On November 23, 2022, a consultation meeting on bilateral economic and trade cooperation between Vietnam - Poland between Deputy Minister of Industry and Trade Dang Hoang An and Minister of State of the Ministry of Development and Technology of the Republic of Poland, Mr. Grzegor Piechowiak was held at the Ministry of Industry and Trade. At the meeting, the two sides exchanged and discussed contents to promote economic and trade relations between Vietnam and Poland.
The Deputy Minister of Industry and Trade highly appreciated the role and position of Poland, which is an important trade partner of Vietnam in Europe. In the past decade, Poland is a market with a growth rate of two-way total turnover with Vietnam increasing steadily and at a high rate, often reaching over 10% per year. Vietnam is currently Poland's 7th largest trading partner outside the European Union (EU). In the first 10 months of 2022, trade turnover between the two countries reached more than 2.2 billion USD, up 5.6% over the same period, of which Vietnam's exports to Poland reached 1.98 billion USD up 15.6%. The Deputy Minister of Industry and Trade thanked the Polish Government and people for the timely and effective support in providing vaccines and medical equipment to Vietnam during the recent Covid-19 pandemic.
The two sides exchanged cooperation activities to increase two-way trade turnover and take advantage of the incentives from the EVFTA agreement, enhancing investment cooperation between the two countries in the field of Poland with strengths such as the pharmaceutical industry and biotechnology, shipbuilding technology, coal mining, education and training. The Deputy Minister of Industry and Trade asked Poland to support Vietnam in lobbying the European Commission to remove the yellow card for Vietnamese seafood and hoped that the EU-Vietnam Investment Protection Agreement (EVIPA) would soon be approved by the National Assembly Poland ratified.
Mr. Grzegor Piechowiak, State Secretary of the Ministry of Development and Technology of the Republic of Poland, proposed to resume flights between Poland and Vietnam in order to further promote tourism, trade and investment between the two countries, and increase strengthen the connection between businesses through fairs and business forums.
Although the economic and trade relationship between Vietnam and Poland has made remarkable progress, it is not worthy of the potential of the two sides. The two sides agreed to continue exchange channels to support trade promotion activities and connect business communities of the two countries so that economic and trade relations between Vietnam and Poland continue to grow stronger in the near future.
As sustainability continues to gain importance across global business operations, Green Procurement is becoming a key consideration in sourcing strategies and supply chain management
Recent developments in the Middle East continue to have a significant impact on the global logistics industry. The ongoing closure of the Strait of Hormuz, combined with prolonged regional instability, is driving up transportation costs, affecting carrier operations, and placing additional strain on international supply chains.
For many years, logistics was viewed primarily as a back-end support function. Today, amid increasing global trade volatility, logistics has become a strategic factor directly influencing business growth, risk management capability, and long-term competitiveness.
As our Team Building journey in Phu Yen comes to a close, what remains is not only beautiful photos or joyful moments, but a stronger team spirit than ever before.
Our Team Building 2026 journey in Ninh Binh has come to a successful close, leaving us with meaningful memories, stronger connections, and renewed energy for the road ahead.
On the occasion of International Children’s Day (June 1st), GLOTRANS offices and branches nationwide simultaneously organized a meaningful gift-giving program for the children of employees currently working at the Company.
The shipment of food additives was transported in container No. FCIU3301688 (20’), under B/L MPRSMUM1806, on the voyage from Nhavasheva Port (India) to Dinh Vu Port (Hai Phong, Vietnam) on 29/04/2017.
Company T (Plaintiff – the Insured) entered into an insurance contract with Company B (Defendant – the Insurer). After the insured event occurred, the Insurer alleged that the Insured had violated its obligation to prevent and mitigate losses. The Arbitral Tribunal acknowledged that such an obligation exists but concluded that the Insured did not breach it.
Under the insurance contract, the premium was to be paid in three installments, and in all three, the insured party was late in payment. When a dispute arose, the insurer (Defendant) argued that the insurance contract had terminated before the insured event occurred due to the late premium payment and therefore refused to make an insurance payout. However, the Arbitral Tribunal held a contrary view.
