Poland is a notable tuna import market in the first months of 2024 with a growth rate of 786% over the same period. According to statistics from Vietnam Customs, canned tuna and frozen tuna meat/loins are two product groups being exported to Poland. Of which, canned tuna is the main export product to this market
Month: November 2024
Seaports increase services to attract goods
In the first months of 2024, import and export goods through many seaports have had positive changes, and port operators have applied many solutions to meet business requirements. Cargo through the port increases In the first quarter of 2024, the volume of goods through Chu Lai port (Quang Nam) reached 810 thousand tons, an increase
Exporting 70 million denim garments per year
Vietnam’s denim apparel exports are showing good growth prospects with many large orders and many new investment projects to take advantage of EVFTA. According to Balaji Enterprises (India), the organizer of the 6th International Denim, Knitwear and Sportswear Supply Chain Exhibition (Denimsandjeans), Vietnam has exported more than 65-70 million denim garments per year and this
Agricultural exports to China grow strongly thanks to the Protocols
The signed Protocols have helped Vietnam’s official agricultural exports to China grow strongly. Specifically, in 2023, it will reach 12.1 billion USD, an increase of 16.4% compared to 2022. In the first 5 months of 2024, it will reach 6.2 billion USD, an increase of 2.9% compared to the same period last year… On June
Positive forecast for pangasius exports in the second half of the year
Pangasius export prices are forecast to improve as demand gradually recovers in major markets and imports increase towards the end of the year to serve the Tet holiday. According to data from the General Department of Customs, in May 2024, Vietnam’s pangasius export turnover reached 167 million USD, up 5% compared to May 2023. Total
Agricultural exports to China grow strongly thanks to the Protocols
On June 6, 2024, in Hanoi, Deputy Minister of Agriculture and Rural Development Hoang Trung had a meeting with Mr. Trieu Tang Lien, Deputy Director General of the General Administration of Customs of the People’s Republic of China, on promoting agricultural products between the two countries through Protocols. On this occasion, Deputy Minister Hoang Trung
Container shipping alliances gradually reduce calls to Hong Kong port
The Port of Hong Kong is being phased out as a major port of call on the east-west trade by major container shipping alliances. From being the world’s busiest container port in the late 1990s, Hong Kong has dropped to 10th place by 2023, handling 14.4 million TEUs, and the decline looks set to continue.
The dominance of the ‘giants’ in maritime container transport
The growth of container shipping has been accompanied by a trend towards market concentration among a small number of super-large carriers. Container shipping plays a key role in global trade, with 163 million TEUs transported in 2022. During the period 1980-2022, the average annual growth rate was 6.1%, compared to 2.8% for maritime transport in
Improved reliability of global container shipping schedules
Container shipping schedule reliability improved in February as diversions from the Red Sea to avoid Houthi attacks began to normalize. Analysts from Sea-Intelligence report an improvement in global shipping schedule reliability for container lines in February 2024, up 1.7 percentage points from January to 53.3%. “After a few weeks of turmoil following the Red Sea