Increase in freight rates raises challenges for export businesses

Increase in freight rates raises challenges for export businesses

VCN - A series of large shipping companies such as Yang Ming Line, One, Evergreen Line, HMM, Maersk... have sent notices of freight rate increase for the change of itineraries on Asia - Europe routes, avoiding going through the Suez Canal and Red Sea area
Water transport - an effective solution to reduce logistics costs

Water transport - an effective solution to reduce logistics costs

VCN - To reduce logistics costs, the Government directs investment in the development of logistics centers and inland ports to promote multimodal transport, continues to review and adjust policies related to prices and shipping charges.
Freight transport estimated at around 191 million tonnes in February

Freight transport estimated at around 191 million tonnes in February

Vietnam’s freight transport was estimated at nearly 191 million tonnes in February, up 27.8% year-on-year, according to statistics from the Ministry of Transport.
Shipping enterprises invest in expanding their fleets

Shipping enterprises invest in expanding their fleets

VCN - In the context of good growth, many enterprises have implemented plans to buy or rent ships to improve their operational capacity, rejuvenate their fleet, and anticipate the recovery of the shipping market after the pandemic.
Rising freight rates force exporters to increase orders at CIF prices to retain customers

Rising freight rates force exporters to increase orders at CIF prices to retain customers

VCN - The constantly increasing international freight rates are forcing Vietnamese exporters to increase orders at CIF prices to retain customers.
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