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vietnam's shipping industry
Update news vietnam's shipping industry
Shipping costs on the rise, hurting exporters' profit margin
Shipping fees for major routes from Vietnam to the EU and the US have surged significantly, cutting into exporters' profits as they have had to spend thousands of dollars in additional cost, said industry insiders and experts.
MoIT proposes key solutions to cope with rising sea freight prices
The Ministry of Industry and Trade (MoIT) has requested local associations and businesses to coordinate implementing key solutions to promote imports and exports as sea freight rates rise.
SSIT welcomes MSC’s first direct European service in Vietnam
On July 12, 2024, the SP-SSA International Terminal (SSIT) marked a significant milestone by welcoming the MSC TOKYO, the first-ever direct European service to Vietnam from the Mediterranean Shipping Company (MSC).
Vietnam strengthens monitoring of shipping costs
In response to soaring freight shipping costs, the Vietnam Maritime Administration has directed relevant agencies to enhance the monitoring of costs and surcharges listed by shipping lines.
Largest made-in-Vietnam bulk carrier launched
The largest-ever made-in-Vietnam bulk carrier was recently launched by Nam Trieu Shipbuilding Company Limited in the northern port city of Hai Phong.
New sea route connects Hai Phong port with RoK’s Ulsan port
The 17,943-tonne container ship Ever Chaste from the Hai Phong port docked at the Republic of Korea’s Ulsan port on June 15, marking the opening of a new regular container shipping route between the two ports.
Some shipping companies confront hardship, some benefit
In the context of rising interest rates and rising US dollar, many port and shipping companies are confronting difficulties, but there are still...
