Glotrans HCM is honored to participate in the program "Innovative Saigon - United to Rise" and the Launching Ceremony of the Saigon Chapter Committee for the XII Term (2023 - 2026) held on May 9, 2024. The program attracted the participation of the Standing Committee, the Executive Committee and more than 130 attendees who are members both inside and outside the Young Business Association of Ho Chi Minh City (YBA HCM).
This meaningful event aims to continue the proud story of YBA Saigon over the past 15 years and to extend its journey in the upcoming period.
The program, with the message "United to Rise," serves as an encouragement and motivation for YBA, especially the Saigon Chapter, to continue promoting the spirit of unity, resilience, and together overcoming all difficulties and challenges.
The event "Innovative Saigon - United to Rise" & the launch of the Saigon Chapter Committee - YBA marks an important milestone, demonstrating Glotrans HCM's commitment to accompanying the young business community of HCM City. Glotrans HCM believes that with cooperation and support among the parties, the young business community promises to achieve even greater success in the future.
As global supply chains continue to shift and the air cargo industry enters a new phase of post-pandemic restructuring, Southeast Asia is increasingly positioned as a strategic air logistics hub on the global map
After two hot years driven by e-commerce and disruption in sea freight, the air-cargo market in 2025 is slowing as supply and demand gradually normalize, belly-capacity (passenger-aircraft freight space) recovers and trade policies fluctuate. For Vietnamese companies exporting high-value goods, this is the time to re-calculate the “sea-air mix” to optimize cost, time and shipment certainty.
From January 1, 2025, the FuelEU Maritime regulation officially takes effect, requiring ships to reduce their “well-to-wake” greenhouse gas intensity by 2% compared to the 2020 baseline, with targets rising progressively until 2050. As a result, “green” costs—including scarce alternative fuels, compliance fees, verification expenses, and carbon-related surcharges—are now clearly reflected in the invoices issued by carriers and shippers. FuelEU does not mandate the use of any specific fuel. Instead, it allows operators to choose the optimal combination of solutions—such as blended biofuels, LNG/bio-LNG, wind-assisted propulsion, or operational optimization—as long as the required emission intensity is achieved. In practice, on major European trade lanes, many carriers have already begun introducing separate “Green Compliance Surcharges” rather than incorporating all environmental costs into traditional bunker surcharges.
We wish our valued customers and partners a joyful and happy holiday.
On 23 December 2015, Glotrans Da Nang was officially established under the strategic direction of Glotrans Vietnam, marking an important milestone in expanding our nationwide network across Central Vietnam. From day one, the branch has carried the mission of becoming an efficient logistics gateway, contributing to the enhancement of Glotrans’ nationwide service network.
On the occasion of Vietnamese Teachers’ Day 20/11, Glotrans Vietnam would like to extend our warmest and most respectful greetings to all teachers, trainers, and everyone who tirelessly dedicates themselves to the mission of imparting knowledge.
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.
