Market news
Opportunities for Vietnam’s Passion Fruit Exports to the Australian Market
Australia has made another stride in its agriculture sector by announcing an agreement to export plums to Vietnam in the near future, in addition to the current exports of peaches and nectarines. This project is part of a two-way agricultural market access agreement aimed at providing Australian plums to Vietnam and Vietnamese passion fruit to Australia.
UKVFTA PAVES THE WAY FOR VIETNAMESE TUNA EXPORTS TO THE UK
Vietnamese tuna is enjoying many advantages in the UK market thanks to tariff incentives from the UK - Vietnam Free Trade Agreement (UKVFTA).
Port congestion in Asia may last until the end of August this year
Tình trạng tắc nghẽn cảng biển tại Singapore lan sang Malaysia Các hãng truyền thông quốc tế đưa tin, tình trạng tắc nghẽn tàu container tại Singapore – một trong những cảng biển bận rộn nhất châu Á đang ở mức tồi tệ nhất kể từ đại dịch và hiện đã lan sang các cảng lân cận như các cảng của Malaysia. Điều này rủi ro cho chuỗi cung ứng toàn cầu và gây ra sự chậm trễ trong việc vận chuyển hàng hóa trong khu vực.
Four Bottlenecks Impeding the Flow of Goods at the Cai Mep – Thi Vai Port Cluster
At the seminar "Customs and Enterprises Accompanying to Promote the Flow of Import and Export Goods through the Cai Mep - Thi Vai Port Cluster" on July 31, experts identified four bottlenecks hindering the movement of goods at the Cai Mep - Thi Vai port cluster. These include infrastructure connectivity, policy mechanisms, human resources, and administrative procedures. This port cluster accounts for 90% of the import and export goods through the seaport system of Ba Ria-Vung Tau province and plays an important role not only for Vietnam but also for Southeast Asia.
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 strong. In June 2024, Vietnam's export value of wood and wood products is estimated to reach 1.25 billion USD, an increase of 13.6% compared to June 2023. In total, in the first 6 months of 2024, exports of wood and wood products reached 7.4 billion USD, up 22.2% over the same period last year. Wooden furniture has always been a key export item, reaching 3.8 billion USD in the first 5 months of 2024, an increase of 25.8% over the same period last year.
Market news
SAIGON NEWPORT ANNOUNCES REGULATIONS ON DELIVERY OF IMDG CONTAINER IMPORT AND EXPORT OF SHIPS AT TAN CANG CAT LAI PORT
Implementing the policy of moving and receiving containers containing dangerous goods (IMDG) outside Tan Cang - Cat Lai port (TCCL) to ensure fire and explosion safety for the port and surrounding areas, TCSG will implement regulations new for IMDG container delivery at TCCL port from July 1, 2024.
Market news
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.
Market news
Develop dry ports, optimize import and export transportation
Planning to develop the dry port system in the period 2021 - 2030, with a vision to 2050, ensures inheritance in the development process, maximizes the capacity of existing dry ports, combines review and adjustment to suitable for actual needs.
Market news
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.