Vietnam Gears Up for a Logistics Boom: Market Reaches $65.34 Billion by 2029

Vietnam logistics sector revs up for a $65.34 billion future by 2029. E-commerce boom and trade expansion fuel growth. Freight forwarding leads, but express logistics and 3PL gain traction. International players enter, while domestic companies leverage local knowledge. Technology adoption and a focus on sustainable practices shape the future. Vietnam! The logistics industry is poised…

Trends in Global Maritime Trade: Shipping is being shifted towards Far East

The global shipping industry has observed diverse trends among leading container ports worldwide, reflecting significant changes in connectivity and cargo volumes that influence the competitive landscape across the Far East, Middle East and Trans-Atlantic. The Far East continues to spearhead global container shipping, with major ports like Shanghai, Singapore, Ningbo, and Busan at the forefront….

Honoring the Guiding Light: Vietnamese Teacher’s Day 20/11

November 20th marks a day of immense pride and joy in Vietnam – Vietnamese Teacher’s Day. This special occasion is dedicated to recognizing the extraordinary contributions of teachers and educators who play a pivotal role in shaping not just individuals, but society at large. At MN SHIPPING CO., LTD – VIETNAM, we are deeply inspired…

Vietnam-Thailand Trade Relations: Robust Growth and Economic Collaboration in 2022

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 Logistics: A New Force in the Global Supply Chain

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…

Da Nang – Quang Nam: New Driving Forces for Central Vietnam’s Logistics

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’s main container port to relocate from Fremantle to Kwinana

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’s gains from ongoing US-China trade war could be on shaky ground

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…

Việt Nam promotes green logistics

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…