The My Thuy Port project, a key infrastructure initiative in Quang Tri Province, Vietnam, is set to complete Phase 1 by 2026. The project, approved by the Prime Minister of Vietnam under Decision No. 16/QD-TTg (January 4, 2019), aims to enhance regional trade and logistics connectivity. After four years of delay, the project was officially…
Ba Ria – Vung Tau, February 17, 2025 – Tan Cang – Cai Mep International Terminal (TCIT) proudly welcomed the inaugural vessel of the EC3 service, operated by the Premier Alliance. The ONE EAGLE, with a capacity of 14,000 TEUs, was the first vessel to call at TCIT under this newly structured alliance. This milestone…
Phuoc An Port: A Key Player in Vietnam’s Logistics Expansion The logistics sector in Vietnam is undergoing a significant transformation with the recent operation of Phuoc An Port, the largest seaport in Dong Nai. With a total investment of 20,000 billion VND and a strategic location along the Thi Vai River, the port is set…
The Rise of Drone Logistics in China China’s logistics industry is experiencing a technological revolution with the increasing adoption of drone logistics for low-altitude delivery. Many regions are utilizing unmanned aerial vehicles (UAVs) to transport goods to hard-to-reach locations such as islands, mountainous areas, and remote villages. This shift is significantly reducing delivery times and…
According to the General Statistics Office, in January 2025, the bilateral trade value between Vietnam and the United States reached 11.1 billion USD. In January 2025, the United States was Vietnam’s largest export market, with an export turnover of 9.8 billion USD. On the other hand, imports from the United States amounted to 1.3 billion…
In 2025, Vietnam’s export target is to achieve a growth rate of over 12%, which means export value is expected to reach $451 billion. To reach this goal, the Ministry of Industry and Trade believes that in addition to boosting production, businesses need to effectively leverage the preferential opportunities provided by Free Trade Agreements (FTAs)….
The goal of a 12% export growth is quite challenging given the current market risks, which require businesses to diversify their markets. A Challenging Export Target for 2025 In the first month of 2025, Vietnam’s total import and export turnover reached over $63 billion, showing a decline in both exports and imports, making the export…
The changes in global shipping alliances starting from 2025 mark a significant turning point for the maritime transportation market. The restructuring of major global shipping alliances, expected to take place from February 2025, is creating ripples across the global shipping industry. The formation of new alliances such as Gemini Cooperation (Maersk and Hapag-Lloyd) and Premier…
Viet Nam’s bilateral relations extend beyond Free Trade Agreements (FTAs) to encompass partnerships that foster deeper trade and economic cooperation. This has positioned Viet Nam as a valuable player in the global supply chain, offering increased investment opportunities and strategic ties to global economies. In 2023, Viet Nam further strengthened its ties with international partners…
The modern – day shipping container is undoubtedly one of the most useful inventions of our time. From the days of hand-loading and unloading cargo boxes and items of different sizes and shapes, we have come a long way. From ordinary corrugated steel containers of the 1950s – 70s, today, we use containers made of high-quality Corten…