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.
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.
The Trump administration is planning to import eggs from Turkey and South Korea while negotiating with other countries in an effort to lower record-high prices for American consumers, officials have confirmed.
On February 13, President of USA's Donald Trump signed a new executive order on tariffs, marking a decisive step in reshaping U.S. trade policy. This order aims to increase import tariffs on trade partners with significant trade surpluses with the U.S., including Vietnam.
On May 18, 2025, Glotrans HCM officially entered its 13 years of operation, marking an ever-growing journey in international logistics and freight forwarding.
Today marks a significant milestone – 13 years of establishment and development of Glotrans Hanoi, under Global Transport and Logistics Limited Company (Glotrans). This is not only a moment to reflect on the journey we have taken, but also an opportunity to express our gratitude to those who have contributed to building a resilient, courageous, and ever-growing Glotrans Hanoi.
Glotrans would like to send to our Customers and Partners the holiday schedule for April 30, 2025 & May 1, 2025 as follows:
