In reviewing the first quarter’s performance, the General Statistics Organization showed that Vietnam import and export of goods reached 154.27 billion USD (export/import: 79.17 / 75.1 billion USD). The trade surplus with USD 4.07 billion.
Recently, Vietnam appeared as one of the top 10 Emerging Markets Logistics Index 2023 in the report of Agility – a top international big freight forwarding and logistics provider. Agility ranked 50 economies based on four factors.
Late in Mar 2023, The Ocean Shipping Antitrust Enforcement Act was introduced in the US by California Democrats Jim Costa, John Garamendi, Josh Harder, Jimmy Panetta, and South Dakota Republican Dusty Johnson. This Act would address unfair practices that harm American businesses, producers, and consumers, such as unjustified container rate increases and refusing cargo bookings for American exports.
By the end of Mar, Indonesia planned to import 2 million tons of rice into National Reserve and this information was very valuable to big rice exporters like Vietnam.
Will they come back same action plans in the period of 2009-2016 when freight rates were offered very very low to attract cargo?
The demand forecast and benefit of the rocket freight rising led to many mega-ship orders by major container carriers like MSC, Maersk, Huyndai, Evergreen, Cosco, and others.
This year Vietnam and Japan are preparing the celebration of the 50-year cooperation. We see there are a lot of good opportunities for all Vietnamese enterprises to find a chance to cooperate with the Japanese side to improve products, quality, and the consumer market.
Vietnam is one of the biggest global exporters of coffee, mainly Robusta, and reached 4 billion USD in export revenue. However, with about 710,000 ha of coffee plants but only 650,000 ha harvestable with prices and quality are very humble. Why?
With the inflation in many parts of the world due to low demand and consequences of the Russia-Ukraine war, Vietnam’s import and export goods have been reduced significantly compared with the same period last year. How will we work against the difficulties, and any opportunities for development?
PROUD TO BE ONE OF THE BEST PARTNER IN WCA It is proud to us – Voltrans Logistics – to be awarded in the top 3 of Best Partners of Asia in 2022….