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Spx Express Company Limited (Công Ty Tnhh Spx Express) (Vietnam)

Main Activities: Postal Service
Secondary Activities: Plumbing, Heating, and Air-Conditioning Contractors | Other Direct Selling Establishments | Other Support Activities for Transportation | Warehousing and Storage
Full name: Spx Express Company Limited Profile Updated: January 16, 2026
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

SPX Express Company Limited (SPX Express, formerly Shopee Express Vietnam) is a Vietnam-based e-commerce logistics and last-mile delivery company established in 2020 and headquartered in Ho Chi Minh City. The company provides nationwide parcel delivery and fulfillment services, with core offerings including standard and express door-to-door shipping, cash-on-delivery (COD) handling, reverse logistics/returns, and integrated pickup and drop-off solutions for online sellers. SPX Express operates a logistics network comprising sorting hubs, line-haul connections, urban and provincial delivery stations, and large courier fleets optimized for high-volume small parcels generated by e-commerce platforms, especially within the Shopee marketplace ecosystem while also serving broader merchant clients. The company's geographic reach covers all major Vietnamese provinces, enabling dense delivery coverage across urban centers and secondary cities. Key assets include technology-driven tracking and routing systems, deep integration with Shopee's order management, and scalable last-mile capacity. Strategically, SPX Express positions itself as a high-throughput, cost-efficient e-commerce logistics provider focused on delivery speed and reliability, network densification beyond core platform volumes, continuous automation at sorting centers, and service upgrades in COD, returns, and seller support to sustain competitiveness in Vietnam's rapidly expanding online retail logistics market.

Headquarters
25Th Floor, Saigon Centre 2 Building, 67 Le Loi, Sai Gon Ward
Ho Chi Minh municipality; South Eastern Vietnam;

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Basic Information
Total Employees:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
April 21, 2020
Key Executives
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Advisor, Director
Ownership Details
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Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency VND. Absolute financial data is included in the purchased report.
Net sales revenue
45.55%
Total operating revenue
45.55%
Operating profit (EBIT)
52.32%
EBITDA
59.18%
Net Profit (Loss) for the Period
11.41%
Total Assets
48.24%
Total Equity
19.73%
Operating Profit Margin (ROS)
0.03%
Net Profit Margin
-0.22%
Return on Equity (ROE)
-6.87%
Quick Ratio
0.07%
Cash Ratio
-0.09%

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