Vietnam Warehousing: Aggressive expansion of foreign investors

Vietnam warehousing sector has shown significant growth and resilience amidst global economic fluctuations. Despite the global economic slowdown, Vietnam warehousing sector continues to expand. This growth is driven by increased demand for cold storage facilities, particularly from the seafood processing industry and fresh food sectors, which account for up to 70–80% of the demand for cold storage in Vietnam.

Vietnam warehousing sector has shown significant growth and resilience amidst global economic fluctuations.  

Despite the global economic slowdown, Vietnam warehousing sector continues to expand. This growth is driven by increased demand for cold storage facilities, particularly from the seafood processing industry and fresh food sectors, which account for up to 70-80% of the demand for cold storage in Vietnam. 

Key highlights to watch: 

• Key Growth Drivers: Warehousing remains the most attractive logistics segment in Vietnam driven by strong trade activities, manufacturing and retail (i.e. modern trade, food service, etc.) 

• Competitive Landscape: The modern warehouse market in the Vietnam recorded active participation of both local and foreign investors with mega facilities. Most active players incl. Mapletree, SLP, JD Property, Gemadept and Transimex. 

• End-use Segments: Logistics, industrial, and retail are the top end-use customer segments Logistics, industrial, and retail are the top end-use customer segments. 

The warehousing sector in Vietnam is poised for robust growth in the coming years. With the recovery of the global economy and rising demand for high-quality storage solutions, the sector is set to attract significant investments. Key areas of focus will include expanding cold storage capacities, enhancing technological infrastructure, and ensuring compliance with international standards. 

FiinGroup's comprehensive report provides valuable insights into these trends and the performance of individual players in the market. This detailed analysis is essential for stakeholders looking to navigate and capitalize on opportunities in Vietnam's evolving warehousing sector. 

For the full insight article, kindly access HERE.    

For publications on other key sectors in Vietnam (Warehousing, Cold Chain, Financial Services, M&A, Water Supply, Cement, Plastic Packaging, etc.), please refer to our website at https://fiinresearch.vn.   

About FiinGroup    

FiinGroup is Vietnam’s leading provider of financial data analytics platforms, business information, market research and consulting, credit ratings, and other data-driven analytics services via Platform as a Service (PaaS), annual package, and on-call services.    

FiinGroup has successfully supported various local and foreign investors conduct market assessment, commercial due diligence, merger filing support and deal/market entry advisory works to penetrate/ expand in Warehousing, Logistics, Cold Chain/ Transportation and other key sectors in Vietnam including financial services, utilities, sustainability, environmental sectors, logistics, construction, services and infrastructure, etc.    

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