Vietnam - China railway transport route from Shijiazhuang City in China to Yen Vien Station in Hanoi, Vietnam is opened on 2rd August 2023. This train departs from Shijiazhuang City, Hebei Province, China to Yen Vien Station with a journey of 2,700 km, taking over 4 days. The train has 23 carriages. This is the first train of the freight route between the two countries, organized jointly by the railway department of Vietnam and China. This train runs straight, helping businesses shorten the transportation time compared to the time of transporting goods at the border as before and more convenient in carrying...
CMA CGM implements new overweight surcharge from Asia to Africa
CMA CGM has announced a new overweight surcharge (OWS) from Asia to Africa, effective in the next month. More specifically, the Maersille-based company said that it will apply a surcharge of US$150 per 20' dry container with a container gross weight of over 18 tons from North East Asia, South East Asia, Mainland China, Hong Kong SAR & Macau SAR and Taiwan to Congo, Democratic Republic of Congo, Angola and Gabon The overweight surcharge will take effect on 14 August, according to CMA CGM's announcement.
VIETNAM AND ISRAEL SIGNED THE FREE TRADE AGREEMENT (VIFTA)
On 25th July 2023, Vietnam and Israel signed the Vietnam - Israel Free Trade Agreement (VIFTA). This is the first FTA between a Southeast Asian country and Israel and the 16th FTA between Vietnam and global partners. The signing of the FTA between Vietnam and Israel marks the result of the tireless efforts of two countries after a period of 7 years with 12 negotiation sessions. And It is more meaningful in the context that the two countries are carrying out many essential activities on the occasion of the 30th anniversary of the establishment of diplomatic relations. Deputy Prime Minister Tran Luu...
OPEN SONG THAN - DONG DANG REEFER CONTAINER TRAIN
On 14th July, 2023, the Vietnam Railways Corporation held the opening ceremony of a reefer container train from Song Than station, Binh Duong province to Dong Dang station, Lang Son province, after which the goods were transferred to inland China. The train has a transport volume of about 900 tons with 21 Mc wagons carrying 40 feer reefer containers, a maximum length of 325 m, a maximum transit time of 72 hours (expected to shorten the transportation time after completing the repair and upgrade package of railway infrastructure). Reefer container trains have a closed refrigeration structure, so goods do not need to...
CMA CGM IMPLEMENTS PEAK SEASON SURCHARGE FROM ASIA TO SOUTH AFRICA
CMA CGM has announced a new peak season surcharge (PSS) from Asia to South Africa that will be effective from 21 August, 2023. The French ocean carrier noted that the surcharge will be US$300 per TEU and will be applied to dry, reefer, out-of-gauge (OOG) and breakbulk cargo. The surcharge will be applied from ports in North East Asia, South East Asia, Mainland China, Hong Kong SAR, Macau SAR and Taiwan to South Africa.
RESTORE OPERATIONS AT MUONG KHUONG BORDER GATE, LAO CAI
Lao Cai Provincial People's Committee has just decided to restore operations at Muong Khuong border gate in Muong Khuong district. It is expected that from 27th July, 2023, activities will be restored at the Muong Khuong border gate (Lao Cai, Vietnam) - Kieu Dau (China) to restore import-export activities through this border gate. In the coming time, Lao Cai Provincial People's Committee will assume the prime responsibility and coordinate with the forces involved in the management of Muong Khuong border gate to organize the restoration of import and export activities through this border gate. At the same time, the Management Board...