Cosco Shipping - China's shipping giant - and auto manufacturer, FAW Group, have signed a strategic cooperation agreement to develop the supply chain for the automotive industry.
Under the agreement, the two sides will promote joint venture projects, explore emerging markets and develop innovative business models to provide leading solutions for the global automotive supply chain, as well as digitized supply chain ecosystem, green and smart development.
In October this year, Cosco Shipping and FAW Group signed an agreement to transfer shares and transfer 5% of the company's shares to the automaker to expand supply chain cooperation and strengthen business development in another country.
Cosco Shipping believes that the cooperation with FAW Group can further optimize the auto transport model and promote integrated development between advanced manufacturing and modern service industries.
FAW Group is the largest automobile manufacturer and seller in China, expanding its footprint in the global market and exporting new energy automotive products.
In recent years, Vietnam has continuously strengthened its international partnerships and fostered long-term, sustainable relationships with countries around the world, aiming to boost economic growth through trade and global goods exchange.
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.
Glotrans Holiday Notice – Vietnam Independence Day (02/09/2025) Dear Valued Customers and Partners, Glotrans would like to inform you of our Vietnam Independence Day holiday schedule as follows:
On August 15, 2025, the Glotrans family proudly celebrates the 16th anniversary of the company’s establishment (2009 – 2025) – a remarkable milestone that marks our journey of formation, growth, and continuous advancement in both domestic and international logistics markets.
"One Team – One Will – One Journey" – this is not just a slogan, but the very spirit that ran through the 2025 Team Building trip of the Glotrans Da Nang and Glotrans Quy Nhon family.
