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22.08.2020 / Ho Chi Minh City, Vietnam

Ninja Van Vietnam expands ts fleet with additional vehicles from Shelev Vietnam

Ninja Van takes delivery of 7 additional new Isuzu trucks for intra-city logistics services from Shelev Vietnam – Part of a new leasing fleet to be used for e-commerce and last-mile delivery logistics.

As part of its fleet expansion drive, Ninja Van – one Asia’s fastest growing integrated logistics service provider headquartered in Singapore, has taken delivery of additional 7 new units of Isuzu QKR from its fleet leasing solutions provider Shelev. e delivery is part of a larger 3-phase plan that sees Ninja Van’s asset-light leasing fleet expand significantly within the next 12 months.

Shelev has become the ‘preferred choice for many intra-city logistics service providers, container trucking companies, and taxi operator, as the recent growth in domestic consumption and passenger transport demands new fleet financing solutions beyond traditional bank financing.

Shelev Group offers comfortable tailored fleet rental, leasing and corporate finance solutions, allowing fleet operators to expand their business without own capital investments. Logistics service providers are keen to grow asset-light.

For several years, Ninja Van in Vietnam has operating a continuously growing fleet of Shelev leasing vehicles and plans to further double its leasing fleet within the next 6 months based on the strong growth demand of e-commerce segment.

Adding more leasing vehicles to Ninja Van Vietnam’s fleet will support to strengthen the fast growing operation and deliver on their customer commitment in Vietnam.

15.08.2020 / Ho Chi Minh City, Vietnam

Lam Hanh Group grows its waste collection fleet with Shelev Vietnam

Lam Hanh Business Group – A leading industrial waste collection and processing business group in South Vietnam expands it’s fleet in Dong Nai Province with Shelev Leasing Vietnam.

Lam Hanh Commercial Services Group – a leading industrial waste collection and processing business group in Dong Nai Province, Vietnam extends it’s leasing fleet with Shelev with new additional customized waste collection vehicles of the Thaco brand.

Lam Hanh operates a diverse range of heavy trailer tractor and special purpose rigid trucks. Lam Hanh Group is a major waste collection, sorting, processing and recycling group in Vietnam’s leading industrial region, Dong Nai Province, just 30 kilometer from Ho Chi Minh City.

In pursuit of sustainable industrial development, Vietnam has been tirelessly carrying out investments to implement the United Nations’ Sustainable Development Goals. The government has made significant efforts in sustainable economic growth through new policies, waste collection infrastructure co-development, and support for private sector recycling technology implementation. Over the past 30 years Vietnam has achieved a remarkable development record, according to the World Bank.

Shelev is a trusted partner to Lam Hanh. “We are pleased with the holistic and innovative fleet & finance solutions of Shelev Business Group. Shelev provides a fleet of industrial waste collection vehicles to Lam Hanh Group since early 2019. The new vehicles are part of a larger expansion fleet plan. Within our strategic partnership, we plan to expand our fleet with Shelev to provide more than 120 additional trash collection vehicles for the needs of the fast growing southern economic zones” – Ms Hanh, , Lam Hanh Group CEO

Shelev is the first and only commercial fleet operating leasing firm in Vietnam, offering a variety of fleet and financial services via it’s fast growing group companies.

15.09.2020 / Ho Chi Minh City, Vietnam

Le Tuan Vinh Business Group expands its beverage supply chain fleet in South Vietnam with Shelev

A major beer and beverage transporter in South Vietnam expands it’s fleet with Shelev Vietnam Leasing

Le Tuan Vinh Company Limited (LTV) – a leading transporter in the beer and beverage supply chain of South Vietnam breweries received delivery of 12 new vehicles of the brand Veam from Shelev Vietnam.

LTV operates a large fleet of vehicles serving major beer- and beverage producers in South Vietnam. LTV also operates a network of beverage distribution channels, warehousing locations and customized logistics services for the beverage industry. Per capita beer consumption is projected to increase from 64.9 litres in 2019 to 73 litres in 2022, growing at an average annual rate of 5.4 per cent.

Shelev Group offers comfortable tailored fleet rental, leasing and finance solutions, allowing fleet operators to expand their business without own capital investments. Many Logistics service providers are keen to grow their operation via asset light business models.

Shelev is also the first and only commercial fleet operating leasing firm in Vietnam, offering a wide variety of fleets, from box trucks, container trucks, vans to taxis, and potentially busses in future – Merlin Kwan, Group COO.

“Asset-light fleet leasing is ideal for us because our business has been growing fast over the last years. The beverage industry and consumer sector has been growing in recent years in Vietnam. The customized fleet solutions allow us to grow more comfortably without large upfront cash layout.” – Mr Vinh, Director.

25.09.2020/ Ho Chi Minh City, Vietnam

The future of fleet finance in Vietnam

Leading car distributor Hyundai Gia Định sees the future of car and fleet financing in flexible and customized financing solutions.

We live in unprecedented times of prosperity in Vietnam. Consumer demands and lifestyles are rising. Disposable income is increasing. And Vietnam is experiencing rapid development and urbanization. The transport and financing sector is seeing a big shift and rapid growth opportunities. Vietnam’s passenger car market is growing so rapidly – at a CAGR of over 35% year-on-year – the fastest growing market in ASEAN. All 3 segments are growing fast: The taxi market, ride hailing market, consumer car market

Yet, access to traditional bank financing and investment capital is limited. Processes are complicated and take too much time. Many financially healthy enterprises and individuals can not access sufficient bank loans because of lacking: Collateral, Documents, Sufficient Leverage ratios

Most businesses across transport sectors are in need to access more capital, financing or partnerships to capture potential growth opportunities, as the availability of traditional sources of financing does not match the huge market opportunities in our growing economy.

Customer mindset is also shifting in Vietnam’s new economy. We see new trends: Today more and more customers ask about financing solutions that can preserve investment and working capital and are more flexible and customized. Recently, New fleet solution has emerged like:

  • Operating leasing
  • Rent-to-own solutions,
  • Innovative rental solutions
  • Sale-and-lease back
  • Car consumer finance

At the frontier are innovative companies like Shelev. With customized fleet solutions that are tailored to the unique opportunities and challenges of Vietnamese businesses and individuals. If you want to grow your fleet business or just explore new auto solutions, please contact our team at Hyundai Gia Dinh.

Pham Vo Duc Anh, Hyundai Gia Dinh

03.10.2020 / Ho Chi Minh City, Vietnam

Goldtimes Express expands fleet with Shelev Vietnam

Goldtimes Express Business Group – One of Vietnam’s fastest growing Express Delivery Networks plans major fleet expansion with Shelev Vietnam’s with asset-light leasing solution

Goldtimes Express – a major express delivery and postal service network in Vietnam received delivery of 7 new Isuzu Trucks, in the ranging from 2 ton, 5 ton, to 8 ton payload.

Goldtimes Express, founded in 2010, boosts a fast-growing express delivery network with currently more than 1,000 staff and 79 service locations and provincial hubs across Vietnam. The current delivery of 7 vehicles is part of a larger expansion plan. Goldtimes Express plans to increase their fleet with Shelev for another 60 vehicles to serve the fast growing network of new express delivery network across Vietnam.

Goldtimes serves the fast growing domestic and international postal segment. A major driver of postal delivery growth in Vietnam is growing impact of globalization, and e-commerce. The Vietnam E-commerce Association (VECOM) also revealed recently that the e-commerce growth rate of Vietnam is 30% year-on-year.

Shelev Group offers comfortable tailored fleet rental, leasing and finance solutions, allowing fleet operators to expand their business without own capital investments. Logistics service providers are keen to grow asset-light.

“Shelev is also the first and only commercial fleet operating leasing firm in Vietnam, offering a wide variety of fleets, from box trucks, container trucks, vans to taxis, and potentially busses in future” – Merlin Kwan, Group COO.

14.10.2020 / Ho Chi Minh City, Vietnam

Wefast expands its fleet of trucks with Shelev Vietnam

Wefast Electronic Trading Logistics technology JSC – An leading technology enabled air-freight postal delivery service platform expands its fleet of trucks with Shelev Vietnam’s asset-light leasing solution

Wefast – a well-known air-freight postal delivery fim in Vietnam received delivery of 4 new Isuzu Trucks from Shelev Vietnam. The current delivery of 4 vehicles between 2 and 8 ton payload, is the first phase of Wefast’s new asset-light expansion plan with Shelev Vietnam Leasing.

Wefast serves the growing international in-bound and out-bound postal air-courier segment. The whole process is enabled via a user-centric mobile app.  A major driver of air-freight courier growth in Vietnam is the growing impact of globalization and the rising consumer expectations.

“We have seen strong growth in the air-freight courier segment in recent years. Air-freight answers the arrival of the instant-economy. High consumer expectations are driven by high mobile phone penetration and the preference for global brands among the growing Vietnamese middle class. Vietnamese just don’t want to wait anymore – everything must be shipped or received within a day or two. The air-freight sector is booming. Our mobile app makes everything easy and transparent.

“The new asset-light leasing model of Shelev is ideal for us. With Shelev’s new services, we can finally answer the growing trucking demand without significant upfront capital investment. We can focus on our core business, the air-freight part of the supply chain.” Mr Bang, Wefast Group Chairman.

Shelev Group offers comfortable tailored fleet rental, leasing and finance solutions, allowing fleet operators to expand their business without own capital investments. Logistics service providers are keen to grow asset-light.

“Shelev is also the first and only commercial fleet operating leasing firm in Vietnam, offering a wide variety of fleets, from box trucks, container trucks, vans to taxis, and potentially busses in future” – Merlin Kwan, Group COO.

14.10.2020 / Ho Chi Minh City, Vietnam

Lado Taxi Group expands fleet with leasing solutions from Shelev Vietnam

Lado Taxi, Vietnam’s third largest taxi group expands operation in core regions and 3 new provinces with a large Shelev Vietnam leasing fleet

Lado Taxi Group – Vietnam’s third largest and fast growing taxi group has received delivery of 50 new Hyundai Accent from Shelev Vietnam Leasing firm. This delivery is the latest fleet expansion supported by Shelev, Vietnam’s first and only commercial vehicle operating leasing firm that grew within only 2 years to hundreds of vehicles. This is the 3rd fleet investment of Shelev to support the growing demand for asset-light taxi operator fleets in Vietnam.

Recently Lado Taxi received new business permits to expand operation further to Ba Ria Vungtau province, Dong Nai province, and Binh Dinh province – major economic growth zones in Vietnam. Binh Dinh’s economy for example has been vigorously developing in recent years at the average GDP growth rate of 12%. According to the study ‘Vietnam Taxi Market – Growth, Trends, and Forecast Vietnamese’ by Research firm Mordor Intelligence, the taxi market in Vietnam is project to grow at a CAGR of 14.89%, during the forecast period, 2019-2024.

Post pandemic recovery, Lado Taxi Group plans to answer the urgent consumer demand in the 3 new provinces and expand its fleet with at least 800 additional vehicles within the next 2 years.

26.02.2021 / Ho Chi Minh City, Vietnam

Shelev Vietnam plans deep-tech efficiency boost to trucking sector

(VEN) – Shelev Vietnam, a vision driven fleet and technology ecosystem provider for Vietnam’s transport industry plans to offer a subscription-based next-generation transport management system using AI.

26.02.2021 / Ho Chi Minh City, Vietnam

Shelev Vietnam plans deep-tech efficiency boost to truckin

09.03.2021 / Ho Chi Minh City, Vietnam

Shelev Vietnam and Lado Taxi Group plan to extend provincial taxi fleets across Vietnam’s economic growth zones.

Vietnam’s Third largest Taxi network Lado Taxi has recently extended its fleet with the innovative fleet solutions of Shelev Vietnam Business Group – a next generation fleet-, finance-, and mobility solutions provider.

(09.03.2021 / Ho Chi Minh City, Vietnam) Vietnam’s Third largest Taxi network Lado Taxi has recently extended its fleet with the innovative fleet solutions of Shelev Vietnam Business Group – a next generation fleet-, finance-, and mobility solutions provider.

Many provinces in Vietnam continue to experince two-digit GDP growth rates. Rapid economic development and urbanization will continue to demand more taxi supply. Lado taxi plans to extend its fleet with Shelev Vietnam in the future. Besides the large taxi markets in Ho Chi Minh and Hanoi, the provincial and second-tier city taxi market is forecast to experience strong CAGR growth at 16% over the next decade as consumer demand, lifestyle and disposable income rises. The major ride-hailing services are not available in provincial regions. Hanoi and Ho Chi Minh City collectively account for 93 percent of the ride-hailing market, and ride-hailing had a hard time to expand outside this two major cities. By continuously launching promotions, discounts on every single ride, ride-hailing apps attracted large users and drivers in Ho Chi Minh City and Hanoi, hand-in-hand with huge losses over the years.

“Even with the updated government regulations, ride-hailing fleets in Ho Chi Minh and Hanoi have declined drastically over the last 2 years. Partially due to the covid pandemic, and partially due to a shift of resources to develop services of financing, food delivery, freight forwarding, digital content and digital payments. The days of huge bonuses and incentives for Grab drivers are gone. Lado taxi is continuously extending its own ride-hailing app that is popular in its key provinces,” says Mr Nguyen Ngoc Dong, Member of Liên Minh Việt Taxi Association and General Director Lado Taxi.

Lado Taxi network has grown steadily over the last decade. Today, Lado Taxi is one of Vietnam’s largest taxi operator, with 9 Branch Offices, operating from Duc Trong District, Lam Dong province; Đà Lạt City, Lam Dong; Bao Loc City, Lam Dong province; Quy Nhon City, Binh Dinh Province; Long Khanh City, Dong Nai Province; Vung Tau City, Ba Ria-Vung Tau Province; Tuy Hoa City, Phu Yen Province.

“Traditional bank financing is limited and doesn’t match the markets growth potential. We look forward to continue our growth journey with Shelev. The solutions of Shelev are customer-centric, convenient, and extend our investment capital,” says Mr Dong. Many taxi companies are trying to grow and claim the unique market opportunity while the economy is developing and continues its journey as a prosperous free market economy. Customer expectations are equally are rising across Vietnam’s young population.

In recent years, and especially during the global covid pandemic, Vietnam is actively fueling growth in the private sector by providing support and tax incentives, encouraging the creation of new startups, new business models and technology. With focus on its strong digital foundation and human capital, Lado believes it is uniquely positioned to capture exponential growth and value in the coming years.

18.11.2020 / Ho Chi Minh City, Vietnam

DNP expands its fleet of trucks with Shelev Vietnam

DNP Logistics (Dai Ngoc Phat Trading Company Limited)  – A last mile delivery logistics firm in Vietnam has taken delivery of the first 7 operating leasing trucks from Shelev Vietnam

DNP Logistics – a last mile delivery firm in South Vietnam received delivery of 7 Isuzu trucks from Shelev Vietnam. DNP transports a diverse range of consumer goods for a variety of global and local brands. DNP Logistics also partners with Vietnam’s largest courier and e-commerce networks. DNP Logistics fleet operates in South Vietnam with a continuously growing fleet of light box trucks and Vans.

“We serve a large number of diverse customers across all type of consumer goods, electronics, and F&B. Many times demand can increase ad-hoc with new opportunities being presented on short notice. The new leasing solution of Shelev is ideal in order to respond to opportunities on without delay and grow without large capex investments. Previously the only choice was to buy vehicles or pool old vehicles from individual owner-driver,” says Mr Nguyen Van Dai, Managing Director at DNP Logistics

Besides a large number of SMEs Shelev Vietnam also serves many multinational logistics firms, import-export companies, industrial customers, “Shelev is also the first and only commercial fleet operating leasing firm in Vietnam, offering a wide variety of fleets, from box trucks, container trucks, vans to taxis, and potentially busses in future” – Merlin Kwan, Group COO.

Vietnam’s logistics demand has increased continuously over decades. Even during the covid pandemic the logistics demand continued moderately strong for domestic consumption via e-commerce, and global import-export has quickly recovered to moderate strength during the pandemic.

15.04.2021/ Ho Chi Minh City, Vietnam

Urbanization and rise of the middle class – driving 2-digit growth in taxi and car market

The taxi and ride-hailing sector is projected to grow at 15% and 18% respectively year-on-year for the next 5 years.


The consumer behavior and lifestyle of Vietnamese is changing rapidly. With this, the passenger transport sector is growing and transforming rapidly. Further, many provinces boast double-digit GDP growth due to rapid economic development in recent years, and this adds to the need for additional public transport, taxi, and ride-hailing infrastructure. For example, the taxi and ride-hailing sector is projected to grow at 15% and 18% respectively year-on-year for the next 5 years.

Yet, as you know as an operator, financing, and access to capital to grow your fleet and business is often limited. Securing more bank financing to answer customer demand is not easy at times. Shelev is here to enable transport businesses, taxi or bus networks – like yourself, to expand sustainably and with our customized fleet investment products.

We offer you the opportunity to: Grow your business and preserve your capital expenditure. In that way we help you to comfortably answer the exuberant market demand in your region with new green & clean vehicles. We will buy the latest environmentally-friendly vehicles for you and let you operate them in an asset-light model. We can also let you own the vehicle fleet, or sell you the vehicles – if that’s what you prefer. We are here to customize solutions with you.

We further offer you cutting-edge technology solutions to maximize your operational efficiencies. This will allow your company in Vietnam to strongly grow – but grow smart and sustainably, and help preserve our wonderful environment around us with new environmental-friendly vehicles.

Now, if you are interested in growing your taxi, bus, or passenger transport fleet with Shelev, to maximize your capital, to maximize your operational efficiencies, and reducing your carbon emissions: Please get in touch. We love to hear from you.

Nghia Bao Huynh, Deputy Director Shelev Vietnam

03.04.2021 / Ho Chi Minh City, Vietnam

Citypost expands its fleet of trucks with Shelev Vietnam

Citypost Express– A leading express postal delivery network in Vietnam has taken delivery of the first 4 operating leasing trucks from Shelev Vietnam

Citypost Express– a nationwide postal delivery firm in Vietnam received delivery of 4 Isuzu trucks from Shelev Vietnam. According to the company, this is the first phase of Citypost’s new expansion plan with a plan to incrase the current fleet with another 20 operating leasing vehicles.

Citypost serves the growing ecommerce and domestic consumer demand. On-demand is the consumer expectation of today. In the wake of increasing globalization, Vietnam’s overseas postal volume is also increasing continuously.

“The new truck operating leasing solution of Shelev is new in Vietnam. Previously there was no such choice. It serves our business well as we focus on expanding our service locations into all provinces quickly. Currently we have postal shops in all 63 provinces and the number is increasing monthly. ” Mr Pham Ngoc Huan, Director at Citypost Express.

Shelev Group offers comfortable tailored fleet rental, leasing and finance solutions, allowing fleet operators to expand their business without own capital investments. Logistics service providers are keen to grow asset-light.

“Shelev is also the first and only commercial fleet operating leasing firm in Vietnam, offering a wide variety of fleets, from box trucks, container trucks, vans to taxis, and potentially busses in future” – Merlin Kwan, Group COO.