On October 29, according to information from the Vietnam Trade Office in the Philippines (Ministry of Industry and Trade), total bilateral trade between Vietnam and the Philippines reached nearly USD 6.5 billion in the first nine months of 2024, marking an increase of over 20% compared to the same period last year.**
Of this total, export turnover surpassed USD 4.6 billion, reflecting a 20.7% rise, while imports remained close to USD 1.9 billion, similar to the previous year’s figures.
With this growth trend, it is projected that in 2024, bilateral trade between Vietnam and the Philippines will exceed USD 8 billion for the first time, reaching an estimated USD 8.5 billion, with a trade surplus of over USD 3 billion.
In terms of product categories, 20 out of 35 sectors that Vietnam exports to the Philippines reported positive growth in the first nine months of 2024.
However, some export categories showed a decline, such as seafood, which dropped by 21.2%, and animal feed and raw materials, which decreased by 15.6%.
According to the Vietnam Trade Office in the Philippines, rice remains a leading export from Vietnam to the Philippines, maintaining impressive growth. In the first nine months, Vietnam's rice exports to the Philippines totaled USD 1.98 billion.
For the last three months of the year, it is expected that the Philippines’ demand for rice imports will continue to rise sharply due to increased domestic consumption and losses in the country's end-of-year harvest caused by natural disasters.
Air cargo is heating up again in a very concrete way: speed is no longer just a company advantage—it is increasingly a national advantage. IATA recorded strong global air cargo growth and a record year in 2024, and in 2025 several months continued to set new highs in demand measured by CTK, suggesting this is not a short-lived surge.
Air logistics is entering a new cycle. International demand is rising fast, shippers are prioritizing speed and reliability, and exporters face tighter scrutiny on documentation and origin. In this context, the real question is no longer whether Vietnam should expand air logistics, but how to build capacity in the right architecture—one that scales volumes while strengthening Vietnam’s role in regional supply chains.
In recent years, “logistics digital transformation” has become a familiar buzzword across industry forums. Yet inside many day-to-day operations, the reality remains mixed: different software for different functions, heavy reliance on Excel and phone calls, and data trapped within departmental silos.
In late February 2026, the Board of Directors of Glotrans Vietnam attended a New Year Dinner & Dance hosted by an international partner, marking a meaningful milestone in the increasingly strong and expansive collaboration between Glotrans and its global partner network.
In the joyful atmosphere of the first days of the New Year, Glotrans Vietnam proudly hosted its 2026 New Year Party to welcome the Spring of Binh Ngo, with the presence of the Board of General Directors, the Board of Directors, and all employees across the system, including offices in Hai Phong, Hanoi, Da Nang, Quy Nhon, and Ho Chi Minh City.
Dear Valued Customers and Partners, Glotrans would like to respectfully announce the Lunar New Year holiday schedule for 2026 as follows:
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.
