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.
According to Bloomberg news, this disruption comes as manufacturers and carriers race against time to meet demand for everything from clothes to children's toys, amid the buying season. Year-end shopping is offered. The global supply chain is already upended by a host of problems, from soaring raw material prices, prolonged congestion at seaports, to a lack of empty containers to store goods.
“THIS IS DEFINITELY A MASSIVE MESSAGE”
Chinese manufacturers warn that strict measures to cut electricity consumption will lead to a decline in manufacturing output in leading localities in this field such as Jiangsu (Jiangsu), Zhejiang (Zhejiang) and Guangdong (Guangdong) - three provinces together account for about a third of China's gross domestic product (GDP). Falling output of goods can push prices up.
Local governments in China are requesting power outages to achieve their goals of reducing energy consumption and emissions. However, some localities suffer from real power shortages.
The power outage follows a recent disruption at Chinese ports, which has had widespread effects throughout the entire global supply chain. Part of the port of Ningbo-Zhou San (Ningbo-Zhou San) had to be closed for several weeks in August due to the Covid outbreak, after the Yantai port in Shenzhen (Shenzhen) had to close in May for the same reason.
As the United States officially imposes countervailing duties of up to 46% on certain export products from Vietnam, the Vietnamese logistics sector is facing significant challenges—including rising operational costs, longer shipping times, and the risk of supply chain disruptions.
It is evident that digitalization has become the defining trend of the modern era. Across all industries and sectors, businesses are shifting from traditional development strategies to automation and digital transformation, aiming to optimize operational efficiency and productivity.
Europe remains one of the most important and promising export markets for Vietnamese enterprises, especially following the implementation of the EU–Vietnam Free Trade Agreement (EVFTA). With a population of over 740 million and a total GDP of approximately USD 18 trillion, the region has a strong and diverse demand for imports ranging from agricultural products and processed foods to industrial goods, electronics, and textiles.
In an effort to continuously enhance our position and expand our global network, Glotrans actively participated in the PPL AGM 2025 Annual Meeting in Hong Kong from May 25 to May 28. This is a key event, providing us with valuable opportunities to enhance our expertise and develop international partnerships.
On May 18, 2025, Glotrans HCM officially entered its 13 years of operation, marking an ever-growing journey in international logistics and freight forwarding.
