May 17, 2022 

In the period 2020 -2021, despite the Covid-19 pandemic and the fierce global trade conflict, the United States maintains its position as Vietnam's largest export market, while Vietnam continues to rise, becoming the 9th largest trading partner of the United States, bilateral turnover reached 111.56 billion USD. Although the US market is an opportunity market for Vietnamese businesses, it is also a challenging market, especially for logistics businesses when shipping rates are constantly fluctuating, and the input requirements are strict,... To discuss and find solutions, logistics enterprises have sat down together to discuss solutions and adaptations in this period.

Talkshow "Morning coffee with HLA" phase 2 around the topic "The consecutive fluctuation of Asia-USA freight - what solutions save for businesses"

On the morning of May 17, 2022, the sharing session "Morning coffee with HLA" phase 2, around the topic "The consecutive fluctuation of Asia-USA freight - what solutions save for businesses" by the Logistics Association of Ho Chi Minh City. Ho Chi Minh City organized, many businesses in the industry have expressed difficulties, and proposed solutions to adapt to the current price fluctuations.

Vice President of Ho Chi Minh City Logistics Association HLA & General Director of ASL Logistics - Ms. Vo Thi Phuong Lan is a speaker in this period who shared useful information, about the actual situation and raised the outstanding issues in sea freight to the US today.

Vice President of Ho Chi Minh City Logistics Association HLA & General Director of ASL Logistics - Ms. Vo Thi Phuong Lan shared at the talkshow

In addition to the positive news such as transportation prices are trending down and businesses are in the process of recovering strongly after Covid, there are also many difficulties such as cont shortages, congestion at ports, costs incurred such as warehousing, and prolonged shipping time.

To solve some of the above problems, businesses have come up with several solutions such as:

• The first is to step up cooperation with enterprises with direct contracts with shipping lines, helping to ensure cont booking and time to transport goods on time, minimizing the risk of falling goods. Currently, MSC is the largest ship transporting goods to ports in the US and has signed contracts with Vietnamese enterprises the most, other shipping lines such as ONE have stable rates but the number of Vietnamese enterprises signed with this company is only counted at the fingertips.

• The second is to increase training for employees when participating in the market of goods shipped to the US. To enter the U.S. market, you must have knowledge and understanding of this market. In addition, businesses need to train employees thoroughly about the operation for employees to avoid mistakes and unwanted risks.

• Finally, managers such as CEOs and chief accountants need to calculate cash flow management when freight rates rise, avoiding financial risks.

Along with the shared contributions of businesses, the meeting "Morning coffee with HLA" has suggested many solutions and opportunities for logistics businesses to "shake hands" with each other, and find solutions suitable for the market.

The talkshow is not only a meeting place to talk about the logistics industry but also an opportunity for companies operating in and outside the logistics sector to have more opportunities to cooperate, develop relationships, and markets, and find the missing pieces for the development of each company.

ASL Logistics provides a reputable, quality shipping solution to the US

ASL logistics is the leading freight forwarder in Vietnam, especially transporting caves to the US with nearly 20 years of experience. We are always the prestigious choice of customers when it comes to completing procedures and shipping goods to the US market. The strengths of ASL logistics can be mentioned as:

• The ASL U.S. branch is located in Los Angeles, Calif., near the main west coast ports that are convenient for exchanging information about goods.

• The Vietnamese management team and staff working at ASL U.S. support customers on language barriers, advising customers on the regulations of US customs when exporting.

• The load on board is always ensured during the peak season, ensuring safe cargo boarding and time to arrive on schedule.

• Variety of shipping schedules and services for customers to choose from by the export schedule

• Owning the AMS (Automatic Manifest System) declared online from Vietnam

• Bond and FMC licenses provide ISF declaration services to importers

• Owning warehouses in the U.S. supplying and distributing goods according to customer's requirements

• Own container trucks and trucks to serve door-to-door service for customers.

• Quick interaction and timely work settlement arise despite the time zone difference between Vietnam and the United States.

Besides FCL container cargo service to the US, ASL Logistics thrives in retail goods and collects retail goods from customers packed in containers and shipped to the US weekly. For any questions, please contact ASL Logistics with the following information:

Head Office: AMERASIAN SHIPPING LOGISTICS CORP.

Address: 31/34A Ung Van Khiem Street, Ward 25, Binh Thanh District, Ho Chi Minh City

Phone: (+84 28) 35129759

Fax: (+84 28) 35129758

Email: sales2@asl-corp.com.vn