bongdaso chain refers to managing the temperature of perishable products to maintain quality and safety from harvest area through the distribution channels to consumers. The bongdaso supply chain, mainly the bongdasowarehousesystem, plays an essential role in developing the import and export activities of frozen seafood, fresh fruits and vegetables, and the distribution system of Vietnam. The bongdaso chain ensures food quality, hygiene, and safety and helps store goods in supermarkets, restaurants distribution systems, nationwide food chains, and other agricultural production.
bongdaso supply chains bring practical benefits in reducing business costs, increasing efficiency, and reducing the damage of the perishable products supply chain. Moreover, during the Covid-19 pandemic, there should be bongdaso chain solutions and qualified warehouses to store vaccines, medical developments, and biological products.
The average loss rate for perishable goods in Vietnam is still high; for fruits and vegetables, the loss rate can be up to 35-45% and about 25-30% for aquatic and seafood products. However, the bongdaso warehouse strategy has not been synchronized across the country, only meeting 30-35% of total demands for import and export.
In 2020, the total export turnover of agricultural, forestry, and fishery products reached 41.2 billion USD, up 2.5% compared to 2019. In which, main agricultural products are estimated at 18.54 billion USD, down 0,5%. The frozen goods market is rapidly growing in Southeast Asia and is expected to increase to 20 million USD among big countries. Warehouse rental costs fluctuate on average (0.85 - 1.0 USD/pallet/day). According to a survey by CEL Consulting in 2020, only 8.2% of manufacturers for the domestic market applied bongdaso chains, which was much lower than the figure of 66.7% of exporters.
Currently, it's indispensable to invest more in bongdaso warehouse systems. The Vietnam Association of Seafood Exporters and Producers (VASEP) asks the government for loans at low-interest rates to build bongdaso warehouse facilities to produce and export seafood products.
By December 2019, the whole country had 48Cold storage warehousewith a capacity of 600,000 pallets. In which, Southern Vietnam has 36 bongdaso warehouses with a total of 526,364 pallets. The Central Region has one bongdaso warehouse capacity of 21,000 pallets, and the North region has 11 bongdaso warehouses with 54,780 pallets. About 80% of bongdaso storage was full of cargo. The utilization rate of cool storage was low.
In 2020, many bongdaso warehouses were under construction, which had not operated, such as Hung Vuong Warehouse (Thaco) with 60,000 pallets, AJ Total Long Hau with 32,000 pallets, and AJ Total Hung Yen with 25,000 pallets. Emergent bongdaso Vietnam and Preferred Freezer (District 7) had just decided to merge with Lineage Logistics - the world's largest corporation in the bongdaso supply chain. Therefore, in Vietnam, Lineage has three warehouses in Industrial Park Song Than 1 - Binh Duong, District 7, and VSIP Bac Ninh.
bongdaso chain service providers are now concentrated in the Southern region due to high demand, with four groups of ownership:
Some of VLA's members developing bongdaso warehouse systems nationwide are Transimex, Gemadept, Saigon Newport.
bongdaso transportation is a vital link in the bongdaso supply chain. There are more than 700 bongdaso trucks and 450 train carriages transporting bongdaso containers over the country. Ratraco Company currently has 300 bongdaso containers, multimodal bongdaso containers, and transit from China to third countries (Mongolia, Kazakhstan, Uzbekistan, Russia, Tajikistan, Poland, Germany, UK). Ratraco has developed diesel-powered bongdaso containers to deliver to fruit and vegetable production areas.
The development potential of bongdaso warehouse services is very fertile and requires quick investment, market entry of new businesses, and strong potential.
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