Vtruck “Getting used to an intelligent mean of transport”

(Vietnam Logistics Review) Transport service is an important chain in logistics supply chains. Its role is getting important in the social-economic development. And it is getting more and more crucial to business activities to find optimizing solutions for means of transport in the situation of economic integration. VLR had a talk with Mr. Nguyen Van Hung- Director of Vtruck Vietnam (www.vietnamtrucking.vn) on the matter.

Mr. Nguyen Van Hung, Director of the online transport transaction floor

One-way empty drive is taking up a large portion in logistics costs, making negative impact to costs of Vietnam import- export goods. Can you have some explanation of the matter?

The percentage of empty home drive is as high as 60- 70%, even 100% in short- distance routes of under 150km. And the fee impacts shippers. Truck owners normally apply the fee of 60- 70% and they add it into the total cost. It means shippers are also charged with the cost for empty home drive.

U& I Logistics has opened a new service called Vtruck. Can you talk about in details?

Vtruck was founded in May 2014. It was a development plan by U&I Logistics as a premise for the combination between ecommerce and traditional logistics.

Vtruck applies online activities in form of e-commerce, a place where shippers and truck owners meet, have discussions and carry out their business.

The difference from traditional transport is Vtrack removes geographical distance, connects shippers and truck owners nationwide. They need only an internet-connecting device to meet one another and discuss their business with no fee for the system.

What are utilities and conveniences that Vtruck offers to enterprises?

They have a few simple steps for registration and information release.

One-way empty drive is taking up a large portion in logistics costs, making negative impact to costs of Vietnam import- export goods. Can you have some explanation of the matter? The percentage of empty home drive is as high as 60- 70%, even 100% in short- distance routes of under 150km. And the fee impacts shippers. Truck owners normally apply the fee of 60- 70% and they add it into the total cost. It means shippers are also charged with the cost for empty home drive.

Vtruck provides online transport management solutions which help them with more effective management of their fleets, help them promote their brands, and help them introduce their means of transport, services and prices to those who need their services.

Vtruck also helps shippers find transport units with price and quality as they required.

All informations are public, suitable partners can be chosen, and business can be carried out after discussions.

Vtruck is oriented to provide maximum support to enterprises in logistics transport chains. Users can directly contact one another by the website or smartphones, which help to reduce waiting time and to enhance exploiting efficiency. The application is customer-friendly that allows those with little IT knowledge to use it easily.

What are difficulties when bringing the service into operation?

First, transport transaction floor is a new form.

Second, most of current transactions between shippers and truck owner have been in traditional form which is normally meeting in person or on the phone with particular benefits.

Third, there have been transport units that have paid little attention to online supporting devices...

What are the results after Vtruck’s two year of operation in the general progress of development of the sector?

It is obvious that the number of shippers and truck owners joining Vtruck has been on the increase. There have been more successful transaction orders and the fee are more transparent.

Vtruck has been improving both products and infrastructure to help users have easy access and carry out transactions in the most convenient, the most stable and fastest manner.

Vtruck’s current target is to help customers to get used to intelligent transport modal by building modern and highly compatible technical infrastructures and technology serving connection needs between shippers and truck owners, helping cut logistics costs and improving exploitation efficiency.

This is a free supporting applications for the transport sector. We have not thought of making money or calling for capital as similar transaction floors in the sector.

Thank you.