MARKET NEWS

Opportunity to expand the wooden products market in the UK

The UK's main imported wooden furniture products include living room furniture, dining room furniture, wooden frame chairs and bedroom furniture - items in which Vietnam is stron

New Regulations for Handling IMDG Containers at Cat Lai Port from July 1, 2024

In line with the policy of relocating the handling of IMDG (International Maritime Dangerous Goods) containers out of Cat Lai Port (TCCL) to ensure safety and fire prevention for the port and the surrounding areas, TCSG will implement new regulations for IMDG container handling at TCCL starting from July 1, 2024.

Exported goods will grow strongly in the first 5 months of 2024

As of May, total import-export turnover of goods reached 66.62 billion USD, up 9.1% over the previous month and up 22.6% over the same period last year.

Solutions to Promote Rice and Vegetable Exports at the End of 2024

On May 28, at the Ministry of Industry and Trade, Minister Nguyễn Hồng Diên and Minister of Agriculture and Rural Development Lê Minh Hoan co-chaired a meeting to discuss solutions to promote the production and export of rice and vegetables at the end of 2024. Representatives from the Ministry of Home Affairs, various associations, and related units attended the meeting.

Develop dry ports, optimize import and export transportation

The Prime Minister has just approved the master plan on development of the inland port system for the period of 2021 - 2030, with a vision to 2050

Da Nang welcomes a container train bringing goods from the Central region straight to the United States

With a direct journey from Tien Sa port to Long Beach port, the WanHai 362 container train significantly shortens the cargo transport time from Da Nang - United States.

POLA and POLB (USA) continue to decline in volume of goods

Cargo throughput in July for the Port of Los Angeles (POLA) and the Port of Long Beach (POLB) both declined, according to recent reports by each port.

Completed upgrading of wharf No. 1 of Quy Nhon port, ready to welcome large ships

The total length of the berth after upgrading is 480m, ensuring the simultaneous reception of two 30,000 DWT container ships.

Deputy Prime Minister: Comparing North - South shipping costs is more expensive to the US

Logistics costs are still quite high, but comparing North-South transportation is twice as expensive as going to the US, according to Deputy Prime Minister Le Minh Khai.