Maersk will cut thousands of employees, as weak demand and plummeting freight rates cause revenue to decline. On November 3, Maersk – one of the world’s leading shipping companies – announced that third-quarter revenue decreased by nearly 50% compared to the same period last year, down to 12 billion USD. They said they have cut…
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Vietnam’s trade balance in October continued to have a surplus of 3 billion USD, bringing the total 10-month trade surplus to more than 24.6 billion USD, the highest in 5 years, according to the Ministry of Industry and Trade. This data was said by the Ministry of Industry and Trade in its October industrial and…
According to the Vietnam News Agency correspondent in Seoul, on June 15, a new regular container transport route between Ulsan port (Korea) and Hai Phong port of Vietnam was officially opened. Information from the Ulsan Port Authority said that on the morning of June 15, the first container ship Ever Chaste, with a tonnage of…
Vietnam’s logistics market is experiencing impressive growth rates in emerging markets due to benefiting from the wave of supply chain shifts, along with an optimistic economic growth rate. Since then, Vietnam has the opportunity to become the logistics center of the region. Impressive growth rate Impressive growth rate According to Agility’s annual ranking in 2023,…