Vietranstimex

What Vietranstimex does

Vietranstimex (legal name: CÔNG TY CỔ PHẦN VẬN TẢI ĐA PHƯƠNG THỨC VIETRANSTIMEX) is a Vietnamese multimodal heavy-lift logistics provider founded in 1975 and headquartered in Ho Chi Minh City. The company specializes in transporting oversized, overweight, and project cargo for large infrastructure and energy projects, serving clients in power generation, oil and gas, petrochemical, wind energy, and civil infrastructure sectors. It owns and operates a vertically integrated asset base including self-propelled modular trailers (SPMT) capable of handling 100-5,000 ton loads, heavy-lift cranes up to 800 tons, hydraulic and lowbed trailers, and a river barge fleet of 400-2,000 DWT operating in both northern and southern Vietnam. Vietranstimex positions itself as the only domestic Vietnamese transport company providing SPMT-based load-out/in services, a capability exercised on offshore and refinery projects.

The company generates revenue through project-based contracts awarded via competitive tendering, with pricing varying by cargo weight, dimensions, distance, route complexity, and equipment requirements. Revenue streams include multimodal freight transportation (road, river, sea), loading/unloading and installation services, equipment rental, warehousing (including the Long Son storage yard in Vung Tau), and ancillary services such as customs brokerage and shipping agency. Its go-to-market is direct enterprise sales targeting state-owned utilities (EVN, PetroVietnam, PTSC), EPC contractors (JGC, Samsung, Hyundai), independent power producers, and international OEMs (Goldwind, Nordex, VARD). Vietranstimex also offers cross-border multimodal transit across Vietnam, Laos, Cambodia, Thailand, and China, supported by offices in Ho Chi Minh City, Hanoi, Da Nang, Hai Phong, Phu My, and Vung Tau.

The company operates as a private joint stock company within the SOTRANS Group system, with a headcount of 501-1,000 employees. Recent major projects include the Long Son Petrochemical Complex (17 modules, 100-1,400 tons each), the Su Tu Den topside load-out (2,300 tons using ~200 SPMT axles), a 1,010 km 220KV transformer transport from Hanoi to Da Nang, 30 Suction Bucket foundations for the Greater Changhua Offshore Wind Farm, and the Cu Ne 2 wind farm transport delivered 60 days ahead of schedule. Marketing and sales are relationship-driven, with limited outbound marketing activity; credibility is built through a documented project portfolio on its corporate website.

Name

Vietranstimex

Legal name

CÔNG TY CỔ PHẦN VẬN TẢI ĐA PHƯƠNG THỨC VIETRANSTIMEX

Website

https://vietranstimex.com.vn

Company type

Private

Founded year

1975

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Vietranstimex is a Vietnamese multimodal heavy-lift logistics provider serving power generation, oil and gas, petrochemical, and infrastructure projects with SPMT, heavy-lift cranes, barge fleets, and cross-border transit capabilities across Southeast Asia.

Ownership category

akta.pro rank

Product category

Heavy Cargo Logistics

NAICS

Specialized Freight Trucking (4842), Marine Cargo Handling (488320), Support Activities for Water Transportation (4883)

SIC

Services-Miscellaneous Equipment Rental & Leasing (7350), Construction, Mining & Materials Handling Machinery & Equip (3530), Construction Machinery & Equip (3531)

akta.pro primary industry

Heavy Haul / Oversize / Specialized Equipment TL Carriers (TLADADAI)

akta.pro secondary industries

Specialized Trailer & Heavy Transport Equipment Providers (SPMT, Lowboy, Multi-Axle) (TLADAGAM), Breakbulk & Project Cargo Handling (Heavy Lift, Out-of-Gauge Handling) (TLAHALAH), Cranes & Heavy Lifting Equipment Rental/Leasing (TLABAFAD), High & Heavy / Project Ro-Ro Handling (Construction, Mining & Oversize Equipment) (TLAHACAI)

Keywords

• Heavy cargo transport
• Multimodal logistics
• Project cargo services
• Load-out services
• Heavy lift cranes

Headquarters

HQ city

Ho Chi Minh City

HQ country

Vietnam

HQ region

Asia

Offices7 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Infrastructure, Operations, Supply Chain, Marketing or Sales

Revenue model

1. Multimodal Freight Transportation: Core revenue stream from providing multimodal transport services (road, river, sea) for heavy, oversized, and project cargo. Revenue is generated through project-based contracts, typically awarded via competitive tendering by large project developers and EPC contractors. Pricing is based on cargo weight, dimensions, distance, route complexity, and equipment requirements.
2. Loading/Unloading and Installation Services: Revenue from heavy equipment loading, unloading, and installation services using specialized crane fleets and SPMT systems. Services include load-out/in operations, steel structure installation, and bridge construction components assembly.
3. Equipment Rental: Rental of specialized equipment including hydraulic trailers, self-propelled trailers (SPMT), lowbed trailers, cranes (30T-120T lifting capacity), ballast pumps, and spreader beams to third-party contractors and project developers.
4. Warehousing and Storage: Storage and warehouse services for project cargo, including the Long Son storage yard in Vung Tau used for equipment staging during refinery and petrochemical projects.
5. Ancillary Services: Customs clearance brokerage, shipping agency, maritime brokerage, and transport/stevedoring infrastructure consulting and design services.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Vietranstimex provides turnkey multimodal transportation, loading/unloading, and installation services for super-heavy, oversized, and project cargo in Vietnam and the region. Its owned fleet includes specialized tractors, semi-trailers, hydraulic and self-propelled modular trailers (SPMT), rubber-tired cranes with 30T-120T lifting capacity (and up to 800 tons in the larger fleet), and river barges of 400-2,000 DWT. Services are delivered primarily to energy, oil and gas, petrochemical, and infrastructure project developers under project-based contracts.

Product overview

Vietranstimex operates as a comprehensive multimodal transportation and logistics service provider with a portfolio of interconnected service offerings. The core offering is Multimodal Transportation Services, which integrates Road Transport, River Transport (with barge fleets of 400-2,000 DWT in Northern and Southern regions), and Sea Transport services. Supporting this core capability are specialized services including 24/7 Emergency Service for power infrastructure, Load-out/In Services (unique in Vietnam for handling 100T-5,000T cargo), Loading/Unloading and Installation Services (30T-120T crane capacity), Warehouse Business, Equipment Rental (including SPMT, hydraulic trailers, and 30T-120T cranes), and ancillary services such as customs brokerage and shipping agency. The company maintains a specialized transport fleet with lifting capacity up to 800 tons, positioning it as a turnkey solution provider for super heavy cargo and project logistics.

Differentiator

Problem solved

Functional benefit

Products and services

• Multimodal Transportation Services International multimodal transport services providing shipping, loading/unloading, and turnkey transportation of super heavy cargo and project cargo via road, river, and sea transport capabilities, for energy, oil and gas, petrochemical, and infrastructure project developers.
• Road Transport Road-based heavy and oversized cargo transport services for projects using specialized tractors, semi-trailers, hydraulic trailers, and SPMT.
• River Transport River barge transport services using an owned fleet of 400-2,000 DWT barges in Northern and Southern Vietnam, used to transport OOG cargo where road infrastructure is insufficient.
• Sea Transport Sea transport services coordinated with shipping lines, vessel owners, and international freight forwarders, especially for door-to-door project cargo needs.
• 24/7 Emergency Service Round-the-clock emergency support for the power industry, handling emergency transformer replacement at 110KV, 220KV, and 500KV substations during urgent periods such as dry season and deadline-driven power line construction.
• Load-out/In Services Load-out/in services using hydraulic or self-propelled modular trailers (SPMT) to transport heavy components weighing 100T-5,000T from quay to barge and vice versa. Vietranstimex is the only domestic transport company in Vietnam capable of providing this service.
• Loading, Unloading and Installation Services Loading, unloading, and installation services using manual jack-pulling methods or rubber-tired cranes with lifting capacity from 30T to 120T for project equipment installation and removal.
• Warehouse Business Warehouse and storage operations for cargo handling and temporary storage solutions, including the Long Son storage yard in Vung Tau used for equipment staging during refinery and petrochemical projects.
• Equipment Rental Rental of specialized equipment including hydraulic trailers, self-propelled modular trailers (SPMT), lowbeds, cranes with lifting capacity from 30T to 120T, ballast pumps, and spreader beams to third-party contractors and project developers.
• Other Services (Customs, Brokerage, Agency) Customs clearance services, shipping brokerage, shipping agency, international freight forwarding agency, and transport/stevedoring infrastructure consulting and design services.

Quantifiable outcome

• Successfully loaded out topside weighing 2,300 tons (Su Tu Den project) using nearly 200 SPMT axles and 15,000 DWT sea barge.
• +3 more outcomes

Named customers9 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Three partnerships are on record, tiered core and minor.

• NWL (Nordex Group)coreStrategic or Co-development PartnerStrategic partner supporting the Cu Ne 2 wind farm transportation project. NWL, a major wind turbine manufacturer, collaborated with Vietranstimex for the safe and on-schedule delivery of wind turbine components over 60 days.
• AMECC (Construction Mechanical Company)minorStrategic or Co-development PartnerSigned strategic business cooperation agreement with AMECC for engineering and construction collaboration, expanding Vietranstimex's network in the heavy industry sector.
• DeugrominorStrategic or Co-development PartnerInternational project freight forwarder partnership for handling heavy cargo at Long Son refinery project. Deugro provides global freight forwarding coordination while Vietranstimex handles domestic transport and load-out operations.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Cosco Shipping Heavy Transport: Chinese state-owned heavy-lift and project cargo specialist with semi-submersible vessels and module carrier fleet serving Asia-Pacific energy and infrastructure projects, providing regional competition for large OOG marine transport work.
• Sarens: Belgian-based global heavy lifting and engineered transport specialist with one of the world's largest crane and SPMT fleets, serving the same oil & gas, power, and infrastructure end markets as Vietranstimex across Asia.
• Mammoet: Global market leader in heavy lifting and transport, operating SPMT fleets, 800+ ton cranes, and turnkey project logistics for energy, offshore, and infrastructure sectors worldwide — directly comparable to Vietranstimex's core service lines at much larger global scale.

Direct peers

• Fagioli: Italian heavy lift and transport specialist providing SPMT-based load-out/in, modular trailer, and crane services for oil & gas, power, and refinery projects — directly comparable capabilities to Vietranstimex's load-out/in and heavy-lift offerings.
• Trans Global Projects: UK-headquartered project cargo forwarding and heavy-lift specialist managing global movements of oversized industrial equipment for power, oil & gas, and mining clients — comparable multimodal project logistics capabilities.
• BigLift Shipping: Heavy lift shipping specialist operating specialized vessels for breakbulk and project cargo across Asia, providing the ocean-borne leg of multimodal project logistics comparable to Vietranstimex's sea transport and barge-based delivery model.
• Roll Group: Netherlands-based heavy transport and lifting specialist operating SPMTs, hydraulic trailers, and jack-up systems for offshore wind, oil & gas, and civil projects, with strong presence in Southeast Asia competing for similar offshore wind and module logistics work.

Regional players

• PVTrans (PetroVietnam Transportation Corporation): Vietnamese state-affiliated marine and logistics operator serving PetroVietnam's offshore oil & gas operations, with comparable domestic heavy-cargo and offshore logistics capabilities as Vietranstimex but with a stronger oil tanker and OSV focus.
• Transimex Corporation: Leading Vietnamese logistics and freight forwarding company offering multimodal transport, customs, and project cargo services domestically — comparable Vietnam-based multimodal competitor with a broader but less specialized heavy-lift offering.

Others

• deugro: Global project freight forwarder and heavy-lift logistics coordinator specializing in oversized and project cargo; already partnered with Vietranstimex at Long Son refinery, operating as both an upstream coordinator and downstream customer.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Vietranstimex