Logistic News

EAST COAST CONFLICT EASES AS STRIKE BACKUP IS RESOLVED

EAST COAST CONFLICT EASES AS STRIKE BACKUP IS RESOLVED

17 October 2024

Congestion at US East Coast ports is easing following the ILA strike, while trans-Pacific ocean and air freight rates remain high, Freightos reports.

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RECORD 62% WAGE INCREASE, US WORKERS END STRIKE

RECORD 62% WAGE INCREASE, US WORKERS END STRIKE

04 October 2024

A strike of more than 45,000 workers at a series of US ports that caused billions of dollars in damage has officially ended after reaching an agreement to increase wages by 62%.

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50,000 STACKERS GO ON STRIKE, US ECONOMY IS BLOCKED AND IN DISORDER

50,000 STACKERS GO ON STRIKE, US ECONOMY IS BLOCKED AND IN DISORDER

01 October 2024

Starting October 1 (local time), nearly 50,000 members of the International Longshoremen's Association (ILA) went on strike at ports on the East Coast and Gulf Coast of the US, blocking the flow of many import and export activities in this country.

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TRADE CONNECTION BETWEEN VIETNAM AND SLOVENIA

TRADE CONNECTION BETWEEN VIETNAM AND SLOVENIA

28 September 2024

On the occasion of the 30th anniversary of the establishment of diplomatic relations between Vietnam and Slovenia (1994 - 2024), with the aim of further deepening economic and trade cooperation, the Ministry of Industry and Trade (Vietnam Trade Promotion Agency) in coordination with the Ministry of Economy, Tourism and Sports of Slovenia (Business Development Agency of Slovenia) organized the Vietnam - Slovenia trade forum and signed a Memorandum of Understanding between the Vietnam Trade Promotion Agency (Vietrade) and the Slovenian Business Development Agency (Spirit Slovenia).

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HO CHI MINH CITY ECONOMIC FORUM 2024: DIGITAL TRANSFORMATION, GREEN DEVELOPMENT - THE FOUNDATION OF THE FUTURE

HO CHI MINH CITY ECONOMIC FORUM 2024: DIGITAL TRANSFORMATION, GREEN DEVELOPMENT - THE FOUNDATION OF THE FUTURE

27 September 2024

Within the framework of the Ho Chi Minh City Economic Forum 2024, on the afternoon of September 25, Prime Minister Pham Minh Chinh chaired a policy dialogue session. The message delivered by the Prime Minister demonstrated the Government's determination to transform the economy to adapt and integrate with the world's development.

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VIETNAMESE BUSINESSES FACE CHALLENGES SELLING CROSS-BORDER VIA E-COMMERCE DUE TO HIGH LOGISTICS COST

VIETNAMESE BUSINESSES FACE CHALLENGES SELLING CROSS-BORDER VIA E-COMMERCE DUE TO HIGH LOGISTICS COST

07 September 2024

Although the number of products sold by Vietnamese enterprises on cross-border e-commerce platforms has increased in the past five years, high logistics costs are still the main "barrier" for SMEs.

 

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BUILDING LAO CAI TO BECOME A TRADE CONNECTION CENTER BETWEEN VIETNAM AND ASEAN, CHINA, AND EASTERN EUROPE

BUILDING LAO CAI TO BECOME A TRADE CONNECTION CENTER BETWEEN VIETNAM AND ASEAN, CHINA, AND EASTERN EUROPE

31 August 2024

Focus on investing in logistics infrastructure, warehouses, and yards, especially in Lao Cai Border Gate Economic Zone, to facilitate the development of goods circulation and effectively exploit border gate economy, contributing to building Lao Cai into a center connecting trade between Vietnam and ASEAN countries with the Southwest region - China and further to Eastern Europe...

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IDIAN PORTS OFFER WAGE HIKES TO AVERT DOCKWORKER STRIKE

IDIAN PORTS OFFER WAGE HIKES TO AVERT DOCKWORKER STRIKE

27 August 2024

Indian ports authority proposes wage hike to avert strike by dockworkers, to avoid disruption to trade amid current economic difficulties.

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PROMOTING VIETNAM'S LOGISTICS INDUSTRY STRENGTHS

PROMOTING VIETNAM'S LOGISTICS INDUSTRY STRENGTHS

24 August 2024

In recent years, Vietnam's logistics industry has developed rapidly with an average growth rate of about 14 - 16% per year.

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VIETNAM - SINGAPORE BILATERAL TRADE CONTINUES TO MAINTAIN GROWTH

VIETNAM - SINGAPORE BILATERAL TRADE CONTINUES TO MAINTAIN GROWTH

22 August 2024

After 7 months of 2024, Vietnam maintained its position as Singapore's 12th largest trading partner, with two-way trade turnover reaching more than 18.32 billion Singapore dollars (SGD), up to 9.02% over the same period last year...

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