TAN CANG SONG THAN ICD JOINT STOCK COMPANY

What TAN CANG SONG THAN ICD JOINT STOCK COMPANY does

ICD Tân Cảng Sóng Thần (ICDST) is a Vietnamese inland container depot (ICD) and integrated third-party logistics (3PL) provider founded on December 21, 2000 and headquartered on a 50-hectare (500,000 m²) site in Bình Dương province, adjacent to Ho Chi Minh City. It was the first ICD established by Tổng Công ty Tân Cảng Sài Gòn (Saigon Newport Corporation, SNP) and operates as a member of Binh đoàn 20 (Military Region 2) under Vietnam's Ministry of National Defense. The company delivers four core services — warehousing and distribution center operations (228,000+ m²), container yard services (105,000+ m²), road/rail/sea transportation, and customs brokerage — to enterprise customers in manufacturing, import-export, and distribution. Its primary structural advantage is membership in the SNP network, which provides preferential cargo clearance at Vietnam's two largest container gateways (Cát Lái and Cái Mép ports).

The technology stack is built around three proprietary modules integrated into operations: a Warehouse Management System (WMS) layer combining Infor, Smartlog, and SAP-EWM with an automated billing module (Module Billing, launched November 2025) that delivers real-time revenue transparency; the PSAFE-C3 Smart Security Center (launched December 2025), which uses AI to manage 350+ surveillance cameras with 24/7 centralized command and integrates access control, fire alarms, and IP speakers; and the Base.vn Electronic Office System (launched January 2024) for document, HR, and asset digitization. This stack supports a stated objective of 100% digitalization of customer service operations by 2030.

ICDST's go-to-market is enterprise field sales combined with annual Customer Day events and participation in industry exhibitions (VILOG, VWAS). Revenue is generated through five streams: recurring warehouse/distribution rentals (subscription-style), transaction-based container yard and transportation fees, professional-service customs brokerage fees, and bundled managed-service integrated logistics packages. Pricing is fully bespoke with no public rate card. The company has ~150 employees plus contracted on-site workers, reported 2024 revenue above 460 billion VND (~US$19M, +9% YoY) and net profit after tax of 65.5 billion VND (~US$2.7M, +~16% YoY), with ROE of 29.1% and dividend payout above 20%. Named enterprise customers include Kimberly-Clark Vietnam (operating a ~30,000 m² distribution center at the site), FrieslandCampina, Mondelez, Masan, Saigon Co.op, Mercedes-Benz, Toshiba, TTC Sugar, Marico, Hayat, FES, and Huhtamaki.

Name

TAN CANG SONG THAN ICD JOINT STOCK COMPANY

Legal name

Công Ty Cổ Phần ICD Tân Cảng Sóng Thần

Website

https://icdsongthan.com.vn

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

1–10 employees

Short description

ICD Tân Cảng Sóng Thần is a Vietnamese inland container depot and integrated 3PL logistics provider operating a 500,000 m² facility in Bình Dương, offering warehousing, container yard, transportation, and customs brokerage to enterprise manufacturers, importers, and distributors across Saigon Newport's port network.

Ownership category

akta.pro rank

Product category

Inland Container Depot & Integrated Logistics Services

NAICS

Warehousing and Storage (493), General Warehousing and Storage (493110), Port and Harbor Operations (48831), Transportation and Warehousing (48-49)

SIC

Public Warehousing & Storage (4220), Arrangement Of Transportation Of Freight & Cargo (4731), Trucking & Courier Services (No Air) (4210)

akta.pro primary industry

Inland Container Depots (ICD) / Inland Ports (TLALAJAB)

akta.pro secondary industries

Container Yards & Inland Depot Storage (Empty Container Depots/ICDs) (TLALAAAI), Empty Container Depots (ECD) (TLALAJAA), Container Stuffing/Unstuffing & Depot-Based Value-Added Services (TLALAJAM)

Keywords

• Warehouse distribution services
• Container yard depot
• Customs brokerage services
• Integrated logistics solutions
• Third-party logistics

Headquarters

HQ city

Ho Chi Minh City

HQ country

Vietnam

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Warehouse & Distribution Services: Revenue from providing modern warehouse facilities (5,000–50,000 m² units) including distribution centers, customs-bonded warehouses, CFS warehouses, and domestic warehouses. Customers include manufacturers, importers, exporters, and distributors requiring flexible storage and fulfillment.
2. Container Yard / Depot Services: Revenue from container depot services including destination port services, empty container depot, and customs-bonded yard services, utilizing 105,000 m² of container yard area with modern equipment.
3. Transportation Services: Revenue from road, rail, and sea transportation services, particularly container transport serving Southeast Vietnam, Central, and Central Highlands regions, leveraging SNP network connectivity.
4. Customs Brokerage Agency: Revenue from customs declaration and clearance agency services, acting on behalf of enterprises with customs and related authorities for rapid, cost-effective completion of procedures.
5. Integrated Logistics Solutions: Revenue from bundled logistics packages combining warehouse, distribution center, yard, transportation, and customs services — designed to reduce costs for customers with flexible, adaptable packages for different business phases.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

ICDST operates as a one-stop B2B inland container depot and integrated logistics provider, offering modern warehousing (228,000+ m²), container yard services (105,000 m²), multi-modal transportation (road, rail, sea), and customs brokerage on a 50-hectare facility in Bình Dương province. As a member of Tổng Công ty Tân Cảng Sài Gòn (SNP), the company provides its enterprise customers with preferential cargo clearance at Cát Lái and Cái Mép ports and bundled, flexible logistics packages.

Product overview

ICD Tân Cảng Sóng Thần (ICDST) operates as a comprehensive logistics services provider offering four core services: Warehouse & Distribution Center Services, Container Yard Services, Transportation Services, and Customs Brokerage Services. The company manages a modern warehouse system spanning 228,000 m² and a container yard of 105,000 m². Technology modules supporting core operations include the Module Billing automated billing system integrated with WMS, the PSAFE-C3-based Smart Security Center, and the Base.vn Electronic Office System. ICDST is a member of Tan Cang Saigon Corporation (TCT TCSG), connecting with Cat Lai Port and Cai Mech Port for prioritized cargo clearance.

Differentiator

Problem solved

Functional benefit

Products and services

• Dịch vụ Kho & Trung tâm phân phối (Warehouse & Distribution Center Services) Modern warehouse chain offering flexible rental units from 5,000 m² to 50,000 m² across 228,000+ m² total warehouse space, including Distribution Centers, Customs-bonded Warehouses (Kho ngoại quan), CFS Warehouses, and Domestic Warehouses, serving manufacturers, importers, exporters, and distributors requiring storage and fulfillment capacity.
• Dịch vụ Bãi (Container Yard Services) Container yard operations across approximately 105,000 m² with modern handling equipment, providing destination port services, empty container depot services, and customs-bonded yard services for importers, exporters, and shipping lines.
• Dịch vụ Vận tải (Transportation Services) Multi-modal transportation services including road, rail, and sea transport — particularly container transportation — serving Southeast Vietnam, Central, and Central Highlands regions, leveraging the SNP network for connectivity to Cát Lái and Cái Mép ports.
• Dịch vụ Đại lý Hải quan (Customs Brokerage Services) Customs declaration and clearance agency services in which ICDST represents enterprises in dealings with customs authorities and related agencies, completing procedures quickly and saving customers time and costs, supported by the company's Voluntary Customs Compliance Enterprise status.

Quantifiable outcome

• Revenue growth of 7% over 2024 plan, 9% over 2023 actuals, with profit increasing 10% over plan and 13% over 2023
• +4 more outcomes

Named customers14 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• OPL LogisticscoreStrategic or Co-development Partner · 11 March 2026On March 11, 2026, ICDST met with OPL Logistics to discuss cooperation in transportation, logistics services, and green energy solutions aligned with ESG standards. Areas of potential cooperation include: increasing existing transport volume, maintaining stable container throughput, expanding transport services at key areas (Cái Mép, Lạch Huyện), and researching green logistics solutions including clean energy, electric forklifts, and energy storage systems.
• TTC Group (Tập đoàn Thành Thành Công)minorStrategic or Co-development Partner · 29 November 2025At the Vietnam Logistics Forum 2025 in Đà Nẵng (November 29, 2025), ICDST signed a strategic cooperation agreement with TTC Group under the witness of Prime Minister Phạm Minh Chính. The partnership aims to expand and connect supply chains.
• Viettel PostminorStrategic or Co-development Partner · 13 October 2025On October 13, 2025, Viettel Post's Hồ Chí Minh branch officially opened a postal branch at ICDST facilities, marking a strategic step to realize the Viettel – TCT Tân Cảng Sài Gòn cooperation vision.
• ICD Tân Cảng Long Bình (ICDLB)minorStrategic or Co-development Partner · 31 July 2025On July 31, 2025, ICDST received a delegation from ICD Tân Cảng Long Bình as part of the SNP system connection and cooperation exchange program between member units.
• Bệnh viện Quân y 4 (Military Hospital 4)minorOthers · 28 June 2025On June 28, 2025, ICDST's Women's Union signed a cooperation program with the Women's Union of Military Hospital 4 (under Rear Services Department, Military Region 7). The partnership covers propaganda and education, healthcare access, and social welfare activities.
• Viettel Logistics (Chi nhánh Khai thác 3)coreStrategic or Co-development Partner · 5 April 2025On April 5, 2025, ICDST met with Viettel Logistics' Branch 3 (CNKT3) to explore integrated logistics solutions. Both parties agreed to pursue strategic cooperation leveraging ICDST's infrastructure (500,000 m², 228,000 m² warehouses) and Viettel Logistics' transport operations and customer base (serving AONE, Acecook, Dược Hậu Giang, etc.). Viettel Logistics will also support ICDST's digital transformation in warehouse management.
• Vietnam Customs Bureau (Cục Hải quan Việt Nam)coreOthers · 4 December 2024ICDST was officially recognized by the Vietnam Customs Bureau as a Voluntary Customs Compliance Enterprise under Decision No. 2790/QĐ-TCHQ dated December 4, 2024. This government partnership provides preferential treatment in customs clearance procedures and recognizes ICDST's compliance, transparency, and active cooperation.
• Base Enterprise (Công ty Cổ phần Base Enterprise)coreTechnology or Integration · 22 November 2023On November 22, 2023, ICDST and Base Enterprise launched the Electronic Office System project (VPĐT) using the Base.vn platform. This digital transformation initiative aims to digitize documents, reduce paperwork and printing costs, digitize HR management, improve asset management, and increase operational efficiency — targeting 'Go Live' in January 2024 with goal of 100% digitalization of customer service operations by 2030.

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• TBS Group (Thái Bình Securities & Logistics): Vietnamese logistics company providing freight forwarding, container depot services, and integrated supply chain solutions. Comparable as an ICD/depot operator competing for import-export and manufacturing customers in Vietnam.
• ICD Tân Cảng Long Bình (ICDLB): Sister ICD within the SNP system, also operating inland container depot and warehousing services in the Dong Nai/Binh Duong corridor. Closely comparable in service mix, technology platform, and customer base given shared SNP infrastructure.
• Sotrans (STG): Vietnamese listed logistics group offering warehousing, container depot, road transport, and freight forwarding. Directly comparable in service portfolio (especially container depot + warehousing) and competing for similar FMCG, manufacturing, and import-export customers in Southern Vietnam.
• Gemadept Corporation: One of Vietnam's largest listed logistics and port operators, providing container depots, ICDs, warehousing, and freight forwarding services. Directly competes with ICDST for Southern Vietnam enterprise customers and ICD throughput volumes.
• ITL Logistics (International Transportation & Logistics): Vietnamese logistics company with container terminal, depot, and forwarding operations. Comparable as a multi-service 3PL with port-adjacent operations targeting enterprise importers/exporters in Vietnam.

Broad incumbents

• Yusen Logistics Vietnam: Japanese-headquartered global logistics provider with Vietnamese warehousing, cross-border transport, and forwarding services. Comparable as a 3PL serving Japanese multinational manufacturers (similar to ICDST's Toshiba and other Japanese customers) with contract logistics capabilities.
• DHL Supply Chain Vietnam: Global 3PL leader with established Vietnamese warehousing, distribution, and transportation services. Competes for the same multinational enterprise customers (FMCG, retail, manufacturing) as ICDST, with broader international network and standardized global processes.
• Saigon Newport Corporation (SNP / Tổng Công ty Tân Cảng Sài Gòn): ICDST's parent company and Vietnam's largest container port operator. Directly comparable as the operator of Cát Lái and Cái Mép ports with integrated ICD, warehousing, and logistics services across Vietnam. Same product category and customer base, but at substantially larger scale and national reach.
• Kuehne+Nagel Vietnam: Global freight forwarder and contract logistics provider with significant Vietnamese operations including warehousing. Comparable as a contract logistics / 3PL competitor serving FMCG, manufacturing, and retail customers, though at much larger scale and broader geographic reach.

Regional players

• Vinh Hoan Corporation: While primarily a pangasius producer, Vinh Hoan operates significant cold-chain logistics and warehousing capacity in the Mekong Delta. Partially comparable as a Southern Vietnam integrated logistics operator serving FMCG/food customers, though focused on cold-chain rather than dry ICD services.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/tan-cang-song-than-icd-joint-stock-company

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

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 →

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