meagre profits for some lead to longer term hopes

Meagre profits for some lead to longer-term hopes

Vietnam witnessed a growth of import-export activities in the first four months of 2021, hitting a 10-year record high despite the pandemic, but profits have been eaten away by high logistics and raw material costs.
esr and bw form joint venture for my phuoc 4 ip in vietnam

ESR and BW form joint venture for My Phuoc 4 IP in Vietnam

ESR Cayman Limited (ESR), the largest Asia-Pacific-focused logistics real estate platform, and BW Industrial Development JSC (BW), the leading logistics and industrial real estate developer and operator in Vietnam, have entered into a development joint venture to develop and own My Phuoc 4 Industrial Park near Ho Chi Minh City.
gdvc licenses hateco groups customs clearance site for post and courier items

GDVC licenses Hateco Group’s customs clearance site for post and courier items

The General Department of Vietnam Customs (GDVC) has recently issued Decision No.1189/QD-TCHQ to grant an operational license for the customs clearance site for post and courier items of Hateco Group. The site is located in Long Bien Inland Clearance Depot in Hanoi.
vingroup to develop another automobile and part manufacturing plant in ha tinh

Vingroup to develop another automobile and part manufacturing plant in Ha Tinh

Vingroup is planning to develop another automobile and parts manufacturing plant and seaport in the central province of Ha Tinh.
services sector expected to expand by 7 8 percent this decade

Services sector expected to expand by 7-8 percent this decade

Vietnam’s services sector is targeting a growth rate of 7-8 percent in the 2021-2030 period, higher than the economy’s average growth rate, and eyeing to account for 50 percent of GDP by 2030.
acts eyes expansion to benefit from regional trade flows

ACTS eyes expansion to benefit from regional trade flows

The new online customs transit management system – the ASEAN Customs Transit System (ACTS) – will benefit ASEAN cross-border traders, with further expansion to more ASEAN member states and EU-ASEAN economic initiatives to intensify in the future. Igor Driesmans, EU Ambassador to ASEAN, and Paul Mandl, team leader of the ARISE Plus Programme, discussed with VIR’s Bich Thuy the system's benefits and future prospects.
removing logistics barriers to unlock potential of mekong detlas agricultural exports

Removing logistics barriers to unlock potential of Mekong Detla's agricultural exports

As logistics costs are hindering the competitiveness of the Mekong Delta’s agricultural exports, experts have proposed ideas to address the challenges.
incident shows need for logistics resilience

Incident shows need for logistics resilience

Last week’s Suez Canal situation caused disruption to some of Vietnam’s exports and imports. Tran Thanh Hai, deputy director of the Ministry of Industry and Trade’s Agency of Foreign Trade, explained more to VIR’s Nguyen Thu on how the event has affected Vietnam’s trade and supply chains.
what awaits logistics in vietnam

What awaits logistics in Vietnam

John Campbell, manager of Industrial Services at Savills Vietnam, outlines the major trends facing the logistics industry in the year coming.
yusen logistics opens new logistics centre in binh duong

Yusen Logistics opens new logistics centre in Binh Duong

On April 5, 2021, Yusen Logistics (Vietnam) Co., Ltd. announced the grand opening of its new Yusen Tan Dong Hiep B Logistics Center in Di An city, Binh Duong province in Vietnam.
vietnam post launches new cutting edge logistics centre in danang

Vietnam Post launches new cutting-edge logistics centre in Danang

State-run Vietnam Post Corporation (VNPost) has launched a fresh logistics centre in Danang, employing the most cutting-edge package sorting system in Southeast Asia.
steel reliance to be reduced in ha tinh

Steel reliance to be reduced in Ha Tinh

The central province of Ha Tinh is striving to change for the better with its first-ever master planning expected to be adopted this year, with focus to be laid on the development of steel, energy, service, tourism, and logistics as the key pillars. However, should the province continue relying on steel manufacturing, which is prone to environmental pollution?
lalamove empowers smes with fast delivery services

Lalamove empowers SMEs with fast delivery services

On-demand delivery platform Lalamove is providing fast delivery services from motorbikes to trucks to serve small- and medium-sized enterprises across Vietnam.
seafood companies under pressure from mounting shipping costs

Seafood companies under pressure from mounting shipping costs

Exporters have been beset by soaring transport expenses this year, with costs of transporting goods to the US soared just after costs to the EU normalised, according to the Vietnam Association of Seafood Exporters and Producers.
suez canal breakdown puts local import and export on edge

Suez Canal breakdown puts local import and export on edge

The Vietnamese government has been angling for solutions to help local goods reach their EU destinations after being held up by the historic shipping blunder at the Suez Canal.