Container ship Margrethe Maersk docks at Cap Mep International Terminal in southern Ba Ria-Vung Tau province (Photo: VNA) Hanoi (VNA) – The listsof the most reputable players in Vietnam’s logistics sector this year werereleased by the Vietnam Report JSC on November 24.
The lists cover several sub-sectors, such as internationalforwarding, warehouse services, and third- and fourth-party logistics; freighttransport; port operations; and rapid delivery and last-mile delivery.
The top 10 businesses in internationalforwarding, warehouse services, and third- and fourth-party logistics are theGemadept JSC, the Indo Tran Logistics Corporation, the DHL Global Forwarding(Vietnam) Corporation, the Transimex JSC, the Expeditors Vietnam Co. Ltd, theSchenker Vietnam Co. Ltd, the Kuehne Nagel Co. Ltd, the Bee Logistics JSC, theSouth Logistics JSC, and the Vinafreight JSC.
The rankings were compiled based on companies’financial capacity, as reflected in their financial reports; media reputation,as assessed by media coding methods that encode articles about companies oninfluential media channels; and interviews with relevant parties conducted inOctober and November.
Vietnam Report General Director Vu Dang Vinhsaid that after decades of globalisation, the world is now more inter-connectedthan ever, opening up huge opportunities for global trade and promoting thedevelopment of supply chains.
However, he also noted that greater connectivityposes problems in supply chains in general and the logistics sector, thebackbone of supply chains, in particular, when sudden shocks like COVID-19 strike.
The Vietnam Logistics Business Associationreported that, in March, 15 percent of logistics companies posted ayear-on-year revenue decline of 50 percent, and over half of all companiesexperienced a decline of 10-30 percent in the number of domestic andinternational logistics services provided compared to the same period lastyear.
The containment of COVID-19 helped Vietnamesebusinesses, including logistics companies, resume activities fairly quickly. AVietnam Report survey shows that the operational capacity of 87 percent ofinterviewed companies in October and November was equivalent to 60 percent ofpre-pandemic levels./.
VNA
