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Poor logistics industry retards economy

Demand for logistics services has risen rapidly, but the plan to develop a professional logistics centre in HCM City is still on the drawing board, experts say. In recent years, the country poured money into infrastructure projects, but the lack of a professional logistics industry was retarding the competitiveness of …

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United Nations Convention on Contracts for the International Carriage of Goods Wholly or Partly by Sea (The Rotterdam Rules) signed on Sept. 23, 2009

The new United Nations Convention on Contracts for the International Carriage of Goods Wholly or Partly by Sea, the Rotterdam Rules, describes the rights and obligations of all parties with an interest in the carriage of goods by sea. The Rotterdam Rules bring more clarity regarding who is responsible and …

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Gov’t adopts solutions to attract foreign investment

The Government today issued six urgent solutions to further attract, fruitfully manage and use foreign investment capital in the context of the global economic crisis. First of all, the Government urges ministries, sectors and local authorities to review and update regulations relating to investment and business, issue new preferential policies …

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Logistics boom exposes unqualified workforce

The relatively nascent logistics sector in Vietnam has grown rapidly over the last decade but it is hampered by weaknesses including a dearth of qualified staff and a lack of professionalism, heard a conference Monday. Before 2000, there were not many Vietnamese firms involved in the sector compared to the …

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Indonesian port to penalise traders causing congestion

The Indonesian government is looking to reduce overloading and delays at the Tanjung Priok port by penalising traders who fail to remove goods that clear Customs. A government-appointed team charged with assuring the smooth flow of exported and imported goods will arrange a series of meetings to provide solutions to …

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VN exporters updated on US import regulations

Viet Nam’s food and beverage exports to the US are growing and likely to do so for many years, but manufacturers need to be aware of that country’s requirements, an American expert told a seminar in HCM City yesterday. Seafood being processed at a factory run by the International Development …

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Vietnam extends visa waiver for five European countries

Vietnam’s government has extended a visa waiver program benefiting citizens of five European countries, just before the existing policy expires at the end of this month. This is the second one-year extension Vietnam has given to the visa-free policy applicable to German, French, British, Italian, and Spanish visitors since its …

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Saigon Export Center opens in city

The investment and trade promotion agency of HCMC on July 21 inaugurated Saigon Export Center in District 1 for local enterprises to display their products for export and find potential importers. Pho Nam Phuong, director of the HCMC Investment and Trade Promotion Center (ITPC), said exhibitors at the center at …

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Firms predict export orders will increase

Several export enterprises are optimistic about receiving orders from overseas markets in the second quarter of the year, a survey conducted by the General Statistics Office has revealed. As much as 42.9 per cent of the 3,245 respondents of the survey predicted that export orders would increase in the April-June …

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