J&T Express vs Viettel Post
J&T Express holds the stronger position because its parcel volume and profit are still climbing while Viettel Post's revenue is shrinking under price competition.
J&T Express
Pan-Asian parcel delivery network, ranked #1 in Southeast Asia by volume for six years
Viettel Post
Vietnamese parcel delivery and cross-border logistics arm of state-owned Viettel Group
Dimension by dimension
| Dimension | J&T Express | Viettel Post |
|---|---|---|
| Staying power of the core product | Revenue grew 18.5% in FY2025 and parcel volume rose 22.2%, showing the delivery network is still expanding. | Revenue fell 0.77% in FY2025 and then 5.62% in the first quarter of 2026 as rivals cut prices. |
| Exposure to AI absorbing the product | Same physical delivery model, AI is unlikely to absorb it. | AI is unlikely to replace physical parcel delivery. |
| How easily a giant could copy them | Also marked as possible, and Shopee already runs its own SPX Express network. | A larger player could build a competing network, marked as possible. |
| Pressure from rivals | Shopee's SPX Express, with about 25% of Southeast Asian logistics share, is shifting parcels in house, though it remains a J&T customer for now. | J&T Express, GHN, Ninja Van and Best Express are all pulling domestic volume away with lower prices, and this is already showing up in falling revenue. |
| Financial footing | FY2025 adjusted net profit more than doubled to US$425 million on revenue of US$12.2 billion, growing alongside volume. | FY2025 net income rose 40.4% to VND 348.56 billion, but this sits on top of shrinking revenue. |
| Regional scale | Ranked #1 in Southeast Asia by parcel volume for six straight years across a pan-Asian network. | Operates mainly within Vietnam and cross-border lanes tied to it. |
Questions people ask
- Viettel Post vs J&T Express, which one is growing faster?
- J&T Express is growing, with FY2025 revenue up 18.5% and parcel volume up 22.2%. Viettel Post is shrinking, with revenue down 0.77% for FY2025 and a further 5.62% drop in the first quarter of 2026.
- Which company faces tougher competition, Viettel Post or J&T Express?
- Viettel Post faces the sharper squeeze, since four separate rivals, J&T Express, GHN, Ninja Van and Best Express, are undercutting it on price inside Vietnam and its revenue is already falling. J&T Express faces pressure mainly from Shopee's SPX Express building its own network, but SPX still uses J&T as a customer.
- Is Viettel Post or J&T Express more profitable?
- J&T Express posted an adjusted net profit of US$425 million in FY2025, up 112.3%, on revenue of US$12.2 billion. Viettel Post's net income rose 40.4% to VND 348.56 billion, a much smaller figure sitting on top of declining revenue.
- Could AI replace either Viettel Post or J&T Express?
- Neither company's core business, physical parcel delivery, is considered likely to be absorbed by AI. Both Viettel Post and J&T Express are rated unlikely on this measure.
- Which company has a stronger position in its market, Viettel Post or J&T Express?
- J&T Express is ranked number one in Southeast Asia by parcel volume for six years running and operates across multiple countries. Viettel Post is concentrated in Vietnam, where it is currently losing domestic volume to lower priced competitors.
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