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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 …

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 …

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 …

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 …

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 …

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 …

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 …

Delegations from Vietnam and Japan have closed approximately US$22 billion worth of trade agreements and business deals after what Vietnamese Prime Minister Nguyen Xuan Phuc called a historic conference in Tokyo on Monday. The event’s organizers had to provide an extra 100 seats when 1,600 people showed up at the …

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 …

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 …