HOW THE OCEAN FREIGHT RATES WILL BE IN THE COMING MONTHS? We have seen a big drop in freight rates in Q3 against the same period last year when the pandemic was at…
NEW MSC SERVICE FOR VIETNAM CARGO IN THE INTRA ASIA – PERTIWI On Jul 30, the new service – Pertiwi of the leading shipping line – MSC marked the first call of MSC…
DOES JIT – “JUST IN TIME” STILL WORK FOR FACTORIES? There was a time, “Lean Just-in-time” is a standard in factories to keep stock or inventory of materials at a minimum level to…
WHEN WILL THE OUTBREAK OF CONTAINER MOVEMENT DEMAND COME TO THE END? This month last year, we saw the rocket freight rates in containers to US and then to other markets from Asia….
To the recent report made by the Vietnam Association of Seafood Exporters and Producers (VASEP), by the end of the first half of this year, Vietnam’s seafood exports are estimated at nearly $5.8…
In Vietnam, we have an old saying that “difficulty reveals wisdom”. We have seen a lot of improvement in logistics since it had introduced in the early ’90s and now after the Covid-19…
From the newest record of GSO, the export turnover for the first half of 2022 is over 710 million USD against import turnover in the total of both reached 317.17 billion USD.
Recently, the Ministry of Finance is gathering comments on a draft Decree promulgating Vietnam’s special preferential import tariffs to implement the ASEAN-China Trade in Goods Agreement for the period 2022-2027 (ACFTA). The Decree is expected to take effect from December 1, 2022.
No one denies the pandemic of Covid-19 caused difficulties to many industries and lives of people; however, it has made a lot of changes in many aspects, especially in logistics either by sea or by air.
In a recent report of Sea-intelligence, it estimate dozen billion dollars lost in the storage of goods either at port or factories’ warehouses due to the port congestion without calculating other factors.