5% of Logistics companies have been decreasing their revenue so far in the pandemic
Despite many efforts of every company, the revenue is still on the way of declined rapidly in the current situation. According to the data of VCCI. The amount of cargo is less than the first two months in 2019. As more specific, cargo carriage reached 297.3 million tons of transported goods, up 6.1% over the same period last year (the same period in 2019 increased by 8.7%) and rotation of 56.6 billion tons/km, up 4.3% (an increase of 6.4% in the same period in 2019). This is the consequence of Covid-19 affected so far, for example, China has been suffered from this deadly illness that is one of the main markets of Vietnam.
On the other hand, Vietnam Logistics Association ( VLA) has done the study based on Vietnam logistics companies. As a result, There is under predictable of experts that about 15% of businesses estimate revenue to decrease by 50% compared to 2019. Not at all, more than 50% of the number of logistics services ( domestic and international) decreased significantly from 10% to 30%, by comparison of 2019.
However, in order to duel with this situation, Voltrans has been figuring out the majority of strategies to keep up our business no matter what. The more important thing that China’s market is on the way covering, due to the fact that Covid-19 is under control, so it would be a significant sign for us to improve the current situation. So far, if the pandemic passes Voltrans would be stronger and sustainable! Who knows?