Freight rates (Ocean Freight) from Asia to North America West Coast week 31/2023 continued to increase sharply to $1,959 /FEU, up 7.05% from last week and up 34.82% from last month, according to Xeneta data.
Freight rates from Asia to Northern Europe in the week of 31/2023 spiked to $1,743 /FEU, up 46.84% from last week and up 44.41% from last month, according to Xeneta data.
Freight rates from North America (West Coast) to Asia in the week of 31/2023 decreased slightly 1.06% compared to the previous week to 844 USD/FEU. This price decreased by 0.35% compared to the previous month.
Freight rates from Northern Europe to Asia in the week of 31/2023 decreased slightly by 1.29% compared to the previous week, to 383 USD/FEU. This price decreased by 2.54% compared to the previous month.
On the afternoon of October 1, at the meeting on the socio-economic situation in the first 9 months of 2024, the Department of Planning and Investment of Ho Chi Minh City said that many economic indicators have grown steadily. Notably, export turnover is on a recovery trend and has grown.
In the first eight months of 2024, Vietnam earned nearly VND 4 trillion from tea exports, surpassing the total export revenue of last year.
Australia has made another stride in its agriculture sector by announcing an agreement to export plums to Vietnam in the near future, in addition to the current exports of peaches and nectarines. This project is part of a two-way agricultural market access agreement aimed at providing Australian plums to Vietnam and Vietnamese passion fruit to Australia.
On November 14, 2024, the forum "Da Nang Free Trade Zone – A New Driving Force for the Development of the City’s Logistics Industry" successfully took place, attracting dozens of domestic and international enterprises.
On the morning of November 2, 2024, in response to an invitation from the Board of Directors of FPT University Can Tho, Glotrans HCM joined the 2024 Job Fair and Enterprise Connection Day to network with the university’s leaders and interact with the attending students.
On October 29, according to information from the Vietnam Trade Office in the Philippines (Ministry of Industry and Trade), total bilateral trade between Vietnam and the Philippines reached nearly USD 6.5 billion in the first nine months of 2024, marking an increase of over 20% compared to the same period last year.**
