Trade relations between Vietnam and Thailand have experienced significant growth in recent years, reflecting the strengthening economic ties between the two nations. Trade Volume: In 2022, the total trade turnover between Vietnam and Thailand reached approximately $21.6 billion. VIETNAM BRIEFING Vietnam’s Exports to Thailand: Vietnam exported goods worth $7.35 billion to Thailand in 2022. The…
Southeast Asia is emerging as one of the world’s new logistics hubs, playing a significant role in the global supply chain. With the continuous growth of international trade and the rise of e-commerce, the demand for modern logistics infrastructure has become more critical than ever. Countries such as Singapore, Thailand, and Vietnam have invested heavily…
Central Vietnam, particularly the areas of Da Nang and Quang Nam, is emerging as a potential logistics hub. With strategic geographical advantages and modern seaport systems, this region holds significant appeal for both domestic and international investors. However, to realize its ambition of becoming a prominent spot on the global logistics map, challenges related to…
Western Australia is set to move its main container port from Fremantle to Kwinana by 2030, in an A$7 billion (US$4.6 billion) shift. Fremantle processes approximately 800,000 TEUs annually and can handle up to 1.4 million TEUs yearly, but with volumes anticipated to exceed 3 million TEUs over the next 50 years, there are concerns…
Vietnam has seen a surge in foreign investments as more companies seeking to avoid US tariffs on goods from China relocate there. IBE Electronics’ factory in Vietnam’s northern Bac Ninh province counts US electric vehicle giant Tesla among its customers. Ms Angel Xu and her husband founded the company in China’s manufacturing capital Shenzhen two…
Đặng Hồng Nhung from the Import-Export Department under the Ministry of Industry and Trade said that Việt Nam was one of the top ten emerging logistics markets, ranking at fourth place in the International Logistics Opportunity Index. This showed the great potential of the Vietnamese logistics market. Nhung also said that the industry had made…
The goals are part of a plan issued by the city’s People’s Committee, outlining key tasks and solutions to enhance logistics infrastructure investment Ho Chi Minh City aims to become a regional logistics service center in Southeast Asia by 2030, and a global logistics hub by 2045. These goals are part of a plan issued…
After a month of valuable learning and experiences with the “MACNELS TALENT 2024″ program, we have together explored and delved deep into the world of logistics. This program has not only provided young people passionate about this field with solid theoretical knowledge but also equipped them with the practical skills needed to become top experts…
COSCO SHIPPING Ports has acquired 12.5% and 30% equity stakes in Thai Laemchabang Terminal (TLT) and Hutchison Laemchabang Terminal (HLT), respectively. The signing ceremony took place in Vietnam on 23 October. The consideration for the acquisition is approximately US$110 million, which includes Berth A2 in TLT, Berths A3, C1-C2 and D1-D3 in HLT, where D1-D3…
Suez and Panama Canal disruptions threaten global trade and development. The disruptions are straining supply chains, driving up costs, and reshaping global trade patterns, with vulnerable economies hit hardest, according to the latest UNCTAD analysis. Canal traffic plumments: Suez stay down, Panama shows signs of recovery. Global trade is facing significant disruptions…