Vietnam’s logistics market is assessed to be full of potential with strong growth in import and export turnover after the pandemic. Promoting rent warehouse logistic service Vietnam must develop strongly to keep pace with the development of the domestic economy and increase competitiveness in the international market. So, how much does it cost to rent a warehouse, provide logistics and logistics services? Find out with Savills Vietnam!
Warehouse and logistics market in Vietnam 2022
Since the pandemic, Vietnam’s logistics activities have undergone new changes, marking remarkable progress and huge import and export turnover.
In the first 9 months of 2022, the total turnover reached 557.93 billion USD. In which, export activities reached $282.35 billion, up 17.2%, and imports reached $275.58 billion, up 12.9% over the same period last year.
With more than 5,000 enterprises participating in the logistics market, it has created many opportunities for Vietnam to upgrade its infrastructure and service systems to meet the higher demands of the market.
In particular, the boom of e-commerce platforms like Lazada, Shopee, and Tiki has become a profitable investment opportunity for logistics enterprises to create a supply chain with a modern warehousing system. The price of warehouse logistic service Vietnam are the most competitive in the market.
The Vietnamese logistics market is a fertile “piece of cake” for investors
The compound annual growth rate of Vietnam’s logistics market in the period of 2022-2027 is forecast to reach 5.5%; after 9 months of economic recovery, GDP reached 8.83%. At the Forum “Logistics Vietnam: Transforming Development”, VLA and SLP Vietnam ranked the Vietnamese logistics market 11th among the 50 emerging global logistics markets. policies and new steps to restore the domestic economy.
At the same time, the development of e-Logistics has created a basis to promote Vietnam’s logistics industry to improve service quality, improve processes, and achieve higher efficiency. With strong potential in the coming years, the government and enterprises need to coordinate to realize the potential with specific development policies.
The rise of transport and logistics trends has helped Vietnamese economies become potential markets in the region. However, Vietnam’s warehousing and logistics market still faces many challenges in the application of science and technology, digital transformation, logistics, innovation, etc.
Detailed price list of warehouse and logistics rental costs in 2022
The strong development speed and potential of the logistics market will help rental warehouse logistic service Vietnam grow strongly in 2022. Leading to fierce price competition among leasing units.
Specifically, VASEP said that in 2022, the container shipping fees of many shipping lines will be adjusted to increase by 20% compared to the previous year.
So you know, what kind of logistics costs do you have to pay?
– Transportation costs are usually to ⅔ of transportation costs.
– The opportunity cost of capital is the minimum profit of a business when capital is not invested in inventory but in other activities.
– Cost of goods preservation, including warehouse costs, preservation of goods, transportation of goods in and out of the warehouse, and insurance of goods.
Therefore, when choosing a logistics service rental company in Vietnam, for a detailed reference of leasing cost warehouse logistic service Vietnam. From there, businesses will rebalance the budget to choose the right service.
Logistic costs are a big challenge for many businesses
Read more: Warehouse or factory for lease in Vietnam, a promising market for investors
Savills Vietnam-Specializes in providing warehouse leasing solutions for logistics services in Vietnam, diversified, dedicated, convenient location
With the development of e-commerce and import-export activities restored after the pandemic, leasing warehouse logistic service Vietnam has been promoted strongly. Therefore, choosing a reputable warehouse, factory, or logistics rental unit is something that businesses need to consider carefully.
Currently, Savills Vietnam is a group specializing in providing solutions for lease warehouse logistics services in Vietnam. Making a strong mark with successful trillion-dollar deals in the market: introducing JV to a platform worth more than 141 million USD, Vietnam’s largest Industrial Real Estate Sale-Lease transaction, more than 36,000 GFA,…
Savills Vietnam, a reputable unit specializing in providing leading logistics services in Vietnam
Savills Vietnam, with a team of experts and a huge global data warehouse, can easily analyze and offer the right solutions for you with the most reasonable rental cost warehouse logistic service Vietnam for businesses. Not only that, the warehouse system spread throughout the provinces and cities across the country, such as Hanoi, Hai Phong, Bac Ninh, Da Nang, Binh Duong, Dong Nai, Ho Chi Minh City,… are all economic centers of goods. First, convenient transportation of goods supplied to the market.
SHP-F31 factory for rent in Hai An, Hai Phong
+ The whole area: 140,900m2
+ Vacant area: 96,000m2
+ Price: contact Savills
SHP-F31 factory for rent in Hai An, Hai Phong
Ready-built workshop in Hai Phong
+ The whole area: 106,000m2
+ Vacant area: 59,778m2
+ Lease term: minimum 3 years
+ Workshop area: 2,000 – 3,600m2
+ Price: contact Savills
Ready-built factory for rent in Hai Phong
Factory for rent in Nhon Trach, Dong Nai
+ The whole area: 32,811m2
+ Vacant area: 20,740m2
+ Lease term: minimum 3 years
+ Load capacity: 3 tons/m2
+ Ceiling height: 7m
+ Price: contact Savills
Factory for rent in Nhon Trach, Dong Nai
Factory for rent in Cam Giang, Hai Duong
+ The whole area: 82,000m2
+ Vacant area: 5,000m2
+ Lease term: minimum 3 years
+ Load capacity: 2 tons/m2
+ Ceiling height: 7.5m
+ Price: contact Savills
Factory for rent in Cam Giang, Hai Duong
Read more: The factory market for sale in Vietnam is a bright spot for industrial real estate in 2022
Conclusion
Logistics is a key industry that plays an important role in establishing and consolidating the strength of the market supply chain. Therefore, focusing on developing logistics, warehousing, and transportation services will be a trend that businesses need to pay attention to and seize reasonable investment opportunities.
If you are in need of rent warehouse logistic service Vietnam, please contact Mr. John Campbell immediately via hotline: 0986.718.337 or a team of senior experts from Savills Industrial Vietnam. We will provide leasing solutions with package logistics services and clear and detailed procedures.
For more information on other industrial real estate projects by Savills Industrial, please see more here.
