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VANTAGE LOGISTICS – STRONG IN SPIRIT, CONNECTED WITH CARE, OVERCOMING THE STORM TOGETHER

Over the past month, Viet Nam has faced a series of extreme weather events, including widespread flooding in the North and Central regions and severe landslides in the Central Highlands. The damage to lives, property, and production has been significant, deeply affecting livelihoods and economic activity. Most notably, in the past week, Typhoon Kalmaegi (Storm No. 13) brought prolonged heavy rainfall, strong winds, and heightened landslide risks across many provinces – especially in Central Viet Nam and the Central Highlands. The growing toll on people and infrastructure has posed major challenges for emergency response efforts. Thanks to decisive leadership from the Government and close coordination across all levels of authority, response and recovery efforts have been swiftly and comprehensively deployed. These actions have helped minimize losses and rapidly stabilize business and production activities. Map of Viet Nam’s seaport system after administrative adjustments Proactive Government – Confident Enterprises Upon early forecasts of Typhoon Kalmaegi’s complex developments, the National Steering Committee for Natural Disaster Prevention issued Directive No. 25/CĐ-BCĐ, urging provinces from North Central to the Central Highlands to activate emergency response plans to protect people and economic infrastructure. Emergency forces were fully mobilized to evacuate residents, safeguard assets, and inspect reservoirs, power grids, transportation, and telecommunications – especially in industrial zones and key logistics hubs. International transport systems, seaports, and airports remained operational, ensuring uninterrupted supply chains – critical for FDI enterprises. Recovery efforts were launched nationwide: electricity, transportation, and communications in key areas – particularly industrial parks and logistics centers – were quickly restored to ensure safe operations. Vantage Logistics – Vantage Logistics – Sharing Strength to Rise After the Storm In this context, Vantage Logistics not only maintained stable operations but also demonstrated strong social and humanitarian responsibility. The “Vantage Family” culture came to life through care, solidarity, and support – especially during these challenging times. From the earliest warnings, the entire Vantage team closely monitored the situation and extended special care to colleagues living and working in areas directly affected by Typhoon Kalmaegi: Many employees faced housing and transportation difficulties due to the storm. A rapid response team was formed to provide both material and emotional support. Timely encouragement and practical assistance empowered employees to stay resilient, maintain morale, and ensure operational continuity. “At Vantage Logistics, we believe every member is more than a colleague – they are a companion in building a shared home rooted in compassion, trust, and sustainable values.”Satellite image of Typhoon Kalmaegi over the Western Pacific Ocean, November 2025. Source: Zoom Earth National Resilience – A Foundation For Global Business This response effort reaffirms Viet Nam’s capacity for disaster risk management and its commitment to maintaining a safe, adaptable investment environment – even amid natural disasters. At the same time, Vantage Logistics has shown that a people-centered corporate culture is a powerful foundation for overcoming adversity and protecting what matters most: people. International partners can place their trust in Viet Nam’s rapid recovery capabilities, government support, and internal solidarity – key factors in ensuring business continuity under any circumstance.

14/11/2025

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Vantage News

7 Steps to Building B2C Export Capabilities: Vantage Logistics Addresses Three Critical Factors for Success in the US Market

As traditional B2B export models face growing challenges, Vietnamese businesses are actively seeking new pathways to reach global consumers directly. On 24 October 2025, A workshop organised by Amazon Global Selling in Ho Chi Minh City brought together local brands and manufacturers in the South who are seeking new growth opportunities as traditional B2B export channels face increasing pressure. The programme introduced a structured 7-step framework for B2C export, providing businesses with a clear roadmap to enter the US and European markets. As a logistics partner supporting hundreds of Vietnamese exporters, Vantage Logistics shared practical insights on how logistics directly influences cross-border performance – from operational cost control and delivery speed to customer experience. The 7-Step Framework for Building B2C Export Capabilities Developed by Amazon Global Selling, the framework enables Vietnamese businesses to build sustainable and scalable B2C operations: Product development Financial planning Team capability building Supply chain flexibility Fulfilment and warehousing optimisation Marketplace account operations Brand building Logistics – The Strategic Engine Behind Steps 4, 5 and 6 In this framework, Vantage Logistics plays a central role where logistics directly determines competitiveness and market access. Vantage Logistics delivers a fully-integrated cross-border service portfolio, including warehousing, fulfilment, last-mile delivery, inventory control and end-to-end transportation from Vietnam to global consumers. Our solutions focus on: Flexible supply chain management – optimising flows from factories to international warehouses Fulfilment and storage solutions – connecting to global warehouse networks, particularly in the United States Cross-border logistics integrated with Amazon systems – enabling smooth marketplace operations “To succeed on Amazon, your supply chain must be adaptable with strong cost controls. Logistics is more than transportation – it is a core driver of competitiveness”, a Vantage representative stated. During the Q&A session, participants raised questions focusing on: Transportation costs and optimisation options Compliance, documentation and customs requirements Inventory planning and international warehouse operations Vantage Logistics addressed these concerns with actionable and scalable solutions, helping businesses confidently expand into the US market. From Vietnamese Factories to U.S. Consumers – No Longer Just a Dream Vantage Logistics is already working with Vietnamese brands to scale their direct-to-consumer exports. By managing warehousing, fulfilment, last-mile delivery, inventory and cross-border execution, we allow businesses to stay focused on product development and brand growth. With an established international partner network, connected warehouse facilities in the US and experienced logistics specialists, Vantage Logistics is closing the gap between Vietnamese manufacturers and global customers – enabling faster, more efficient market access. Ready to enter the US market? Speak to our experts for dedicated one-to-one guidance today! Contact: hannah.sgn@vlc.com.vn

24/10/2025

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Blog

RECYCLING OLD UNIFORMS – TAKING ACTION FOR THE ENVIRONMENT, BUILDING A CULTURE OF SUSTAINABLE DEVELOPMENT (17 SDGs)

Collect Old Uniforms – Exchange for New Ones” kicks off a sustainable initiative to recycle and regenerate used uniforms, promoting the message: Reuse – Recycle – Co-create a sustainable environment. Continuing its commitment to sustainability and corporate social responsibility (CSR), Vantage Logistics has officially launched the initiative “Uniform Rebirth: Old Shirts – New Value”.This initiative integrates the company’s annual uniform distribution with a circular economy approach, reflecting the company’s ongoing effort to build a corporate culture rooted in environmental action. Every Uniform Has a Story. Every Action Creates a Greener Future At Vantage Logistics, a uniform is more than just professional attire – it represents unity, shared experiences and pride in every journey the team has taken together. This year, instead of letting used uniforms reach the end of their life cycle, we are giving them a new purpose – allowing them to continue contributing in a more sustainable way. Rebirth, Not Waste: Acting for SDG 12 Acknowledging the environmental impact of textile waste, Vantage Logistics is implementing this programme to advance the United Nations Sustainable Development Goal 12 (SDG 12): Responsible Consumption and Production. Used uniforms will be sent to a certified recycling partner in Ho Chi Minh City, where they will be processed into industrial materials such as padding and insulation – with a firm commitment to zero landfill waste. “Each uniform carries the pride of its wearer. By giving these uniforms a second life, we preserve and multiply that value – through our responsibility to the environment and the community. This is how we turn our sustainability commitment into tangible action within our corporate culture”, shared a Vantage Logistics representative. Vantage Logistics: From Strategy to Corporate Culture This initiative is more than an internal campaign – it stands as a clear statement of Vantage Logistics’ brand philosophy and sustainable direction: Supply Chain Responsibility: Demonstrating the capability to manage not only cargo but also waste, creating a closed-loop, sustainable ecosystem. Corporate Culture: Inspiring every team member – from BackOffice to Frontline – to take part in daily environmental action. Trusted Partnership: Strengthening Vantage’s position as a reliable logistics partner for global enterprises committed to ESG and sustainable growth. Vantage Logistics believes that consistent, meaningful actions – even the smallest ones – can drive long-term change. Through the Uniform Rebirth initiative, the company continues to build a greener, more responsible logistics industry, contributing positively to the sustainable future of Vietnam and beyond. Join Vantage Logistics in building a greener future – starting from the smallest actions today!

21/10/2025

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Market updates

Viet Nam’s Export and Import 2023

Vietnam’s total export value reached 354.67 billion USD, down 4.6%, equivalent to a decrease of 16.63 billion USD compared to the previous year. In particular, the export of goods by FDI enterprises in 2023 will reach 257.21 billion USD, down 6% (corresponding to a decrease of 16.42 billion USD) compared to 2022. 1. Overview: In 2023, Vietnam’s total import-export value of goods will reach 638 billion USD, down 6.6% (equivalent to a decrease of 92.2 billion USD) compared to 2022. Of which, the export value is 354.67 billion USD, decreased by 4.6%, equivalent to a decrease of 15.8 billion USD; Import value was 327.5 billion USD, down 8.9%, equivalent to a decrease of 31.4 billion USD. The trade balance of goods in 2023 will reach 28 billion USD. The General Department of Customs recorded the total import and export value of enterprises with foreign direct investment (FDI) to 466.27 billion USD, down 8% (equivalent to a decrease of 40.56 billion USD) compared to 2022. In particular, the export of goods of FDI enterprises in 2023 will reach 257.21 billion USD, down 6% (corresponding to a decrease of 16.42 billion USD) compared to 2022. Chart 1: Main export and import markets of goods in 2023 – Source General Department of Customs 2. Viet Nam import and export in 2023 Vietnam’s total import-export turnover with the Asia-Africa region is estimated at 458 billion USD, down 6.7% compared to 2022. The value of imports and exports between Vietnam and other continents are: America: 137.67 billion USD, down 10.6%; Europe: 73.6 billion USD, down 4.1%; Oceania: 15.54 billion USD, down 11.5%. Chart 2: Proportion of increase/decrease in Import and Export of goods compared to 2022 (%) 3.    Vietnam’s export of goods in 2023 Vietnam’s total export value reached 354.67 billion USD, down 4.6%, equivalent to a decrease of 16.63 billion USD compared to the previous year. Of which, machinery, equipment, tools, and other spare parts decreased by 2.62 billion USD; footwear of all kinds decreased by 3.66 billion USD; textiles and garments decreased by 4.27 billion USD; computers, electronic products, and components decreased by 5.61 billion USD; seafood decreased by 1.95 billion USD… Chart 3: Vietnam’s Largest Export Commodity Group 2023 Vietnam’s main export commodity groups in 2023: Phones and accessories: Exports reached 52.38 billion USD, down 9.7% compared to 2022. Of which, exports of this product group to the Chinese market reached 16.87 billion USD, an increase of 3.7%; America reached 7.9 billion USD, down 33.5%; EU reached 7.2 billion USD, up 7.5%; Korea reached 3.51 billion USD, down 30.5%… compared to the previous year. Computers, electronic products & components: Exports to the US reached 17.2 billion USD, up 6.8% over the previous year; China reached 13.5 billion USD, up 9.8%; EU reached 6.5 billion USD, down 14%; Hong Kong reached 5.54 billion USD, down 5.8%… Textiles and garments: Exports to the US reached 14.47 billion USD, down 16.7%; EU reached 3.86 billion USD, down 13.8%; Korea reached 3.05 billion USD, down 7.9%. Japan reaches 4.06 billion USD, equivalent to 2022. Footwear of all kinds: Exports reached 20.24 billion USD, down 15.3% (equivalent to a decrease of 3.66 billion USD) compared to the previous year. Exports to key markets such as the US reached 7.16 billion USD, down 25.5%; EU reached 4.91 billion USD, down 18.1%; China reached 1.87 billion USD, an increase of 9.4%… compared to the previous year. Wood and wood products: In the past year, exports of wood and wood products to the US market reached 7.31 billion USD, down 15.6% and accounting for 54% of the country’s total export value of this product group. Seafood products: Exports to the US reached 1.56 billion USD, down 26.9% (corresponding to a decrease of 57 million USD); Japan reached 1.52 billion USD, down 11.2% (equivalent to a decrease of 19 million USD); China reached 1.34 billion USD, down 15% (corresponding to a decrease of 23 million USD) and the EU reached 952 million USD, down 27.1% (corresponding to a decrease of 348 million USD) compared to the previous year. Vegetables and fruits: The export value of this product group reached 5.6 billion USD, an increase of 66.7% (equivalent to an increase of 2.24 billion USD) compared to the previous year. In 2023, exports will increase mainly due to a sudden increase in durian fruit exports (HS code 0810.60.00). Durian exports reached 2.1 billion USD, up to 1.82 billion USD compared to 288 million USD the previous year. Of which, mainly exported to China with 2.03 billion USD, accounting for 99.4% of the country’s total export value of this product group. Rice: The total amount of rice exported reached 8.1 million tons and the value reached 4.68 billion USD, an increase of 35.3% over the previous year. ASEAN is the main export market for Vietnamese rice, accounting for 61% of the country’s total rice exports. Specifically, rice exports to ASEAN reached 4.9 million tons, up 24% over the previous year. In addition, Vietnamese rice exports to other markets such as China reached 917 thousand tons, an increase of 8%; Ghana reached 587 thousand tons, an increase of 32.9% over the previous year. 4.    Vietnam’s import of goods in 2023 The total value of imported goods reached 326.37 billion USD, down 9.2% compared to 2022. Of these, the sharpest decrease was phones and components down 12.38 billion USD, and machinery, equipment, tools, and spare parts down 3.56 billion USD. billion USD; Automobile components and spare parts decreased by 1.73 billion USD; fabrics of all kinds decreased by 1.69 billion USD. However, computers, electronic products, and components are the only product group with an import increase of over 1 billion USD with a value of 87.96 billion USD, an increase of 6.1 billion USD compared to 2022. Chart 4: Vietnam’s Largest Import Commodity Group 2023 Vietnam’s main import commodity groups in 2023: Computers, electronic products, and components: Import value reached 88 billion USD, up 7.4% over the previous year. Mainly imported from markets: Korea reached 28.75 billion USD, up 23.9%; China reached 23.41 billion USD, down 2.7%; and Taiwan reached 10.18 billion USD, down 8%… compared to 2022. Fuel (including coal, crude oil, petroleum of all kinds, and liquefied petroleum gas): Imported 74.92 million tons of fuel, down 29.6% and reaching a value of 24.2 billion USD, down 4.7% over the year. 2022. Of which, coal of all types is 51.16 million tons, an increase of 61.4%, crude oil is 11.19 million tons, an increase of 9.7%; Petroleum of all kinds is 10.05 million tons, an increase of 13.3%; liquefied petroleum gas was 2.52 million tons, an increase of 27.9%. Mainly from countries: Australia reached 19.9 million tons, up 17.6%; Indonesia reached 19.35 million tons, an increase of 86.3%, Russia reached 4.37 million tons, an increase of 93% compared to 2022. Raw materials and accessories serving the textile, garment, leather, and shoe industries (including cotton, textile fibers, fabrics of all kinds, and raw materials for textiles, garments, leather, and shoes): Total import value reached 21.4 billion USD, down 14%, equivalent to a decrease of 3.9 billion USD compared to 2022. China is the largest market supplying this group of goods to Vietnam, accounting for 50%, with 12.75 billion USD, down 9.3% compared to 2022. Taiwan with 1.94 billion USD, down 25.4%; Korea with 2.18 billion USD, down 13.9%; United States with 1.32 billion USD, down 26.2%.. Phones and components: Import value reaches 8.75 billion USD, down 58.5% compared to 2022. China is the largest market supplying these two product groups with a value of 7.29 billion USD, down 9.5%; followed by the Korean markets with 524 million USD, down 95.4%; India with 74 million USD, an increase of 8 times compared to 2022. Completely Built-Up Car: The number of imported all types is 118,942 units, down 31.5% compared to 2022. Cars with over 9 seats, in 2023, Vietnam will only import 40 cars. Imported CBU cars of all types mainly originate from Thailand and Indonesia, accounting for 75% of the country’s total imports. Of which Thailand is 53,942 units, down 18.1%; Imports from Indonesia are 42,676 units, down 41.3% compared to 2022. Wheat, corn, soybeans, and animal feed: Imports of this product group are 10.55 billion USD, down 10%, equivalent to a decrease of 1.17 USD compared to last year. Mainly imported wheat, corn, soybeans, and animal feed from main markets: Brazil reached 2.83 billion USD, up 18.4%; Argentina reached 2.31 billion USD, down 38.3%, the US reached 1.36 billion USD, up 4.2% compared to 2022. Iron and steel of all kinds: Imported 15.78 billion USD of iron and steel of all kinds and products, down 8.9% compared to 2022. Of which, iron and steel products of all kinds reached 13.33 million tons, up 14.1% in volume but Because the unit price decreased by 23.3%, the import value only reached 10.43 billion USD, down 12.5% compared to the previous year. Mainly from markets: China reached 9.1 billion USD, up 9.1%; Japan reached 1.86 billion USD, down 19.2% and Korea reached 1.79 billion USD, down 16.3%. Source: General Department of Customs, Ministry of Industry and Trade...

05/04/2024

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Vantage News

Vantage Logistics participated in the international exhibition at the World Breakbulk Expo in Shanghai on March 25-26, 2024.

After participating in the exhibition on March 25 and 26, 2024, Vantage Logistics garnered attention at WBX 2024, one of the major events in the global logistics and transportation industry. Vantage Logistics with more than 22 years of experience providing various international transportation services, and developing comprehensive logistics services. World Breakbulk Expo, short for WBX, is an international exhibition of the logistics and transportation industry, focusing on the themes of project cargo and traditional breakbulk in various sectors (industrial, oil and gas, steel, construction, mining, etc.) held annually at the Shanghai World Expo Exhibition and Convention Center (SWEECC). After participating in the exhibition on March 25 and 26, 2024, Vantage Logistics garnered attention at WBX 2024, one of the major events in the global logistics and transportation industry. Vantage Logistics with more than 22 years of experience providing various international transportation services, and developing comprehensive logistics services. With more than 350 employees and an extensive network of operations. In particular, in addition to the core of international transportation, domestic transportation, customs agents, logistics centers/river ports, barges, coastal transportation, warehousing and distribution, and Ship/ NVOCC Agencies…, Vantage also provides comprehensive project and bulk cargo solutions to shippers from a variety of sectors (industrial, oil and gas, steel, mining, construction, etc.) who need to transport by air, sea, road, etc. Vantage Logistics has attracted the attention of visitors and partners by introducing project and bulk cargo transportation services, demonstrating its capabilities in the industry.  Extensive office network, including 8 offices in major seaports and capitals of Vietnam including Ha Noi, Hai Phong, Nghe An, Nghi Son, Da Nang, Quy Nhon, Ho Chi Minh, Ba Ria -Vung Tau 2 offices in Cambodia are Phnom Penh, Sihanoukville Commercial sales agent/port operating for Ho Chi Minh-Sai Gon Hiep Phuoc port, Vinh Tan port, Ben Tre port, VIMC Hau Giang port… Connection and investment Logistics center/ Riverports/ Depot close to industrial zone serves for packing/labeling/storage/shifting to an international port nearby. Heavy lift equipment (SPMT, SPT, 4-6-8-10axle trailers) at trucking yard in Phu My seaport. Customs agent license continuously for many years, allowing Vantage Logistics to provide diverse and high-quality transportation services. Barge/coastal transportation within Viet Nam ports and Phnom Penh Port Cambodia.  Years of experience with team for vessel chartering from ASEAN to worldwide for both break bulk/ bulk/ project oversized heavy lifted cargo… Ms. Truong Thi Ngoc Thuy (Kathy) – Project Director of Vantage Logistics, shared: “We are honored to participate in WBX 2024, where we have the opportunity to introduce our transportation services to the international community. Our success at this exhibition is the result of our commitment to continuously improving the quality of services and the efficiency of our operating network”. Vantage Logistics continues strengthening its position as one of the region’s leading logistics service providers. Images recorded at the exhibition:...

03/04/2024

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Market updates

The Port of Baltimore Suspended operations after the Bridge collapse, which may affect the supply chain and increase in shipping rates to the United States

Baltimore port is one of the major import and export hubs on the East Coast of the US facing paralysis due to the suspension of operations after an accident with a series of trucks and container ships stuck. In the early morning of March 26, 2024, the container ship DALI (being operated by Maersk) departed from the port of Baltimore, Maryland (USA) to Colombo, Sri Lanka, but had trouble with the engine, completely lost power and stalled, leading to loss of control and crashing into the abutment of the Francis Scott Key bridge, Baltimore, causing serious consequences. Baltimore port is facing paralysis due to suspension of operations after an accident with a series of trucks and container ships stuck. Mister Larry Hogan – Maryland’s governor has declared a state of emergency and is deploying federal resources to handle the situation. Baltimore port is one of the major import and export hubs on the East Coast of the US, so this incident is expected to create disruptions in the transportation of goods and could affect the supply chain of goods across the United States. While neighboring ports may be able to assist, capacity issues could cause supply chain difficulties. According to the update, major shipping lines such as MSC, MSK, ZIM, and CMA have temporarily stopped receiving goods at Baltimore port and proposed to use alternative ports such as New York or Norfolk. These decisions lead to increased ship freight prices, due to disruptions in the supply chain. Recently some shipping lines have announced an increase in freight rates for the first half of April about $200-500/box. Vantage will support our customers who were impacted by this lamentable incident in planning and booking alternative transportation and routes. We will keep you informed as the situation develops....

29/03/2024

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Market updates

Two major bottlenecks and the risk of imbalance in the global supply chain

The imbalance in the logistics supply chain may lead to difficulties for cargo owner when facing with rising transportation costs in both inbound materials for production and outbound finished products to foreign markets. Houthi rebels have attacked on cargo vessels passing through the Suez Canal (connecting the Mediterranean with the Red Sea) since November 2023 is the first main bottleneck in the supply chain of the Asia-Europe corridor. To avoid the risk of being attacked, most shipping lines including MSC, CMA, Maersk, ONE, Evergreen, Hapag-Lloyd, and so on …have changed their routes to go pass Africa’s Cape of Good Hope with longer transit time (about 10-15 days compared to the Suez Canal transit schedule) and higher transportation cost (on some routes, ocean freight rates have been increased sharply by 100 – 300%). Vessels passing through the Suez Canal. (Collected image) The second major bottleneck is the limitation of vessels passing the Panama Canal currently. In October 2023, this artificial canal connecting the Pacific and Atlantic Oceans encountered a severe drought although dry season in Panama is usually from December to April of the following year. The Asia – East Coast US corridor is facing the risk of disruption when vessels passing here have to wait for many days. Due to the drought, since November 2023, the number of vessels passing through the canal has been cut from 32 vessels/ day to 24 vessels/ day, and will only be 18 vessels/ day from February 1, 2024 (Source: https://pancanal.com/). Vessels passing through the Panama Canal. (Collected image) The risk of blockage in both the Suez and Panama canals at the same time seriously affects the international supply chain in both the Asia-Europe and Asia-North America corridors. The change in longer shipping routes will lead to an imbalance of empty containers for export markets in Asia in the short term (in the next few weeks) due to returned vessels being severely late compared to the original schedule. That leads to a shortage of empty container supply for shippers in the coming periods. In addition, some shipping lines are likely to shift vessels from the less affected markets to the European, and USA markets to meet these regions’ cargo transport needs. The possibility of shifting vessels from Asia through the East Coast (USA) to the West Coast (USA) will cause a shortage of transport supply capacity for the East Coast, USA. The imbalance in the logistics supply chain may lead to difficulties for cargo owners when facing rising transportation costs in both inbound materials for production and outbound finished products to foreign markets. To promptly respond to the above situation, almost all shipping lines and logistics providers are looking for alternative routes, and solutions to limit the impact and disruption of the global supply chain. At Vantage, we find and update alternative routes of shipping lines invariably to our customers with more choices at commitment: always accompany customers and partners in overcoming arduous and volatile periods of the transportation market. We are always ready to listen and solve your logistics needs. Hotline: +84 909 026 261, Email: info@vlc.com.vn...

08/01/2024

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Vantage News

Vantage Logistics accompanies the Viet Nam Off-road Racing Team at the Rainforest Challenge (RFC) Malaysia in December 2023

The official companion for the Viet Nam team, Vantage Logistics not only handles customs procedures for import and export and transportation for the participating vehicles but also possesses the capability to manage all forms of cargo import and export Success on the racetrack not only comes from the talent of the racers but also stems from the efforts of numerous individuals in the logistical support for each racing team. There is no other sport where logistical support is significant support like racing. In just a few short days at the end of November 2023, the Vantage team tried to provide a quick and optimal solution and worked closely with relevant parties to complete the procedures for the exportation and transportation of the racing vehicles, support vehicles, equipment, and accessories to ensure Team Vietnam’s timely arrival ahead of the competition in Malaysia.” The official companion for the Viet Nam team, Vantage Logistics not only handles customs procedures for import and export and transportation for the participating vehicles but also possesses the capability to manage all forms of cargo import and export. Additionally, we are committed to providing comprehensive advice on compliance solutions, consistently striving for our clients’ success. We are ready to collaborate with relevant authorities to offer flexible and tailored procedural solutions that align with the practical business situations of each enterprise. Rainforest Challenge (RFC) in Malaysia is the largest off-road racing competition in the region (RFC is in the TOP 5 toughest off-road races in the world). Held annually in December, the competition attracts numerous racing teams from typical countries such as Australia, Austria, Russia, Singapore, China, Thailand, Malaysia… Vantage Logistics contributes its part to support the passion for racing in Viet Nam. This project marks an important step forward for Viet Nam in the field of motorsports and the nation. Rainforest Challenge 2023 had extremely attractive performances. Viet Nam team faced difficult terrain and achieved remarkable achievements in the international arena of a new sports adventure of people full of passion and enthusiasm. Partial images from the Rainforest Challenge...

13/12/2023

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Vantage News

Vantage Logistics participated in the 33rd annual Congress of the AFFA – ASEAN Federation of Forwarders Associations in Phnom Penh, Cambodia

Vantage Logistics contributes to promoting the development of Southeast Asia’s logistics industry On December 2, 2023, at NagaWorld Hotel, Phnom Penh (Cambodia), the AFFA – ASEAN Federation of Forwarders Associations organized 33rd annual meeting. Vantage Logistics Corp who is a logistics company with more than 21 years of experience providing a variety of international transportation services, an integrated chain of comprehensive logistics services that bring many benefits to businesses, participated in this congress. To connect to create opportunities to promote logistics development in Viet Nam and the region. Closely linked together and connect logistics within ASEAN to especially bring Viet Nam and Southeast Asian products to global. The 33rd annual Congress of the AFFA-ASEAN provided an important forum for members and participants. This is an opportunity for Vantage Logistics to meet to discuss and strengthen cooperation between the government and logistics businesses in the region. To jointly contribute to the development of the logistics industry, improve the efficiency of the supply chain and increase competitiveness, increase attractiveness to investors, create jobs, and promote the integration process into the region and the world....

11/12/2023

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Vantage News

Handle 1000 CBMs airfreight of furniture export to US in June 2023.

Current low global economy does bad effect on logistics market, especially airfreight transportation, and Vietnam is of no exception. Yet Vantage is still able to achieve a remarkable growth at 44% volume of air cargo transportation compared to the same period in 2022, of which, furniture holds the highest proportion. Current low global economy does bad effect on logistics market, especially airfreight transportation, and Vietnam is of no exception. Data from Vietnam Civil Aviation Authority showed that the airfreight volume of fist half-2023 was only 70% of same period of 2022. Yet Vantage is still able to achieve a remarkable growth at 44% volume of air cargo transportation compared to the same period in 2022, of which, furniture holds the highest proportion. Only in June 2023, and only from Viet Nam to USA, Vantage handled 1000 CBMs. With our passionate and dedicated customer service spirit, we put ourselves in their shoes to understand that in this low economy situation, cost is the priority now for client to win their business and succeed and we provide optimized and cost-saving solution for all chain in logistics   Our 20+ years of experience helps us to identify the challenges in each step of the delivery, from domestic pick up (some factory is 800 kms away from the airport), customs procedure, cut-off time… So we set up a detailed plan for each shipment and monitor closely each step, no matter it is few kilos to thousand of CBM. We assign a special team of experienced members on duty 24/7 during the shipping period to ensure smooth and safety. With airlines partners, we have always proved ourselves an efficient and reputable agent, esteeming each allocation space they provide, and committing to our plan so we have earned their trust and support. Therefore, this time we were fully supported from our airlines partner and were able to secure good space and freight for the shipments. What we achieve after each shipment is not only “another safely delivery” but also the increased binding of our team work, our passionate to client and business. Our Vantage team is grateful for the trust and support from our clients and partners, which allow us to add more beautiful pieces in the transportation industry in general, and the aviation transportation from Viet Nam to the world in particular...

24/07/2023

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Market updates

Summary of Viet Nam Seaport System Capacity 2022

The recent Vietnamese seaport system has been focused on investment with the current scale and technology that reaches internationally, especially the container port system (02 seaports of Viet Nam, Hai Phong, and Ho Chi Minh City are in the top 50 largest container ports worldwide). 1. Viet Nam’s seaport infrastructure As of June 2022, Vietnam’s seaport system currently has 286 ports, distributed in 5 groups of seaports, with a total length of more than 96 km, and infrastructure to meet the throughput of more than 706 million tons per year in 2021. Established gateway ports combining international transshipment in the North and the South; successfully received container ships up to 132,000 DWT at Lach Huyen Wharf (Hai Phong), up to 214,000 DWT at Cai Mep Wharf (Ba Ria – Vung Tau). Table 1: Summary of the current capacity of the Vietnam Port System – Source: Vietnam Maritime Administration (06/2022) Most ports associated with centers and large economic regions of the country have formed large seaports as a focal point for import and export of goods and created motivation to develop the whole region such as: Quang Ninh and Hai Phong associated with the Northern key economic region; Nghi Son, Ha Tinh, Thua Thien – Hue, Da Nang, Quang Ngai, and Quy Nhon associated with the key economic region of the Central region; Khanh Hoa, Ba Ria – Vung Tau, TP. Ho Chi Minh City and Dong Nai associated with the economic zone of the Southeast; Can Tho, Long An, and An Giang associated with the key economic region of the Mekong Delta. 2. Scale and quality of Viet Nam seaport The recent Vietnamese seaport system has been focused on investment with the current scale and technology that reaches internationally, especially the container port system (02 seaports of Viet Nam, Hai Phong, and Ho Chi Minh City are in the top 50 largest container ports worldwide). In 2021, the total amount of goods passed through Viet Nam seaport reached 706.13 million tons, up 2% compared to 2020 in the context of the impact of Covid-19. In particular, exports reached 185.1 million tons, up 4.4%; Domestic goods reached 305.8 million tons, up 6.3%. Particularly container goods reached nearly 24 million TEU, up 7% compared to the previous year. In particular, the volume of goods imported and exported by international transportation of Vietnam’s shipping fleet ship fleet reached a growth rate of 54% (nearly 5 million tons) compared to 2020. The main items of transport on maritime routes travel China, Japan, Korea, Southeast Asia, and some European routes. The volume of goods passed through the seaport in 9 months of 2022 reached 550,2 million tons, up 3.6% over the same period in 2021. Of which export goods reached 134.3 million tons, domestic goods reached 257.5. million tons. Particularly container goods reached 18.9 million TEU, up 2.3% over the same period in 2021. Regarding shipping routes, Vietnam has established 32 routes, of which 25 international transport routes and 7 transport routes Inland, in addition to the inner levels of Asia, the Northern region has exploited two routes to North America; The South has formed 16 train routes away from North America and Europe superior to Southeast Asian countries (only after Malaysia and Singapore). Map 2: Scale of Viet Nam seaport 4. Objectives to 2030 a.       About capacity: Satisfy import-export demand of goods, trade between regions throughout the country, and transshipment and transit goods for countries in the region, as well as domestic and international. The seaport system can handle goods from 1,140 to 1,423 million tons (of which container cargo is from 38 to 47 million TEUs). b.      About infrastructure: Priority is given to the development of international gateway ports, Lach Huyen (Hai Phong), Cai Mep (Ba Ria – Vung Tau). Studying appropriate mechanisms and policies to gradually develop an international transshipment port at Van Phong (Khanh Hoa) to exploit the potential of natural conditions and geographical location. Planning on development orientation of Tran De port (Soc Trang) serving the Mekong Delta so that investment can be deployed when conditions are met; large-scale seaports serving socio-economic development of the whole country or inter-region; large-scale ports serving economic zones and industrial zones; ports in island districts to serve socio-economic development in association with national defense and security and sovereignty over sea and islands. Accordingly, by 2030, according to scale and function, Vietnam’s seaport system will include 5 groups of seaports with 36 seaports, 02 special seaports (Hai Phong, Ba Ria – Vung Tau), 15 seaports of class-I, 06 seaports of class-II, 13 seaports of class-III are expected to meet the throughput of about 1,14 – 1,42 billion tons. In which, the seaports of Thanh Hoa, Da Nang, Khanh Hoa and Soc Trang have the potential to become special seaport.  Map 4.0 of seaport planning 2022-2030 Regarding the orientation of connecting traffic infrastructure, developing railway lines connecting with special-class seaports and class-I seaports on the North-South corridor; to form wharves for inland waterway vessels in seaport waters; highway system connecting with special seaports, national highway system, local roads directly connecting to seaport system. To develop inland ports in economic zones and economic corridors, giving priority to planning locations with favorable connections by inland waterway transport, river and sea transport, expressway, railway to important seaports in the group of seaports Source Vietnam Maritime Administration & Ministry of Industry and Trade — Vantage Logistics provides an integrated chain of comprehensive logistics services: ·         International freight (Sea + Air) ·         Integrated logistics for Food – Agricultural Products – Rice – Frozen Seafood ·         Shipping agency / NVOCC ·         Customs service ·         Warehousing & distribution ·         E-commerce logistics ·         Consulting & Assistance for promoting Viet Nam products to global market Vantage Logistics Corp Phone: +84-28-38267312 – Fax: +84-28-38267313 24/7 Customer service: +84 909 026 261 Website: www.vantage-logistics.com.vn Email: info@vlc.com.vn Head Office: 06.01, Tower A, Rivergate, 151-155 Ben Van Don, District 4, HCMC, Viet Nam...

17/03/2023

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Market updates

Viet Nam’s export and import 2022

In 2022, Vietnam’s merchandise trade with Asia will reach 475,29 billion USD, up 9,6% compared to 2021, continuing to account for the highest proportion (65,1%) in the total value—import and export of the country. 1.      Overview: In 2022, the total import-export value of Vietnam’s goods reached 730,2 billion USD, up 9,1% (equivalent to 61.2 billion USD) compared to 2021. The export value is 371,3 billion USD, up 10,5%, corresponding to 35,14 billion USD increase over the previous year; import value was 358,9 billion USD, up 7,8%, equivalent to 26,06 billion USD. The balance of trade in goods for the whole year 2022 reached 12,4 billion USD, The General Department of Customs recorded the total import and export value of foreign direct investment (FDI) enterprises in 2022 to USD 506.83 billion, up 9,3% (equivalent to USD 43,22 billion) compared to 2021. The export of goods of FDI enterprises in 2022 of FDI enterprises to USD 273,63 billion, an increase of 11,6% (equivalent to an increase of USD 28,5 billion) compared to 2021. It accounted for 73,7 % of total export value of the country. 2.       Import-Export Market In 2022, Vietnam’s merchandise trade with Asia reached 475,29 billion USD, up 9.,% compared to 2021, continuing to account for the highest proportion (65,1%) in the total value—import and export of the country. The import-export value between Vietnam and other continents is respectively: the Americas: 153,73 billion USD, up 10,5%; Europe: 75,45 billion USD, up 2,8%; Oceania: 17,62 billion USD, up 24,3% and Africa: 8,1 billion USD, down 3,9% compared to 2021. Chart 1: Import and export value by continent, country and some major markets in 2022 – Source: General Department of Customs 3.       ExportIn 2022, the total export value of Vietnam reached 371.3 billion USD, up 10.5%, corresponding to 35,14 billion USD increase over the previous year. Which, other machinery, equipment, tools, and spare parts increased by 7,43 billion USD; footwear of all kinds increased by 6,15 billion USD; textiles and garments increased by 4,82 billion USD; computers, electronic products, and components increased by 4,74 billion USD; seafood increased by 2,04 billion USD. Chart 2: Top 10 export groups of Vietnam in 2022 – Source: General Department of Customs Some main export commodity groups:– Phones and accessories: For the whole year of 2022, the export of phones and accessories of all kinds and components reached USD 57.99 billion, up 0.8% compared to 2021. In this group of goods exported to the Chinese market reached 16.26 billion USD, up 7.1%; to the US market with a value of 11,88 billion USD, up 22,5%; to the EU reached 6,7 billion USD, down 15,1%; to Korea reached 5,05 billion USD, up 5,3%… compared to the previous year. – Computers, electronic products & components: exports of computers, electronic products, and components to the US reached 15,94 billion USD, up 25% over the previous year; to the Chinese market reached 11,88 billion USD, up 7,3%; to the EU market reached 6,87 billion USD, up 4,7%; to Hong Kong market reached 5,88 billion USD, down 6,7%; to the Korean market reached 3,38 billion USD, down 3,1%… – Machinery, equipment, tools and spare parts: The main export markets of this group of goods are: the US with 20,18 billion USD, up 13,3%; EU reached 5,76 billion USD, up 32,2%; China reached 3,68 billion USD, up 28,3%; Japan reached 2,76 billion USD, up 7,6%; Korea reached 2,73 billion USD, up 7%… compared to 2021. – Textiles and Sewing: In the past year, exports of textiles and garments to the US market reached 17,36 billion USD, up 7,9%; to the EU reached 4,46 billion USD, up 34,7%; Japan reached 4,07 billion USD, up 25,8%; Korea reached 3,31 billion USD, up 12,1%… compared to 2021 – Footwear of all kinds: Export of all kinds of footwear to key markets in 2022 increased sharply. Specifically, exports to key markets such as the United States reached 9,62 billion USD, up 29.6%; EU reached 5,91 billion USD, up 45,3%; China reached 1,71 billion USD, up 7,3%… over the previous year. – Wood and wood products: In the past year, the export of wood and wood products to the US market reached 8,66 billion USD, down 1,3%; to China reached 2,15 billion USD, up 43,8% and Japan reached 1,89 billion USD, up 31,4%… over the previous year. – Seafood products: In the past year, seafood export value to the US reached 2,13 billion USD, up 4% (equivalent to 82 million USD); Japan reached 1,71 billion USD, up 29% (equivalent to 381 million USD); China reached 1,57 billion USD, up 61% (equivalent to 598 million USD) and the EU reached 1,3 billion USD, up 21% (equivalent to 228 million USD) over the previous year. – Iron and steel of all kinds: compared with the previous year, the amount of iron and steel exported in 2022 only reached 8,4 million tons with a value of 7,99 billion USD, down 35,9% in volume and 32,2% in quantity value (equivalent to a decrease of USD 3,8 billion). The amount of iron and steel exports in 2022 is mainly to the following markets: ASEAN with 3.55 million tons, down 7.1%; EU with 1.55 million tons, down 15%; United States with 682 thousand tons, down 35%… compared to the previous year. In particular, the export volume of iron and steel of all kinds to the Chinese market was only 99,2 thousand tons, while the number of exports to this market last year was up to 2,63 million tons. 4. Import The total import value of Vietnam’s goods in 2022 reached 358,9 billion USD, up 7,8% compared to 2021. In which, the biggest increase was in computers, electronic products, and components, up 6,33 billion USD, corresponding to an increase of 8,4%; petrol and oil of all kinds increased by 4,86 billion USD, equivalent to an increase of 118,5%; chemicals increased by 1,5 billion USD, corresponding to an increase of 19,6%; coal increased by 2,69 billion USD, equivalent to 60,2%; crude oil increased by 2,61 billion USD, equivalent to 50,1% increase… Chart 3: 10 commodity groups with the highest import value in 2022 – Source: General Department of Customs Some main groups of imported goods:– Computers, electronic products, and components: In general, the import value of this commodity group in 2022 reached 81.88 billion uSD, up 8,4% over the previous year. Vietnam mainly imported this group of goods from the following markets: China reached 24,06 billion USD, up 9,6%; South Korea reached 23,2 billion USD, up 14,3% and Taiwan reached 11,07 billion USD, up 15,1%… compared to 2021. – Machinery, equipment, tools, and spare parts: The total import value of this group of goods in 2022 is 45,19 billion USD, down 2,4% compared to the previous year. China continues to be the largest market supplying this group of goods to Vietnam in 2022 with a value of 24,29 billion USD, down 2,5%; followed by the Korean market with 6,24 billion USD, up 2,1%; Japan with 4,29 billion USD, down 3,8%… over the previous year. – Phones and components: For the whole year of 2022, the import value of this product group reached 21,13 billion USD, down 1,6% compared to 2021. Korea is the largest market supplying these two groups of goods to Vietnam in 2022 with a value of 11,49 billion USD, up 7,1%; followed by the Chinese market with nearly 8,06 billion USD, down 12,7%; Taiwan with 414 million USD, up 13,9% compared to 2021. – CBU cars of all kinds: In 2022, the number of imported CBU cars of all kinds is 173,467 units, an increase of 8,5% compared to the previous year. In 2022, CBU cars of all kinds imported to Vietnam are mainly cars with 9 seats or less with 144,912 units, up 32,1%, corresponding to an increase of 35,185 units; followed by trucks with 17,967 units, down 48,3%, corresponding to a decrease of 16,813 units; Other cars were 9,752 units, down 34,9%, corresponding to a decrease of 5,237 units compared to 2021. Particularly for cars with 9 seats, in 2022, Vietnam only imported 836 units. CBU cars of all kinds imported to Vietnam in 2022 are mainly from Thailand and Indonesia, accounting for 75% of the country’s total imports. In which: 72,671 units imported from Indonesia, up 64,2%; imports from Thailand were 72,032 units, down 10.9% compared to 2021. – Petroleum of all kinds: Import volume in 2022 is 8,87 million tons with a value of 8,97 billion USD, a sharp increase of 27,7% in volume and an increase of 118,5% (corresponding to an increase of 4,86 billion USD) in absolute terms compared to 2021. In which, imported diesel oil reached 4.74 million tons, increased by 1.5% and accounted for 54% of imported petrol and oil of the whole country; imported gasoline volume reached 1.7 million tons, increased 2.3 times and accounted for 21%; imported jet fuel reached 1.46 million tons, increased 2,2 times and accounted for 16% of the country’s petroleum imports. The amount of petroleum imported into Vietnam in 2022, mainly from South Korea, is 3,22 million tons, up 96,3%; Singapore was 1,49 million tons, up 17,7% while imports from Malaysia were 1,42 million tons, down 37,7%… – Iron and steel of all kinds: In 2022, iron and steel imports reached 11.68 million tons, down 5.6% but worth 11.92 billion USD, up 3% over the previous year. The volume decreased but the value increased mainly because the unit price of iron and steel imports in the past year increased by 9,2% compared to 2021 (equivalent to an increase of nearly 86 USD/ton). Vietnam mainly imported iron and steel from the following markets: Japan reached 1,91 million tons, up 1,3%, South Korea reached 1,23 million tons, down 17,7% compared to 2021. volume reached 5,1 million tons, up nearly 2%, For the Chinese market, Vietnam’s iron and steel imports from this market in 2022 reached 5,1 million tons, up nearly 2% over the previous year. Meanwhile, iron and steel exports to this market decreased sharply, reaching only 991 thousand tons, down 96,2% compared to 2021. Source: General Department of Customs — Vantage Logistics provides an integrated chain of comprehensive logistics services: ·         International freight (Sea + Air) ·         Integrated logistics for Food – Agricultural Products – Rice – Frozen Seafood ·         Shipping agency / NVOCC ·         Customs service ·         Warehousing & distribution ·         E-commerce logistics ·         Consulting & Assistance for promoting Viet Nam products to global market Vantage Logistics Corp Phone: +84-28-38267312 – Fax: +84-28-38267313 Website: www.vantage-logistics.com.vn Email: info@vlc.com.vn Address: Room 06.01, Tower A, Rivergate, 151-155 Ben Van Don, District 4, HCMC, Viet Nam...

15/03/2023

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