The collapse of Hanjin Shipping will boost the cost to U.S. businesses and consumers of a wide range of imported goods, from furniture and clothing to fresh fruit and frozen meat, according to federal agencies, shippers and retailers. With Hanjin’s future in doubt, carriers have announced they will hike container …
Read More »Vietnam gov’t firm on GDP target
The Vietnamese government is adamant that it will be able to meet an economic growth target of 6.7 percent for this year, despite outlooks suggesting the real rate might be much lower. After the opening of the third session of the 14th lawmaking National Assembly on Monday, Prime Minister Nguyen …
Read More »Vietnam set to approve coal-fired power plants worth $7.5 bln
Vietnam expects to grant investment licences for three coal-fired power plants worth a combined $7.5 billion, the country’s investment minister said. Although Vietnam wants to boost renewable energy output amid resources scarcity and environmental issues, it has been mostly reliant on coal-fired and hydro power plants to meet its annual …
Read More »U.S. companies sign billions in deals with Vietnam
SEATTLE/WASHINGTON – U.S. industrial companies General Electric Co and Caterpillar Inc made deals with Vietnam worth billions of dollars as Vietnamese Prime Minister Nguyen Xuan Phuc continued his three-day trip to the United States. Phuc’s trip included a meeting with President Donald Trump Wednesday afternoon at the White House as …
Read More »Asia Responsible Entrepreneurship Award honors first-ever Vietnamese winner
The ceremony of the Asia Responsible Entrepreneurship Award (AREA) 2017 was held at the Renaissance Bangkok Ratchaprasong Hotel late Friday, with 300 CSR thought leaders and practitioners expected to attend from across the Asian region. A total of 57 CSR programmes across Asia were selected as the recipients of the …
Read More »Foreign tourists experience plowing rice paddies with water buffalo in Vietnam’s Sa Pa
From a rudimentary farming practice, plowing paddy fields with water buffalo has become a unique and immersive tourist experiences for foreign visitors to the small town of Sa Pa in northern Vietnam. Under a beating afternoon sun in the foggy mountains of Lao Cai Province, a group of foreign tourists …
Read More »Cai Lan seaport launches new route linking six nations
ACS international maritime route has been launched at Cai Lan International Container Seaport linking six nations including India, Malaysia, Singapore, Vietnam, China and South Korea on Tuesday. The route has been developed by the alliance of two shipping lines Huyndai Merchant Marine and Gold Star Line. On the same day, …
Read More »Personnel shortage keeps logistics trade backward
Vietnam ranks very low in logistics development among ASEAN members, speakers said at an annual general meeting held last week in HCM City by the Southeast Asian Federation of Forwarders’ Associations. It needs support from more developed members and international logistic associations, they said. Together with Laos and Myanmar, Vietnam …
Read More »Container pavilion at transport logistic China 2010: Asia spurs on container transport worldwide
The International Tank Container Organisation (ITCO) and the Container Owners Association (COA) are sending their members and exhibition containers on a trip to Shanghai in June, where they will be signalling the revival of the container business by taking a container pavilion at transport logistic China. Asia’s most important exhibition …
Read More »Vietnam Striving to Reduce Logistics Costs
Despite being rather a new sector in Vietnam, logistics has proved its importance in the country’s socio-economic development. However, the development of this potential service is facing many big challenges. Burden of costs Logistics is a process which is carried out to minimise costs for the identification of location and …
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