Cold Chain Logistics in Vietnam: Opportunities and Challenges

The market for cold chain logistics in Vietnam, with its available potential, can grow strongly in 2023. However, in order to make a breakthrough compared to other countries in the region, it is necessary to overcome existing challenges. Businesses need to have a reasonable investment direction to generate high profits.

The current state of cold chain logistics in Vietnam

In recent years, cold chain logistics has made strong developments. Derived from a sharp increase in export volume of agricultural and aquatic products; a consumption trend of imported products, organic food, and F&B franchised stores; demand for distribution of pharmaceuticals, vaccines, and biological products to meet the medical examination and treatment needs of the people.

To meet the demand for goods preservation, Vietnam’s cold chain market has been greatly invested. Cold storage is most developed in the southern region due to the concentration of most seafood export and import enterprises. Typically, places such as Long An, provinces in the Mekong Delta,…

The cold chain logistics market in Vietnam has great potential but faces many difficulties

Therefore, cold storage has a much higher rental price than conventional warehouses currently. Even as high as 100%, depends on equipment and facilities to ensure product freshness. Cold storage rental price ranges from 45-90 USD/m2. For pharmaceutical storage, about 45-160 USD/m2.

However, looking at reality, the cold chain logistics market still faces many challenges that the government and businesses have to solve, such as lack of infrastructure and technology, unspecialized human resources, The cost of implementing a system is high, and regulations and policies are still limited.

The potential of cold chain logistics services in Vietnam

Although still facing many challenges, the cold chain logistics in Vietnam are still considered to have strong development potential in the coming years.

Vietnam’s location in the middle of Southeast Asia makes it a good place to ship refrigerated goods to other countries in the area. Large seaports and airports such as Hai Phong Port, Cat Lai Port, Tan Son Nhat Airport, and Noi Bai Airport will help cold chain logistics activities be implemented effectively.

With the development of the economy, the demand for cold goods in the fields of food, medicine, cosmetics, seafood, etc. is increasing day by day. By the end of December 2022, seafood exports would have reached 11 billion USD, up 23% compared to last year. This requires the support of cold-chain services to ensure the quality and safety of goods.

The attention of the Government and businesses has created favorable conditions for this field to thrive

The government has introduced many policies to support and encourage investment in this field, such as reducing taxes, supporting investment capital, and creating favorable conditions for businesses. These policies will help attract investment from domestic and foreign enterprises, contributing to the development of this industry.

The e-commerce market is thriving, creating more demand for refrigerated freight from distribution centers to customers. Therefore, logistics services must also apply high technology to meet the needs and time of transportation at home and abroad.

With strong potential, cold chain logistics services are expected to develop further in 2023. Create conditions to promote the cold chain market in Vietnam so that it becomes bustling with FDI inflows in this field.

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Savills Vietnam – Specializes in providing leading cold chain logistics services chosen by food manufacturers

Savills Vietnam is one of the leading companies in the field of providing real estate services, with a proven track record of delivering high-quality solutions for clients seeking industrial real estate projects, particularly those related to cold chain logistics.

Food manufacturers choose Savills Vietnam as a partner because the company has high-quality management standards and modern equipment and technology to ensure product safety and quality. Such as Masan Group, Vinamilk, Unilever,…

Savills Vietnam’s team of experts is professionally trained and ready to meet the needs of businesses

Whether it is leasing, buying, or selling industrial real estate, Savills Vietnam has the expertise and resources to help clients achieve their business goals. This team consists of experts in logistics, transportation, logistics, engineering, and related fields to meet customer requirements.

Ambient Warehouse and Cold Storage – Premium Logistics Center in Hung Yen

–  Total area: 21,700 m²

–  Vacant area: 13,782 m²

–  Ambient storage area: 12,000 pallets ~ 8,000 tons of good

–  Cold storage area: 14,000 pallets ~ 10,000 tons of good

–  Established – Lease term: 2021 – 2058

–  Price: Contact Savills

Good quality ambient warehouse and cold storage in My Hao, Hung Yen

Warehouse for Rent in Tu Son, Bac Ninh

–  Total area: 278,000 m²

–  Vacant area: 54,000 m²

–  Minimum Lease term: 03 years

–  Unit size: 2400 – 5000 sqm

–  Price: Contact Savills

High-quality warehouse for rent in Tu Son, Bac Ninh

Ready-built Warehouse for Lease in Chuong My, Ha Noi

–  Total area: 23,000 m²

–  Vacant area: 14,000 m²

–  Min lease term: 3 years

–  Clear height: 9 m

–  Platform height: 1.3 m

–  Floor loading: 3 tons / m²

–  Price: Contact Savills

High-quality Ready-built warehouse for Lease in Ha Noi

Warehouse for lease in Long Thanh, Dong Nai

–  Total area: 132000 m²

–  Vacant area: 60,000 m²

–  Minimum lease term: 05 years

–  Deposit: 06 Months rent

–  Price: $4/m²

Warehouse for lease in Loc An Binh Son Industrial Park

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