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September 23, 2022 | 06:30

Express delivery market may near $5bln by 2030

Nam Anh

According to a report from Allied Market Research, Vietnam’s express delivery market reached $710 million in 2021 and is forecast to grow to $4.88 billion by 2030. The compound annual growth rate (CAGR) is expected to be 24.1 per cent in the 2022-2030 period. The report said the fast-growing e-commerce sector, the rise in B2C delivery, and the rapid growth in international trade services are factors driving market growth.

Express delivery market may near $5bln by 2030
Photo: Illustration

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The original article is written and published on VnEconomy in Vietnamese, then translated into English by Askonomy – an AI platform developed by Vietnam Economic Times/VnEconomy – and published on En-VnEconomy. To read the full article, please use the Google Translate tool below to translate the content into your preferred language.
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