Market Snapshot
| Study Period | 2020 - 2030 |
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| Market Size (2025) | USD 1.30 Billion |
| Market Size (2030) | USD 3.01 Billion |
| CAGR (2025 - 2030) | 18.29% |
| Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
Market Overview
The Vietnam Two-wheeler Taxi And Express Delivery Service Market size is estimated at USD 1.30 billion in 2025, and is expected to reach USD 3.01 billion by 2030, at a CAGR of 18.29% during the forecast period (2025-2030).
Urbanization, changing consumer preferences, and technological advancements are rapidly reshaping Vietnam's two-wheeler taxi and express delivery market. As cities grow and traffic congestion intensifies, motorcycles have solidified their status as the go-to transport mode, offering both efficiency and affordability for short trips. The express delivery sector has seen significant growth, with motorcycles playing a pivotal role in last-mile logistics. This evolution is further bolstered by digital platforms that enhance ride-hailing and delivery operations, improving accessibility and service quality for both businesses and consumers.
In Vietnam, the express peer-to-peer (P2P) two-wheeler delivery market has become a cornerstone of urban logistics, swiftly transporting documents and parcels for businesses, legal firms, and government entities. As congestion challenges traditional delivery methods, motorcycles provide the agility needed for timely transactions and efficient service. Ride-hailing platforms have ventured into logistics, harnessing their extensive driver networks to cater to the rising demand for quick, real-time deliveries. Additionally, the gig economy has spurred independent courier services, aiding small vendors and online resellers in finding cost-effective dispatch solutions.
Yet, Vietnam's two-wheeler taxi and delivery market grapples with challenges: high accident rates, escalating insurance costs, and stringent safety regulations. Traffic congestion hampers operations, and safety concerns drive consumers to seek alternatives. Companies face mounting compliance expenses, and high driver turnover jeopardizes service efficiency. If the industry doesn't address road safety, cost management, and consumer trust, it risks stagnation, even with its pivotal role in urban transport and logistics.
There's a notable shift towards sustainability in the industry, with electric two-wheelers taking center stage. Companies are pouring investments into electric fleets, aiming to cut operational costs, lessen environmental impact, and align with Vietnam's broader mobility aspirations. This transition is gaining momentum, thanks to government incentives, infrastructure advancements, and heightened consumer awareness, cementing electric two-wheelers as a vital element of Vietnam's urban transport narrative. Despite hurdles like congestion and road safety issues, the market's growth trajectory highlights the indispensable role of two-wheelers in Vietnam's economic and transportation framework.
Key Market Trends
Surging motorcycle sales are fueling market expansion.
Vietnam is quickly adopting electric motorcycles for express delivery services, driven by environmental concerns and the potential for cost savings. This transition aligns with the global push for sustainable transportation. Electric motorcycles, which emit no tailpipe emissions, play a crucial role in addressing the severe air pollution impacting many urban areas in the country.
Rising fuel prices have prompted businesses to realize that electric motorcycles not only reduce operational costs through lower energy consumption and minimal maintenance but also enhance their brand's sustainability image. As a result, logistics companies and individual couriers are increasingly turning to electric models to meet the growing demand for eco-friendly delivery options. This shift positions Vietnam as a frontrunner in innovative transportation solutions in Southeast Asia.
Vietnam Post is actively advancing its sustainability efforts by testing electric two-wheelers to improve delivery efficiency. The organization is currently assessing electric motorcycles designed specifically for urban deliveries. This initiative aligns with the Vietnamese government's commitment to promoting eco-friendly transportation.
By integrating electric vehicles into its logistics operations, Vietnam Post aims to lower carbon emissions, optimize operational costs, and accelerate delivery times in congested urban areas. These efforts reflect Vietnam Post's proactive approach to modernizing its services while supporting the nation’s sustainability goals.
The rapid expansion of the online goods delivery industry nationwide is reshaping the logistics landscape. Leading companies are increasingly adopting electric motorcycles for their delivery operations, driven by a focus on sustainability and the need for cost-effective urban transportation. As online shopping continues to grow, the demand for reliable and eco-friendly delivery solutions is expected to increase, significantly driving the market for electric motorcycles designed for goods delivery. These vehicles, capable of navigating congested city streets while minimizing environmental impact, are becoming essential in the evolving online delivery services sector.
With the above-mentioned development across the country, the demand for motorcycles is likely to grow during the forecast period.
Ride-Hailing/Online dominates the market growth
Vietnam's ride-hailing sector for express delivery services has seen significant growth in recent years. This surge is largely due to the swift expansion of online delivery services, heightened urbanization, and the pervasive use of smartphones. As consumers gravitate towards online shopping for its convenience, the demand for swift and dependable delivery services has surged.
Moreover, urbanization has resulted in a concentrated consumer base seeking efficient logistics solutions. The accessibility of mobile technology has further driven these shifts in consumer behavior, transforming Vietnam's delivery services sector and making ride-hailing a vital part of the modern economy.
Mobile wallet applications such as MoMo, ZaloPay, and GrabPay are significantly boosting online order volumes by providing users with a convenient and cashless transaction method, reducing reliance on traditional credit cards.
As mobile payment adoption grows, businesses are reporting increased online sales, particularly during promotional events and peak shopping periods. This trend not only improves the customer shopping experience but also drives retailers to enhance their online platforms to meet the rising demand.
Urban areas and communities throughout Vietnam are increasingly adopting pilot programs that feature electric bikes, alongside a suite of innovative eco-friendly initiatives. These initiatives not only champion sustainable transportation but also target reductions in carbon footprints and traffic congestion.
Consequently, there's an anticipated surge in demand for scooters and mopeds, recognized for their convenience, efficiency, and eco-friendliness in short-distance travel. With strides in battery technology and heightened public consciousness regarding environmental challenges, the allure of these two-wheeled vehicles is set to grow, positioning them as pivotal players in the future of urban mobility.
With the above-mentioned development across the country, the segment is expected to witness significant growth during the forecast period.
Competitve Landscape
In Vietnam, the two-wheeler taxi and express delivery service market is growing rapidly, driven by urbanization and the rising need for convenient transportation and delivery solutions. The market is highly competitive, with major players such as Grab, Xanh SM (GSM), and Be Group JSC leading the ride-hailing segment. These companies utilize extensive networks and user-friendly mobile applications to provide efficient two-wheeler taxi services, particularly in densely populated cities like Ho Chi Minh City and Hanoi, where traffic congestion is a significant challenge.
The express delivery segment is equally dynamic, with key players addressing the demand for fast and reliable delivery services. This demand is largely driven by the rapid growth of documents, contracts, and vital paperwork, frequently demanding same-day processing, which requires efficient logistics solutions. These companies leverage technology to streamline operations and ensure timely deliveries, making them essential in a competitive market.
Competition in the market is intense, with companies continuously innovating to enhance service efficiency and improve customer satisfaction. Investments in advanced technologies, such as route optimization and real-time tracking, have become common strategies. The widespread adoption of smartphones and digital platforms has further fueled the growth of these services, integrating them into the daily lives of urban residents.
Overall, two-wheeler taxi and express delivery services have become vital to Vietnam's urban mobility and logistics landscape. These services address challenges like traffic congestion and last-mile delivery needs. As urbanization continues, the market is expected to grow steadily, with companies focusing on innovation and customer-centric strategies to maintain their competitive edge.
Major Players
-
Xanh SM (GSM)
-
Grab Holdings Limited
-
BE Group JSC
- *Disclaimer: Major Players sorted in no particular order
Recent Development
- March 2025: Grab has teamed up with the Vietnam Tourism Development Fund (VTDF) to boost Vietnamese tourism and speed up the industry's digital transformation. As part of the deal, Grab is set to be the go-to partner for transportation, aiming to elevate tourists’ experiences in Vietnam. This partnership promises a smooth array of services, including transportation, delivery, goods procurement, and cashless payments.
- June 2024: BE Group launched a new service – beBike Plus, to meet the travel requirements of passengers with high-quality vehicles across Ho Chi Minh City. Under this service, the company provides brand new scooters and drivers with an average rating of 4.9 or higher.
Scope of the Report
A taxi service includes ride-hailing services and offline traditional taxi services. Ride-hailing service refers to an online service that, via the website and mobile applications, matches passengers with drivers of vehicles for hire. Whereas the offline traditional taxi services can be hailed by the passengers from the street and do not require any smartphone-based applications or websites to book a ride. Express delivery services are used by individuals and businesses to send packages, such as parcels, gifts, documents, etc., to the recipients. These services can be booked online and offline, and the service-providing company provides the delivery service in return for a pre-defined amount.
The Vietnam Two-Wheeler Taxi and Express Delivery Service market is segmented by vehicle type, application, and province. By vehicle type, the market is segmented into Scooters/Mopeds and Motorcycles. By application, the market is segmented into Passenger Transport/Taxi (Ride-Hailing/Online and Offline Taxi) and Goods Delivery. By province, the market is segmented into Ho Chi Minh City, Hà Noi, Quang Ninh, Binh Duong, Vung Tàu, Dong Nai, Bac Ninh, Ðà Nang, Thanh Hóa, Thái Nguyên, Vinh Phúc, Can Tho, Hung Yên, Phú Tho, Ninh Bình, Hue, and Others. For each segment, market sizing and forecast have been done on the basis of value (USD) and Volume (Number of Trips).
| Vehicle Type | Scooters/Mopeds | ||
| Motorcycles | |||
| Application | Passenger Transport/Taxi | Ride-Hailing/Online | |
| Offline Taxi | |||
| Goods Delivery | |||
| Province | Ho Chi Minh City | ||
| Hà Noi | |||
| Quang Ninh | |||
| Binh Duong | |||
| Vung Tàu | |||
| Dong Nai | |||
| Bac Ninh | |||
| Ðà Nang | |||
| Thanh Hóa | |||
| Thái Nguyên | |||
| Vinh Phúc | |||
| Can Tho | |||
| Hung Yên | |||
| Phú Tho | |||
| Ninh Bình | |||
| Hue | |||
| Others | |||
| Scooters/Mopeds |
| Motorcycles |
| Passenger Transport/Taxi | Ride-Hailing/Online |
| Offline Taxi | |
| Goods Delivery |
| Ho Chi Minh City |
| Hà Noi |
| Quang Ninh |
| Binh Duong |
| Vung Tàu |
| Dong Nai |
| Bac Ninh |
| Ðà Nang |
| Thanh Hóa |
| Thái Nguyên |
| Vinh Phúc |
| Can Tho |
| Hung Yên |
| Phú Tho |
| Ninh Bình |
| Hue |
| Others |
Vietnam Two-wheeler Taxi And Express Delivery Service Market Market Research Faqs
How big is the Vietnam Two-wheeler Taxi And Express Delivery Service Market?
The Vietnam Two-wheeler Taxi And Express Delivery Service Market size is expected to reach USD 1.30 billion in 2025 and grow at a CAGR of 18.29% to reach USD 3.01 billion by 2030.
What is the current Vietnam Two-wheeler Taxi And Express Delivery Service Market size?
In 2025, the Vietnam Two-wheeler Taxi And Express Delivery Service Market size is expected to reach USD 1.30 billion.
Who are the key players in Vietnam Two-wheeler Taxi And Express Delivery Service Market?
Xanh SM (GSM), Grab Holdings Limited and BE Group JSC are the major companies operating in the Vietnam Two-wheeler Taxi And Express Delivery Service Market.
What years does this Vietnam Two-wheeler Taxi And Express Delivery Service Market cover, and what was the market size in 2024?
In 2024, the Vietnam Two-wheeler Taxi And Express Delivery Service Market size was estimated at USD 1.06 billion. The report covers the Vietnam Two-wheeler Taxi And Express Delivery Service Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Vietnam Two-wheeler Taxi And Express Delivery Service Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
Vietnam Two-wheeler Taxi And Express Delivery Service Market Industry Report
Statistics for the 2025 Vietnam Two-wheeler Taxi And Express Delivery Service market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Vietnam Two-wheeler Taxi And Express Delivery Service analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
