With consumers switching heavily to online purchases, the express delivery service market is expected to see many positive developments. However, fierce competition and high fuel costs have significantly affected the profit margins of delivery businesses.
The HCM City transport industry has sought Government support to help recover from the double whammy of the COVID-19 pandemic and skyrocketing fuel prices.
Transport rates have not fallen along with fuel costs, so vendors
cannot lower prices for products and services as Tet approaches,
according to Thu Duc Market deputy director Nguyen Thanh Ha.
