In Do Trans Logistics Corporation (Vietnam)

The subject is one of the leading integrated logistics companies in the Southeast Asia region. The subject operates a group of member companies focusing on providing transportation and logistics services such as aviation services, freight management, contract logistics, railway logistics, e-commerce logistics, last mile and express… Thanks to its regional presence spreading from Vietnam, Singapore, Thailand, Cambodia, Myanmar to Laos, the company is well-positioned to meet the needs of customers in this growing and dynamic region.According to media information, Vietnam currently ranks 64/160 countries in terms of logistics development and ranks 4th in the Southeast Asia region after Singapore, Malaysia and Thailand (from World Bank's rankings). Based on Agility's assessment, by 2022, Vietnam ranked 11th in the group of 50 global emerging logistics markets. The annual growth rate of Vietnam's logistics industry reached 14%-16%, with a scale of USD 40-42 billion per year on average. The number of logistics companies in Vietnam is also rapidly increasing. There are over 3,000 domestic transportation and logistics companies and about 25 leading forwarding corporations in the world providing services from goods transportation procedures to tax payments...Although Vietnam's logistics industry has developed and achieved positive results, limitations and challenges still exist in reality (inconsistent legal framework, limited transportation and logistics infrastructure, capital shortage, inexperienced labor forces…). Most noticeably, the consequences due to the impact of inflationary pressures and economic recession risks of major economies still have a certain impact on import & export activities and logistics companies in 2023. The intense situation in some regions of the world continues to have the potential to negatively impact global trade and investment flows, causing supply chain and container shipping route disruptions. From the crisis of lack of empty containers, there is a surplus of containers at many large ports, leading to less attractive freight rates.