FIATA World Congress 2025 to attract 1,000 delegates

Tuesday, 17/09/2024 20:30
Vietnam will host the 2025 International Federation of Freight Forwarders Associations (FIATA) World Congress (FWC 2025), according to the Vietnam Logistics Business Association (VLA).

According to Vietnam News Agency, the hosting of the event has been approved by the Ministry of Industry and Trade with support from Prime Minister Pham Minh Chinh, it said.

Photo for illustration

The congress is scheduled to take place at the National Convention Centre in Hanoi from October 6-10, 2025. The event, considered the “Olympics of logistics”, is expected to see the presence of about 1,000 delegates and have a positive impact on various socio-economic aspects of Vietnam.

VLA Chairman Dao Trong Khoa will receive the Talking Stick from the FWC 2024 leadership at the closing session of the 2024 FIATA World Congress taking place in Panama from September 23 to 29.

For almost 100 years, FIATA has been gathering industry leaders and innovators in logistics at its flagship FIATA World Congress to discuss industry challenges and trends, hear perspectives from top industry leaders and their solutions, and exchange and network with supply chain actors from different parts of the logistics industry from all around the world.

This annual event, which takes place around September or October, brings together around 700 to 1,000 participants from the logistics, transport, and cargo industries, as well as observers from other sectors and a number of institutional attendees.

Vietnam-China trade turnover hits nearly 130.8 billion USD

Dragon fruit is one of the items with large export turnover to China (Photo: VNA)

The import-export turnover between Vietnam and China reached nearly 130.8 billion USD in the first eight months of this year, Vietnam News Agency quoted the latest statistics from the General Department of Customs.

Of the figure, Vietnam’s export value was 38.28 billion USD, up 3.9% year-on-year.

Vietnam had 10 items with export turnover of more than 1 billion USD each, including phones and components; computers, electronic products and components; cameras, camcorders and components; fruits and vegetables; and machinery, equipment, tools, and spare parts.

Meanwhile, the country imported goods worth 92.5 billion USD from China, surging by 34.25% compared to the same period last year.

As a result, Vietnam ran a trade deficit of 54.22 billion USD with China in the reviewed period, exceeding the figure of 2023 by nearly 5 billion USD.

Imported goods from the Chinese market are mainly products and raw materials for production of exports such as machinery, equipment, chemicals and chemical products, plastics of all kinds and plastic products, textile materials, leather and footwear, iron and steel, and construction materials.

In recent years, despite the sluggish global trade, Vietnam's import-export growth with China has remained one of the standout bright spots.

Last year, the two-way trade hit 171.2 billion USD. Of the figure, Vietnam's exports stood at 61.2 billion USD (up 6.4%), and imports 110.6 billion USD (down 6.6%).

Currently, China is the first market with two-way trade with Vietnam exceeding 100 billion USD in the January - August period. The import-export turnover between the two countries averagely reaches about 16 billion USD per month.

With the strong improvement in trade during the first half of 2024, the Vietnam-China trade is forecast to approach the 200-billion-USD mark this year.

Vietjet opens sales early for 2.6 million Tet tickets

To help people and tourists planning their flights for Lunar New Year (Tet) 2025, Vietjet opens sales early for 2.6 million tickets for the flying period from January 15, 2025 to February 12, 2025 (December 16 of the Year of Dragon to January 15 of the Year of Snake), reported Vietnam News Agency.

Photo for illustration. (Source: VNA)

People and tourists can easily book Vietjet’s Lunar New Year flight tickets at the website www.vietjetair.com, the Vietjet Air mobile app, booking offices and the official agents worldwide.

Accordingly, ticket prices for flights from Ho Chi Minh City to Da Nang, Buon Ma Thuot, Pleiku, Nha Trang and Dalat start from 890,000 VND (36.22 USD) and from 1.79 million VND for flights from Ho Chi Minh City to Hanoi, Vinh, Thanh Hoa, Hai Phong. The vice versa tickets start from VND0.

“Book early to enjoy discounted prices and convenient flight times for family reunions or spring travel across Vietnam and internationally,” the airline said in its release.

With over 168 routes, Vietjet is ready to serve passengers traveling across Vietnam and worldwide, refresh yourself in the journey to Australia, India, Japan, the Republic of Korea, China, and Southeast Asia with incredibly attractive fare prices and frequent promotions.

Book your tickets now and celebrate the Lunar New Year with Vietjet on joyful flights filled with smiles and reunions, enjoy peace of mind with free Sky Care travel insurance, and savor delicious and hot meals featuring traditional Vietnamese flavors like Chung cake, Pho Thin, Vietnamese Banh Mi and Coffee, Milo milkshake, and iced milk tea,... all served by a dedicated fligh crews delivering heartfelt services, complemented by unique cultural performances at an altitude of 10,000 meters.

The new-age carrier Vietjet has not only revolutionized the aviation industry in Vietnam but also been a pioneering airline across the region and around the world. With a focus on cost management ability, effective operations, and performance, applying the latest technology to all activities and leading the trend, Vietjet offers flying opportunities with cost-saving and flexible fares as well as diversified services to meet customers’ demands.

Vietjet is a fully-fledged member of International Air Transport Association (IATA) with the IATA Operational Safety Audit (IOSA) certificate. As Vietnam’s largest private carrier, the airline has been awarded the highest ranking for safety with 7 stars by the world’s only safety and product rating website airlineratings.com and listed as one of the world's 50 best airlines for healthy financing and operations by Airfinance Journal in many consecutive years. The airline has also been named as Best Low-Cost Carrier by renowned organizations such as Skytrax, CAPA, Airline Ratings, and many others.

Thailand becomes Vietnam’s largest export market in ASEAN

Thailand is Vietnam’s largest export market in ASEAN with a value of 5.23 billion USD, up 7.2% year on year.

According to the General Department of Customs, in the first eight months of 2024, Vietnam - ASEAN trade reached 54.9 billion USD, up 12.5% year on year. Vietnam had a trade deficit of 5.6 billion USD in goods from this bloc.

Thailand is Vietnam’s largest export market in ASEAN. (Photo: congthuong.vn)

In the eight months, Vietnam earned 24.6 billion USD from exporting goods to the bloc, up 12.6% year on year.

Thailand continued to be the largest export market with a value of 5.23 billion USD, up 7.2% year on year. It was followed by Indonesia with 4.15 billion USD and the Philippines with 4.07 billion USD, up 23.6% and 17% respectively year on year.

Also in the billion-USD group, goods exported to Cambodia were valued at 3.52 billion USD, up 3.9% year on year; Malaysia, 3.48 billion USD, up 4.2% and Singapore, 3.46 billion USD, up 26.3%.

Goods exported to six markets with a turnover of a billion USD in the bloc reached a total of 23.93 billion USD, accounting for 97% of the exports to ASEAN.

In the bloc, Myanmar was the only export market with a decrease in turnover, down 36.7% from the same period last year, to 197 million USD.

In contrast, export turnover to Brunei increased by 569% year on year, to 87.7 million USD. Vietnam also earned 429 million USD from exporting goods to Laos, up 20.6% year on year.

During the period, Vietnam spent 30.2 billion USD importing goods from ASEAN, up 12.4% year on year.

Thailand was the highest import market with 7.8 billion USD, up slightly by 1.3% year on year. The other two markets with import turnover of over 6 billion USD were Indonesia with 6.5 billion USD, up 14.5% and Malaysia with 6.14 billion USD, up 22.4% year on year.

Vietnam’s exports to Japan hit over 16 billion USD

Vietnam’s export turnover of goods to the Japanese market reached 16.01 billion USD in the first eight months of 2024, a year-on-year rise of 4.8%.

According to statistics from the General Department of Customs, in August 2024, Vietnam’s export turnover of goods to Japan reached more than 2.27 billion USD, a month-on-month decrease of 1.6%; bringing the figure in the first eight months to 16.01 billion USD, a year-on-year increase of 4.8%.

Vietnam’s exports to Japan hit over 16 billion USD. (Photo: nhandan.vn)

With a population of over 126 million people, Japan is a market with a large demand for imports and consumption of products such as fish and processed fish products, shrimp, eel, meat, meat products, soybeans, cereal products, fresh and processed vegetables, and coffee.

Meanwhile, Vietnam is considered a country with strengths in the above-mentioned products and has the ability to supply the Japanese market.

In August, garments and textiles topped Vietnam’s commodities export turnover to Japan with 453 million USD, a year-on-year rise of 7.3%. They were followed by means of transport and spare parts, nearly 278 million USD, a year-on-year increase of 7.9%; and the group of machinery, equipment, tools and spare parts, 250.6 million USD, a year-on-year rise of 12.1%.

In the first eight months of 2024, textile and garment export turnover in the market reached 2.74 billion USD, a year-on-year rise of 6.6%, accounting for 17.1%. Following was means of transport and spare parts, 1.95 billion USD, up 3.2%, accounting for 12.1%.

In addition, some items achieving export turnover growth in the eight months were computers, electronic products and components, 36.5%; coffee, 41.1%; fertilizers of all kinds, 350.1%; and glass and glass products, 73.3%.

Japan is a potential export market for Vietnam thanks to the preferential tariff advantages from the Free Trade Agreements (FTAs) between the two countries (four FTAs to date, including VJEPA, AJCEP, CPTPP and RCEP). However, Vietnam's export turnover to this country is still quite modest, accounting for only 6.6% of Vietnam’s total export turnover to the world in 2023./.

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