With the newest FTA signed with Israel, Vietnam has connected with over 60 countries to enjoy 10-20% favor in taxation against others who do not involve in FTAs…..
After the Covid-19 pandemic, many carriers have gained some profits to divert the surplus of capital into other businesses besides traditional activities. One of the interest fields is the port industry, which carriers…
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.
HOW DO VIETNAM ENTERPRISES HANDLE HIGH DEMAND AND STRICTER CHINA’S PROMISING MARKET? After nearly three years of closing for anti-Covid pandemic with strict policies, China just reopened in early Jan 2023. For trading…
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.