In the first eight months of 2024, Vietnam earned nearly VND 4 trillion from tea exports, surpassing the total export revenue of last year.
According to the General Department of Vietnam Customs, Pakistan remained the largest importer of Vietnamese tea, with a value of USD 62.3 million, marking an 11.3% increase compared to the same period last year.
China also showed strong growth, spending USD 13.2 million on Vietnamese tea, more than double the amount from the previous year. While the price of tea exported to Pakistan remained the highest, maintaining over USD 2,000 per ton, prices in other markets ranged between USD 1,600 and USD 1,800 per ton. Notably, despite China tripling its purchase volume, the average tea price in this market only reached USD 1,458 per ton, a decrease of nearly 40%.
Industry experts noted that 2024 is a year of positive signals for tea exports, with many markets increasing their purchase volumes by 50% to 230%. Businesses are hopeful that tea exports in the last four months of the year will reach a new record, potentially surpassing the USD 229 million mark set in 2011.
The Department of Import and Export under the Ministry of Industry and Trade also sees opportunities to expand Vietnam's tea market. However, to remain competitive, the sector needs to focus on improving quality and diversifying products. In addition, businesses should promote the production of organic tea and apply modern processing techniques to enhance product value.
Last year, Vietnam exported about 85,000 tons of tea, earning USD 157 million, currently ranking as the world's 5th largest tea exporter.
Tea exports to the U.S. also saw a significant increase, reaching nearly USD 8 million.
As of the end of August this year, Vietnam exported 92,800 tons of tea, generating USD 162.62 million (approximately VND 3.97 trillion at the exchange rate on September 29), surpassing last year's tea export revenue.
In modern logistics, delays are no longer viewed as mere inconveniences. They can result in significant financial losses, including reduced revenue, dissatisfied customers, increased warehousing costs, disrupted production schedules, and damaged business reputation
From July 1–4, 2026, Glotrans is participating in MTA Vietnam 2026, one of Vietnam's leading international exhibitions for precision engineering, manufacturing, and supporting industries, held at the Saigon Exhibition and Convention Center (SECC), Ho Chi Minh City.
As sustainability continues to gain importance across global business operations, Green Procurement is becoming a key consideration in sourcing strategies and supply chain management
On August 1, 2026, Glotrans Da Nang had the honor of participating in the 2nd Da Nang Business Connecting Day – 2026, organized by the Da Nang Young Entrepreneurs Association at Muong Thanh Grand Quang Nam Hotel
Recently, Glotrans participated in the Vietnam International Logistics Exhibition (VILOG 2026), held at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City.
With nearly two decades of establishment and development, Glotrans has always believed that people are the foundation of a company’s sustainable strength. Therefore, team bonding journeys are valuable opportunities for employees to connect, share, and recharge for the road ahead.
The shipment of food additives was transported in container No. FCIU3301688 (20’), under B/L MPRSMUM1806, on the voyage from Nhavasheva Port (India) to Dinh Vu Port (Hai Phong, Vietnam) on 29/04/2017.
Company T (Plaintiff – the Insured) entered into an insurance contract with Company B (Defendant – the Insurer). After the insured event occurred, the Insurer alleged that the Insured had violated its obligation to prevent and mitigate losses. The Arbitral Tribunal acknowledged that such an obligation exists but concluded that the Insured did not breach it.
Under the insurance contract, the premium was to be paid in three installments, and in all three, the insured party was late in payment. When a dispute arose, the insurer (Defendant) argued that the insurance contract had terminated before the insured event occurred due to the late premium payment and therefore refused to make an insurance payout. However, the Arbitral Tribunal held a contrary view.
