4.9 Freight Rate Trends and Transportation Cost Analysis
  • 4.10 Porter's Five Forces Analysis
    • 4.10.1 Threat of New Entrants
    • 4.10.2 Bargaining Power of Buyers
    • 4.10.3 Bargaining Power of Suppliers
    • 4.10.4 Threat of Substitute Services
    • 4.10.5 Intensity of Competitive Rivalry
  • 4.11 Impact of Geo-Political Events on Supply Chain Shifts

5. MARKET SIZE AND GROWTH FORECASTS

  • 5.1 By Service
    • 5.1.1 Domestic Transportation Management (DTM)
    • 5.1.1.1 Roadways
    • 5.1.1.2 Railways
    • 5.1.1.3 Airways
    • 5.1.1.4 Waterways
    • 5.1.2 International Transportation Management (ITM)
    • 5.1.2.1 Roadways
    • 5.1.2.2 Railways
    • 5.1.2.3 Airways
    • 5.1.2.4 Waterways
    • 5.1.3 Value-Added Warehousing and Distribution (VAWD)
  • 5.2 By End-Use Application
    • 5.2.1 Automotive
    • 5.2.2 Energy and Utilities
    • 5.2.3 Manufacturing
    • 5.2.4 Life Sciences and Healthcare
    • 5.2.5 Technology and Electronics
    • 5.2.6 Retail and E-commerce
    • 5.2.7 Consumer Goods and FMCG
    • 5.2.8 Food and Beverages
    • 5.2.9 Others
  • 5.3 By Logistics Model
    • 5.3.1 Asset-Light
    • 5.3.2 Asset-Heavy
    • 5.3.3 Hybrid
  • 5.4 By Region
    • 5.4.1 Northern Vietnam
    • 5.4.2 Central Vietnam
    • 5.4.3 Southern Vietnam

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, Geographic Coverage, Products and Services, Recent Developments)
    • 6.4.1 DHL Supply Chain
    • 6.4.2 Gemadept Corporation
    • 6.4.3 Indo Trans Logistics Corporation (ITL)
    • 6.4.4 Transimex Corporation
    • 6.4.5 DSV
    • 6.4.6 Kuehne+Nagel
    • 6.4.7 CEVA Logistics
    • 6.4.8 Nippon Express Holdings
    • 6.4.9 Maersk
    • 6.4.10 Kerry Logistics
    • 6.4.11 CJ Logistics
    • 6.4.12 Viettel Post
    • 6.4.13 Vietnam Post Logistics
    • 6.4.14 Vinafco Corporation
    • 6.4.15 Bee Logistics Corporation
    • 6.4.16 Saigon Newport Corporation
    • 6.4.17 Yusen Logistics
    • 6.4.18 FedEx
    • 6.4.19 UPS
    • 6.4.20 Expeditors International
    • 6.4.21 FM Logistic Vietnam
    • 6.4.22 Rhenus Logistics Vietnam

7. MARKET OPPORTUNITIES AND FUTURE OUTLOOK

  • 7.1 White-Space Opportunities and Unmet 3PL Service Needs
  • 7.2 High-Potential End-User Segments and Growth Opportunities
  • 7.3 Strategic Growth Priorities Across 3PL Ecosystem
  • 7.4 Future Market Outlook and Emerging Demand Pockets

8. APPENDIX

Vietnam Third-party Logistics Market Report Scope

By Service
Vietnam Third-party Logistics Market segmentation breakdown
Domestic Transportation Management (DTM) Roadways
Railways
Airways
Waterways
International Transportation Management (ITM) Roadways
Railways
Airways
Waterways
Value-Added Warehousing and Distribution (VAWD)
By End-Use Application
Vietnam Third-party Logistics Market segmentation breakdown
Automotive
Energy and Utilities
Manufacturing
Life Sciences and Healthcare
Technology and Electronics
Retail and E-commerce
Consumer Goods and FMCG
Food and Beverages
Others
By Logistics Model
Vietnam Third-party Logistics Market segmentation breakdown
Asset-Light
Asset-Heavy
Hybrid
By Region
Vietnam Third-party Logistics Market segmentation breakdown
Northern Vietnam
Central Vietnam
Southern Vietnam
Vietnam Third-party Logistics Market segmentation breakdown
By Service Domestic Transportation Management (DTM) Roadways
Railways
Airways
Waterways
International Transportation Management (ITM) Roadways
Railways
Airways
Waterways
Value-Added Warehousing and Distribution (VAWD)
By End-Use Application Automotive
Energy and Utilities
Manufacturing
Life Sciences and Healthcare
Technology and Electronics
Retail and E-commerce
Consumer Goods and FMCG
Food and Beverages
Others
By Logistics Model Asset-Light
Asset-Heavy
Hybrid
By Region Northern Vietnam
Central Vietnam
Southern Vietnam

Key Questions Answered in the Report

What is the projected value of the Vietnam third-party logistics market by 2032?

The Vietnam third-party logistics market is projected to reach USD 7.37 billion by 2032, increasing from USD 5.11 billion in 2027 at a CAGR of 7.59% during 2027–2032.

Which service has the largest share of Vietnam's 3PL market?

Domestic transportation management held 62.45% of the market in 2026, reflecting the importance of domestic freight movements between industrial facilities, warehouses, distribution centers, and ports.

Which 3PL service is projected to grow fastest in Vietnam?

Value-added warehousing and distribution is projected to register a CAGR of 9.26% during 2027–2032, supported by demand for integrated warehousing, inventory management, order processing, and distribution services.

How is e-commerce influencing logistics demand in Vietnam?

E-commerce is increasing demand for outsourced fulfillment, inventory management, order processing, parcel distribution, and returns handling. Online retailers and marketplace sellers require logistics networks that can accommodate changing order volumes and delivery requirements.

Which region leads Vietnam's third-party logistics market?

Southern Vietnam held 46.13% of the market in 2026, supported by Ho Chi Minh City's commercial activity, manufacturing centers in surrounding provinces, and access to the Cai Mep–Thi Vai port cluster.

What are the main constraints affecting Vietnam's 3PL market?

Fragmented transport networks, uneven infrastructure connectivity, shortages of suitably trained logistics personnel, and the cost of adopting technology can constrain service consistency and operational efficiency.

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