VIETNAM IS THE FIRST COUNTRY OF SOUTHEAST ASIA TO SIGN FTA WITH ISRAEL 27/07/2023
The Vietnam - Israel FTA (VIFTA) was officially signed on July 25, 2023, opening up great opportunities for Vietnamese goods to be exported to the Israeli market.
MARKET NEWS
Implementation plan of the master plan on development of seaport system
Deputy Prime Minister Tran Hong Ha has just signed Decision No. 886 approving the plan, policies, solutions and resources for the implementation of the master plan on development of Vietnam's seaport system in the period of 2021 - 2030 with a vision to 2050.
STORM TALIM LISTED, PAUSES SOME ACTIVITIES AT THE PORTS AND AIRPORTS
At 7:00 am on July 18, Typhoon Talim was 100 km from Mong Cai (Quang Ninh), with the strongest wind of 102 km/h, level 10, expected to enter the Vietnam - China border in 4 hours.
Promote the exploitation of export goods from Laos
As a landlocked country, Laos mainly exports agricultural products, minerals and electricity through border gates to seaports in Southeast Asian countries.
ZIM discontinues ZEX service on transpacific service
ZIM will discontinue its eCommerce Xpress (ZEX) service at the end of March 2023, it will no longer have a port of call in Los Angeles and will focus back on traditional markets in the Pacific Northwest and the US East Coast.
ZIM warns it will stop service on transpacific route if fares are too low
Annual contracts are being negotiated between shippers and container shipping lines on the trans-Pacific shipping route. ZIM warns if rates are too low, the carrier will stop shipping.
OOCL: Container volume declines but profits increase sharply in 2022
Orient Overseas (International) Limited, the parent company of shipping line OOCL, has announced its full-year business results for 2022, with revenue of 19.82 billion USD and profit before interest and tax (EBIT) of 10,089 billion USD.
Economic clusters and linkages in logistics
In fact, for a long time, Vietnam has been interested in regional planning, not only provinces, but also districts have industrial zone planning... However, the capacity to implement economic clusters is only limited to the idea. ideas, planning, not succeeding in practice.
More signs of improvement in air freight
The information in the first 10 days of March 2023 shows that the slight improvement in the air transport market as production in China has increased again, but demand in ASEAN and neighboring markets remained weak as most industries saw a sharp drop in export orders from the EU-US market bloc. Along with China's efforts to restore production, e-commerce and a more vibrant global travel season from the second quarter are expected to reinforce the optimistic signals for the global aviation market