Giao Hang Tiet Kiem Joint Stock Company (Vietnam)

SC was incorporated in May 2013 by Vietnamese individuals with the goal of providing shipping and freight forwarding services. After that, it was purchased by SEA Group, which is the investor of Shopee - Vietnam's largest e-commerce platform. Since that, Shopee is required to provide maximum support for Giao Hang Tiet Kiem. In 2021, the subject reduced dependence on Shopee and strengthened cooperation with stores to diversify customers. In May 2023, Apple officially opened an online store in Vietnam and the subject is Apple's exclusive partner in Vietnam to ship Apple products nationwide with delivery time of only 6 hours.Currently, the subject has more than 1,500 post offices, more than 2,500 trucks and more than 30,000 shippers, operating in an area of more than 600,000 m2 of warehouse to serve about 1,000,000 stores and more than 4,500,000 online retailers. According to Allied Market Research, Vietnam's postal delivery market will grow at a growth rate of more than 24% per year in the period 2022-2030 and is estimated to reach a revenue of about VND 114,680 billion in 2030. Continuous investment in technology, reducing delivery time and focusing on online retailers will create many competitive advantages that will help the subject develop further in the future.