MARKET NEWS

CHINA ELECTRIC SUPPLY CRISIS THREATEN THE GLOBAL SUPPLY CHAIN

The factory in the world's largest exporting country, especially a supplier of major technology firms in northeast China, is worried about breaking the supply chain at the end of the year due to severe power shortages.

CHINA PRESCRIBES A 7-DAY QUARANTINE FOR SAILORS, GLOBAL SUPPLY CHAIN ​​HAS BEEN MORE TROUBLED

China's determination to pursue the "zero Covid" strategy is posing an obstacle to the recovery of the shipping industry.

TYPHOON CHANTHU: CHINA EVACUATES TENS OF THOUSANDS OF PEOPLE, CANCELS HUNDREDS OF FLIGHTS

China's Xinhua News Agency reported that the Chinese Ministry of Water Resources warned that Typhoon Chanthu with winds of 151km/h would bring gusts of wind and heavy rain to areas including Shanghai (Shanghai), Zhejiang (Zhejiang) and Jiangxi. To (Jiangsu) suffered heavy rainfall, ranging from 250 to 280mm before the storm made landfall.

MAKE A SCENARIO TO COPE WITH HAI PHONG PORT CONGESTION IF IT IS BLOCKED BECAUSE OF COVID-19

As of August 6, 2021, the number of containers in use in the warehouses and yards of the ports of the Gemadept port group remained stable. Specifically, at Nam Hai Dinh Vu port, which holds about 60% of the port's capacity, Nam Dinh Vu port is about 40%, and Nam Hai port is about 60%.

THE LATEST INFORMATION ON THE SITUATION OF SEAPORTS IN CHINA

The global supply chain faces a new disaster: China's second largest port suddenly stops working, goods are stuck at some of the busiest container ports in the world due to extreme weather in China. like the rainy season brings big storms.”

THE LATEST INFORMATION ON THE SIATUATION OF CAT LAI PORT 

According to Saigon Newport Corporation, currently the number of imported containers in stock at Cat Lai port is increasing rapidly because many factories and enterprises reduce production or stop operating because of the impact of the COVID-19 epidemic. Many regulations on distance and anti-epidemic have adversely affected the receipt and release of cargo ships.

HO CHI MINH CITY CUSTOMS PROPOSE DIRECTION TO REDUCE CONGESTION AT CAT LAI PORT

The Ho Chi Minh City Customs Department and the United States Agency for International Development (USAID) organized a report on the preliminary results of the survey of the Project: “Trade Facilitation: Customs Procedures in Logistics and Anti-Congestion at Cat Lai Port”.

TAIWAN IS A POTENTIAL MARKET FOR SEAFOOD EXPORT

Because it is a small market, recently, Vietnamese seafood enterprises have not really paid attention to the Taiwan market. However, according to the recommendation of the Vietnam Association of Seafood Exporters and Producers (VASEP), Taiwan is a potential market and businesses should have specific plans to gradually dominate.