Ensuring Cargo Safety in Import-Export Transportation Import-export (IE) involves the exchange of goods and services between governments, organizations, individuals, or entities from two or more countries. It encompasses various activities such as banking, transportation, insurance, customs procedures, and registration with state agencies. The IE sector plays a crucial role with the following impacts: Enhancing Trade …

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In the context of the continuously evolving international market, the trade relationship between Vietnam and China has reached new heights, with a trade volume reaching $155.7 billion in the first 11 months of 2023. This figure not only stands as an impressive number but also serves as evidence of the robust economic development between the …

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Application of Information Technology by Vietnamese Logistics Enterprises Globalization has opened the door to trade between nations, posing new challenges for transportation, warehousing, and post-logistics services. Expected in the first decades of the 21st century, one of the three important global development trends in the logistics sector is e-logistics. Post-logistics management is a complex field …

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In the context of the European Union’s Green Deal reshaping sustainable export regulations, Vietnamese businesses face numerous challenges but also opportunities. This article will analyze how industries ranging from textiles to coffee can adapt to new standards and capitalize on the green transition while maintaining competitiveness in the EU market. What is the European Green …

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In the ever-growing landscape of global trade, enhancing the sea freight cargo handling process is crucial for cost optimization and improved efficiency. This article will guide you through an exploration of groundbreaking methods, from the application of advanced technology to intelligent management strategies, aimed at optimizing every facet of the cargo handling process. Benefits of …

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What is Air Cargo Transportation Service? Air cargo transportation involves the shipment of goods via dedicated cargo aircraft (Freight) or in the cargo holds of passenger planes. Although air cargo accounts for less than 1% of the total weight of transported goods, it represents around 35% of the world’s commercial trade value. This underscores the …

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International Container Shipping and Logistics Market Update: Week 48 of 2023 Week 48 of 2023 witnessed a stabilization in the global container freight rate index according to Drewry, maintaining at USD 1,382, a 40% decrease compared to the same period last year and 3% lower than the 2019 pre-pandemic average (USD 1,420). Asia – North …

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In 2023, the Vietnamese Freight and Logistics market is estimated to be valued at 45.19 billion USD, with expectations to rise to 65.34 billion USD by 2029. This growth reflects a compound annual growth rate (CAGR) of 6.34% from 2023 to 2029. The logistics sector plays a vital role in Vietnam’s economy, especially as the …

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