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Shopee, Singapore’s leading online retail platform, has recently been penalized VND200 million (US$7,700) by the Vietnam Competition Commission (VCC) due to deceptive advertising practices linked to a free shipping campaign initiated in August 2025. Confusing…
In the first quarter of 2026, Vietnam’s pepper exports rose by 31.7% to a value of US$430 million, despite challenges related to global supply and logistics. The export volume increased by 39.2% to 66,350 tonnes, according to the Vietnam Pepper and Spice…
From the start of the year through October 15, Vietnam exported more than 7 million tonnes of rice. Despite this significant export volume, domestic paddy and rice prices have seen a decline due to reduced purchases from exporters. Rice Export Data The…
SeaCube Cold Solutions (SCS), an affiliate of SeaCube Container Leasing and a leading provider of portable cold storage, announces a new partnership with The Wonderful Company. Under this agreement, The Wonderful Company’s Shafter facility will serve as the…
Sea shipping costs have plunged by over 80% from the previous peak as consumption has dropped amid inflation concerns. Tran Lam Son, CEO of wood and furniture exporter Thien Minh, said that shipping a container to Europe now costs around $1,700, down nearly…
Vietnam’s foreign trade is set to exceed US$700 billion this year, the highest ever, the customs department said. It has risen steadily from $500 billion in 2020 and $600 billion last year. In the first 11 months exports rose bviy 13.4% from a year earlier to…
Many shipping firms have earned profits surpassing their annual target in the first nine months of the year, riding a wave of high demand and high freight rates. The Petrovietnam Transportation Corporation recorded after-tax profits of nearly VND390 billion…
As the world of e-commerce and online shopping continues to grow, so do the shipping options. Where once there were only a few methods to choose from, now there are many different types of shipping that cater to different needs. Here is a look at some of the…
FedEx Express announced last week it has signed an agreement with Guangdong Airport Authority Logistics Company to expand and upgrade the FedEx Guangzhou Gateway by establishing a new operations center at Guangzhou Baiyun International Airport. The new ‘FedEx…
Shipping companies have had one of their best quarters in years with most reporting double-digit growth thanks to high rates. Vinalines, the country’s biggest shipper, saw a near doubling of its profits year-on-year to VND1.43 trillion (US$61.19 million) in…
Many shipping companies have posted a year-on-year surge in profits in Q3, driven primarily by higher freight rates. The Vietnam Maritime Corporation (VIMC) has recorded third-quarter revenues of VND4.127 trillion ($179.4 million), up 71 percent year-on-year,…
In a clear move away from chartering to owning ships, Israeli carrier ZIM Integrated Shipping Services announced the acquisition of seven secondhand vessels – five 4,250 TEU vessels and two 1,100 TEU vessels – for a consideration of approximately $320…
Hanoi will restrict motorbike shippers’ timings to between 9 a.m. to 8 p.m. every day, starting Monday, while requiring continued compliance with all pandemic prevention and safety measures. All shippers, accordingly, will have to furnish a certificate with…
Foreign shipping lines have irrationally imposed several fees and created headaches for domestic exporters, an inspection team has concluded. The Vietnam Marine Administration has reported the findings to the Transport Ministry. The inspection team studied…
Global smartphone shipments will decline during the current quarter (which is the calendar second quarter and runs from April through the end of June). The report said that top brands in the industry including Xiaomi, Oppo, and Vivo, are being impacted by the…
Vietnamese businesses are once again struggling to get containers to export their goods amid a global imbalance in the logistics sector. Bui Thi Ngoc Tuyen, deputy director of Bich Chi Food Company in the southern province of Dong Thap, said as empty…
