#Vietnam Transportation Market

[kenresearch1]

Vietnam Logistics Market Flourishes: CEP and Warehousing Sector Generate over USD 5 Bn in 2022, Fueled by Joint Ventures and Modern Warehousing Systems. What Awaits the Future? :Ken Research

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1.Emerging Trends and Developments in Vietnam's Warehousing Market: Joint Ventures, Automation, GSP Warehouse Preference, and Recent Funding Surge.

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Logos Property and Manulife Investment Management joined forces in 2022 to construct an advanced logistics factory, covering an area of over 116,000 sqm and valued over $80 Mn. Moreover, GLP entered the Vietnamese market through a $1.5 Bn joint venture with SLP.

E-commerce companies are utilizing AI-powered warehouses and sorting centers spanning 0.3 Mn sqm to decrease delivery time during peak periods. Tiki NOW Smart Logistics has integrated robots for task execution, enhancing warehouse efficiency and enabling sellers to save 30% - 40% in costs.

Investment in pharmaceutical storage systems or GSP warehouses is increasing in Vietnam, with foreign firms such as DKSH, Zuellig, and Mega making substantial investments to improve cost-efficiency and optimize manpower in warehouses.

Vietnamese on-demand warehousing platform, Wareflex, secured $785,000 in pre-seed funding from Genesia Ventures and Antler. Additionally, Mirae Asset Daewoo Co. and Naver Corporation, prominent South Korean companies, invested $37 Mn in a warehouse located in Bac Ninh, Vietnam.

2.Automation Surge: Vietnam's Growing Demand for Modern Warehouses Driven by Increased Investment in New Technologies.

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Next generation supply chains in Vietnam are utilizing robotics and automation to perform task such as picking, sorting, inspecting, handling to improve overall efficiency and speed to market. Some warehouses are turning to autonomous vehicles to bring merchandise to sortation while Drones & RFID will be used for Inventory Management. The opportunities seem endless which will result in greater efficiency and productivity.

3.Tech Trends Unleashed: Big Data and Augmented Reality Empower Vietnam's CEP Market in Response to Consumer Demand.

Market Maxomony

Vietnam Logistics Market Segmentation

By Service Mix

Freight Forwarding

Warehousing

CEP

Value Added Services

Vietnam Freight Forwarding Market Segmentation

By Mode of Freight

Road Freight

Sea Freight

Air Freight

By Type of Freight

International Freight

Domestic Freight

By Types of Operators

Small Fleet Operator (SFO)

Medium Fleet Operator (MFO)

Large Fleet Operator (LFO)

By End-User

Retail

Oil and Gas

Textiles

Pharma

Others

Vietnam Warehousing Market Segmentation

By Warehousing Types

General/Industrial/Retail

CFS/ICD

Cold Storage

Agriculture and Others

By Warehouse Locations

Northern

Central

Southern

By End-User

Retail

Oil and Gas

Textiles

Pharma

Others

Request a Call with Expert to know more about Latest Trends

Major Players Mentioned in the Report:

Yusen Logistics

Transimex

Gemadept Corporation

Maersk

Kuehne+Nagel

MP Logistics

ITL

Vietnam Post

Viettel Post

Vietnam Maritime Corporation

Expeditors

Bee Logistics

DB Schenker

Vinafrieght Joint Stock Company

CJ Gemadept

Ceva Logistics

GHN Express

DHL VNPL Express

EMS

Key Target Audience

E-Commerce Companies

Third-Party Logistic Providers

Potential Market Entrants

Freight Forwarding Companies

Warehousing Companies

Cold Storage Companies

Industry Associations

Consulting Agencies

Government Bodies & Regulating Authorities

Time Period Captured in the Report:

Historical Period: 2017-2022

Base Year: 2022

Forecast Period: 2022-2027

For More Insights On Market Intelligence, Refer to the Link Below: –

Vietnam Logistics Market Outlook to 2027

Related Reports by Ken Research: –

Indonesia Logistics Market Outlook to 2027

[afeelgoodblog]

The Best News of Last Month - August 2024

1.Negative Power Prices Hit Europe as Renewable Energy Floods the Grid

European power markets are experiencing a notable shift as renewable energy sources, particularly wind and solar, become a larger part of the energy mix. On Wednesday, power prices in several European markets, including Germany, dipped below zero due to a surge in green electricity production.

2. Taiwan introduces ban on performances by captive wild animals

Live performances by wild animals held in captivity, including performances by dolphins, tigers, and other non-domesticated mammals, will no longer be permitted in Taiwan under new Ministry of Agriculture (MOA) regulations.

3. FTC bans fake online reviews, inflated social media influence; rule takes effect in October

The FTC voted unanimously to ban marketers from using fake reviews, such as those generated with AI technology, and other misleading advertising practices.

The ban also forbids marketers from exaggerating their own influence by, for example, paying for bots to inflate their follower count.

4. Chinese drones will fly trash out of Everest slopes

Come autumn, Nepal will deploy heavy lifter drones to transport garbage from the 6,812-metre tall Ama Dablam, south of Everest. This will be the first commercial work an unmanned aerial vehicle does in Nepal’s high-altitude zone.

The heavy lifter from China’s biggest drone maker, Da Jiang Innovations (DJI), will take on tasks traditionally handled by Sherpas. Officials believe it will help reduce casualties on Everest.

5. Swiss scientists have found a way to use the whole cocoa fruit to make chocolate and not just taking beans and discarding the rest.

Kim Mishra (L) and Anian Schreiber (R) cooperated on the new chocolate making process

Food scientists in Switzerland have come up with a way to make chocolate using the entire cocoa fruit rather than just the beans - and without using sugar.

The chocolate, developed at Zurich’s prestigious Federal Institute of Technology by scientist Kim Mishra and his team includes the cocoa fruit pulp, the juice, and the husk, or endocarp.

6. Six-year-old boy found in Vietnam forest after five days

A six-year-old boy who was missing for five days has been found deep in a forest in Vietnam. Dang Tien Lam, who lives in the northwestern Yen Bai province, was playing in a stream with his nine siblings on 17 August when he wandered into the hills and got lost, local reports said.

He was found on Wednesday by local farmers who heard a child's cry while they were clearing a cinnamon field close to the forest.

7. Lego plans to make half the plastic in bricks from renewable materials by 2026

Lego plans to make half the plastic in its bricks from renewable or recycled material rather than fossil fuels by 2026, in its latest effort to ensure its toys are more environmentally friendly.

The Danish company last year ditched efforts to make bricks entirely from recycled bottles because of cost and production issues. At the moment, 22% of the material in its colourful bricks is not made from fossil fuels.

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[zvaigzdelasas]

A joint venture between Vietnamese infrastructure developer Deo Ca Group JSC and Petroleum Trading Lao Public Company (PetroTrade) has been allowed to develop a railway project linking the two countries. General Director of the Deo Ca Group JSC Nguyen Quang Vinh has announced that the Ministry of Transport accepted the joint venture’s proposal on developing Vung Ang – Tan Ap – Mu Gia railway project under the form of Public-Private Partnership (PPP).[...]

The project will be built under the public-private partnership, with a total investment of 149.55 trillion VND (6.3 billion USD). Vung Ang port - the railway’s ending point will play an important role in promoting the the two countries' economic ties through trade exchange and maritime transport, targeting the markets of Northeast Thailand, China, the Republic of Korea and Japan.

19 Oct 23

[beststretchfilm]

How High-Performance Stretch Film Transforms Shipping in Vietnam

Efficient shipping is becoming increasingly vital in Vietnam's booming economy. From bustling markets to high-tech industrial zones, the need for effective transportation and secure packaging has never been greater. Enter high-performance stretch film—a game-changer that's transforming the way Vietnamese businesses handle shipping. This guide will show you how high-performance stretch film can enhance your shipping processes, reduce costs, and improve overall efficiency.

The Basics of Stretch Film

What is Stretch Film?

Stretch film is a highly stretchable plastic film used to wrap products on pallets, ensuring they remain secure during transit. Its primary purpose is to hold loads tightly together, preventing them from shifting, tipping, or getting damaged. This makes it an essential tool in the shipping and logistics industry.

Types of Stretch Film

There are two main types of stretch film—cast and blown. Cast stretch film is produced using a continuous process called casting, which results in a clear, glossy film. It offers excellent clarity, making it easier to identify wrapped products. On the other hand, blown stretch film is manufactured using a blown extrusion process, resulting in a more robust and tear-resistant film with a matte finish. Each type has its own strengths and is suitable for different applications.

Key Attributes of High-Performance Stretch Film

High-performance stretch film boasts several key attributes that set it apart from standard films. These include superior stretchability, puncture resistance, and load retention capabilities. These features ensure that high-performance stretch film provides better protection and stability for your shipments, making it an invaluable asset in the shipping process.

Selecting the Right Stretch Film for Your Needs

Factors to Consider

Choosing the right stretch film involves considering several factors, including the size and weight of your load, as well as the shipping conditions. Heavier loads may require a thicker, more robust film, while lighter loads can be secured with a thinner film. Additionally, consider the shipping environment—will your products be exposed to extreme temperatures or rough handling? These factors will help determine the most suitable stretch film for your needs.

Environmental Considerations

In today's environmentally conscious world, opting for sustainable and eco-friendly stretch films can make a significant difference. Look for films made from recyclable materials or those that use less plastic without compromising on strength and durability. This not only helps reduce your carbon footprint but also aligns your business with global sustainability initiatives.

Cost-Effectiveness

Balancing quality with budget constraints is crucial when selecting stretch film. While high-performance stretch film may come at a higher initial cost, its enhanced durability and efficiency can lead to long-term savings. Invest in quality stretch film to minimize material usage and reduce the risk of product damage during transit, ultimately lowering your overall shipping costs.

Benefits of Using High-Performance Stretch Film

Enhanced Load Stability and Protection

One of the primary benefits of high-performance stretch film is its ability to provide enhanced load stability and protection. The superior stretchability and load retention capabilities ensure that your products remain securely wrapped throughout the shipping process, reducing the risk of damage or loss.

Reduction in Material Usage and Cost Savings

High-performance stretch film is designed to maximize efficiency, requiring less material to achieve the same level of protection as standard films. This reduction in material usage translates to cost savings, making it a cost-effective solution for businesses of all sizes.

Increased Efficiency in Packing and Handling

Using high-performance stretch film can significantly improve the efficiency of your packing and handling processes. Its superior stretchability and puncture resistance mean fewer breaks and interruptions, allowing for smoother and faster wrapping. This increased efficiency can lead to faster turnaround times and improved overall productivity.

Compliance with Vietnamese Regulatory Standards

Adhering to regulatory standards is essential for businesses operating in Vietnam. High-performance stretch film complies with Vietnamese regulatory standards and best practices, ensuring that your shipments meet all necessary requirements. This compliance helps build trust with customers and partners, reinforcing your commitment to quality and reliability.

[loneberry]

The new route Russia is using to export its oil to China. Unfortunately global warming and the melting of the icecaps only benefits Russia geopolitically. What’s the big deal? you might wonder. A 10-day reduction in transport time is huge when it comes to the velocity of capital. Power accrues to the nations that control key maritime trade routes.

*

Between climate change and the new Cold War, the future doesn’t look pretty. China’s economy is imploding thanks to their reliance on a debt-fueled real estate bonanza, their misguided zero COVID policy, and Xi Jinping’s head-scratchingly bad policies (and of course, his consolidation of power). Siding with Russia was a huge mistake… Now China’s biggest export markets are trying to decouple or at least diversify away from them. Youth unemployment is so bad in China (21%, but possibly significantly higher) that the government has decided to stop publishing such data. The Philippines and Vietnam are pivoting toward the US. South Korea and Japan are putting their long, historical feud aside to join forces against China. Japanese military neutrality is over. Meanwhile a tiny island called Taiwan makes over 92% of the world’s advanced semiconductors and will likely be invaded in our lifetime. Will an (economically) weakened China make it more or less likely that Xi will invade Taiwan? (Strongmen facing a domestic crisis and loss of popular support do often start wars as a kind of “gamble for resurrection,” but Xi might have become more risk adverse as he observes Russia’s debacle in Ukraine. Plus, an amphibious invasion is logistically extremely difficult to pull off.)

Defense spending worldwide is skyrocketing, climbing back toward Cold War levels. The lines on the map are hardening, particularly in the Asian/Pacific theater and the European theater. A nuclear trifecta of Russia-China-North Korea is emerging. Yes, it is a marriage of convenience, but quite a dangerous one given that Russia will likely transfer technology (specifically, platforms to deliver nuclear warheads) to North Korea in exchange for Soviet-compatible ammunition/arms to use in Ukraine. I hate feeling like the world is a frog getting boiled but as I finish this 26-part BBC documentary on World War I, I can’t help but feel that the geopolitical situation is very unstable.

Oh, the madness of nation states! Wake me up when it’s over.

[ipeepz-1]

Ngành Du lịch Việt Nam tăng vọt với sự phục hồi đáng chú ý sau đại dịch

The resurgence of Vietnam's tourism sector is a vibrant narrative of resilience and renewal. As the world emerges from the shadow of the pandemic, Vietnam has witnessed a remarkable recovery, with its tourism industry playing a starring role in the nation's economic upturn. From the bustling streets of Hanoi to the serene waters of Ha Long Bay, the country's vast array of cultural and natural wonders are once again open for exploration, offering a beacon of hope and a wealth of opportunities for travelers and locals alike.

Rediscovering the Beauty of Vietnam: A Surge in Visitor Numbers

The Return of the Global Traveler

As international borders reopen and confidence in travel returns, Vietnam has seen a significant increase in visitor numbers. The country's diverse landscapes, rich history, and warm hospitality are drawing tourists back in droves. Data from Vietnam's tourism authorities show an upward trend in arrivals, with figures rivaling and, in some cases, surpassing pre-pandemic levels.

A Focus on Sustainable and Responsible Tourism

In the wake of the tourism sector's revival, there has been a concerted effort to promote sustainable and responsible travel practices. Vietnam is actively enhancing its eco-tourism initiatives, ensuring that the beauty of its destinations remains unspoiled for future generations. From eco-friendly hotels to tours that support local communities, the emphasis is on creating a tourism industry that is both environmentally and socially conscious.

Innovations and Upgrades: Enhancing the Tourist Experience

Infrastructure Improvements for a Seamless Journey

Vietnam's commitment to bolstering its tourism appeal extends to significant infrastructure developments. Upgraded airports, improved transportation links, and enhanced digital connectivity are making travel within the country smoother and more accessible than ever before. These advancements are not only improving the tourist experience but also boosting the sector's contribution to the national economy.

Digital Transformation in the Tourism Industry

A key element of Vietnam's tourism resurgence has been the embrace of digital technology. From virtual tours to online booking platforms, digital innovations are providing travelers with the tools to plan and enjoy their visits with ease. This digital transformation is also enabling the industry to reach a wider audience, tapping into new markets and demographics.

The Road Ahead: A Bright Future for Vietnam's Tourism

Embracing New Markets and Opportunities

As Vietnam looks to the future, the tourism sector is set to expand its horizons. With a strategic focus on untapped markets and an increase in international collaborations, the country is poised to establish itself as a premier destination in Southeast Asia. The introduction of unique travel experiences, cultural festivals, and culinary tours is aimed at showcasing the country's rich heritage and contemporary dynamism to the world.

A Call to Discover Vietnam's Charm

The revival of Vietnam's tourism industry is a story of triumph over adversity. As the country opens its arms to the world once again, it extends an invitation to travelers to rediscover its enchanting landscapes, bustling cities, and tranquil retreats. With its tourism sector set on a path of sustainable growth, Vietnam is not just a destination to visit but a destination to experience, remember, and revisit.

[phantom-trollbooth]

The Difference Between Pepsi and Coke

Can't swim; uses credit cards and pills to combat intolerable feelings of inadequacy; Won't admit his dread of boredom, chief impulse behind numerous marital infidelities; Looks fat in jeans, mouths clichés with confidence, breaks mother's plates in fights; Buys when the market is too high, and panics during the inevitable descent; Still, Pop can always tell the subtle difference between Pepsi and Coke, Has defined the darkness of red at dawn, memorized the splash of poppies along Deserted railway tracks, and opposed the war in Vietnam months before the students, Years before the politicians and press; give him a minute with a road map And he will solve the mystery of bloodshot eyes; transport him to mountaintop And watch him calculate the heaviness and height of the local heavens; Needs no prompting to give money to his kids; speaks French fluently, and tourist German; Sings Schubert in the shower; plays pinball in Paris; knows the new maid steals, and forgives her.

David Lehman

[technologylawyersinvietnam]

How to Establish Travel Services Business in Vietnam?

How to Establish Travel Services Business in Vietnam?

Because passenger transportation is one of the investment areas subject to restrictions for foreign investors in Vietnam, a foreign investor can only form a joint venture with a travel agency in Vietnam to establish a travel services business there.

It is impossible to deny the significant impact that information technology has had on the travel services industry. The utilization of booking reservation framework application on cell phone and web are inescapable that make travel has never been more straightforward. The travel services market would be interesting for a foreign investor to explore. Nonetheless, 100 % foreign owned company is not allowed  to set-up travel services business in Vietnam. Due to the conditionality of this investment area, a Vietnam-based law firm should be consulted to ensure compliance with local regulations.

The application process and documents requirements to establish travel business in Vietnam are briefly

1.Required documents to establish travel business in Vietnam

-Application for the International Travel Business License (form);

-Certificate of business registration (copy – certified)

-Business plan for the international travel agency;

-Tour schedule

-Proof of at least 4 years of experience in international travel business operations

-Certified copies of the tourist guides’ cards whereby at least 3 international tourist guides are required

-Confirmation of bank deposit (as per regulations);

-Proof of offi

2. Business License Application Procedure to establish business in Vietnam

-Submitting the required documents to the appropriate authority (the province or city's Department of Culture, Sports, and Tourism).

-Within 10 working days of receiving a valid application, the province or city's Department of Tourism completes the appraisal records and sends a written request along with the agency's records to Vietnam's Ministry of Culture, Sports, and Tourism. At the point when cases are not qualified for the proposed grant to the state organizations, the commonplace the travel industry office will refer to the particular purposes behind refusal.

Within ten working days of receiving the file and written request from the state agency of tourism in the province, the international travel business must be reviewed and licensed by the state management agency of tourism (VNAT – Ministry of Culture, Sports, and Tourism). In the event of refusal, the service will express the particular motivations to the state and commonplace the travel industry specialists.

3. Number of records

-Submission to the Department of Culture, Sports and Tourism: 01

– Tourism Authority Filed in: 01

ANT Lawyers – a law firm in Vietnam will always follow up with authorities for legal update on matters relevant to investment registration or business registering in Vietnam.

[mekongdeltacity]

Unveiling the Wonders of Vietnam's Mekong River: Nature, Culture, and Adventure

The Mekong River, one of the longest rivers in the world, flows through six countries in Southeast Asia, including Vietnam. The river is a vital part of the country's economy, culture, and ecology. The Mekong River in Vietnam is home to a diverse array of flora and fauna and plays a critical role in providing water for irrigation, transportation, and fishing.

The Mekong River originates in the Tibetan plateau and flows through China, Myanmar, Laos, Thailand, Cambodia, and Vietnam before emptying into the South China Sea. In Vietnam, the Mekong River flows through several provinces, including An Giang, Dong Thap, Can Tho, and Vinh Long. The river plays a significant role in the region's agriculture, providing water for rice cultivation, fruit orchards, and fish farms.

One of the highlights of the Mekong River in Vietnam is the famous floating markets, which are unique to the region. These markets are a hub of activity, with vendors selling fresh produce and handicrafts from their boats. The most famous floating market is the Cai Rang Market in Can Tho, which attracts visitors from all over the world. The market is open every day, with the busiest time being early in the morning.

Another unique feature of the Mekong River in Vietnam is the many traditional villages that line its banks. These villages offer visitors the chance to experience the local culture and learn about traditional crafts such as mat weaving, rice noodle making, and coconut candy production. Visitors can also see the unique architecture of the region, including stilt houses that are designed to protect against flooding.

The Mekong River in Vietnam is also home to several ecotourism sites, which offer visitors the chance to explore the natural beauty of the region. One such site is the Tram Chim National Park, a protected area that is home to a diverse array of bird species, including the endangered Sarus Crane. Visitors can take a boat ride through the park, spotting birds and other wildlife along the way. Another popular ecotourism site is the Tra Su Cajuput Forest, a vast mangrove forest that is home to several rare and endangered species.

The Mekong River in Vietnam also plays a critical role in the country's transportation system. The river is a major thoroughfare, with boats and barges transporting goods and people up and down the river. Visitors can take a boat tour along the Mekong River, exploring the region's waterways and stopping at various villages and ecotourism sites along the way.

Food is an essential part of the Mekong River in Vietnam's culture, and visitors can sample some of the region's most famous dishes on their tour. One of the must-try dishes is the fish hotpot, a hearty stew made with fresh fish, vegetables, and spices. Another local specialty is the banh xeo, a crispy pancake that is filled with bean sprouts, pork, and shrimp.

In conclusion, the Mekong delta tours in Vietnam is a remarkable region that offers visitors a unique blend of culture, history, and natural beauty. Whether you're interested in exploring traditional villages, browsing floating markets, or immersing yourself in the region's ecotourism sites, a trip to the Mekong River in Vietnam is sure to be an unforgettable experience. So why not book your tour today and discover the wonders of this remarkable river?

[aiautos]

Top: GM XM-0111 Prototype Bottom: M-0110 Pre-Production model at a civilian air show

The 1959-1963 US Army FTV Contract (Flying Transport Vehicle) was a contract to make a squad-accessible, flying vehicle, nicknamed the Flying Jeep, as a concept. The program was proposed in 1958, and the first full-scale mock-ups were built in 1960. Flying prototypes were made by the final 2 contestants, General Motors, with the GM XM-0111A, and the Ford-Cessna XM-0110A. In the end, the GM prototype won out, being the "Flying Jeep" used in Vietnam, but later being phased out by the Huey helicopter as a better, higher capacity transport, with more usage options. The M-0111 (with models spanning from A to D) was produced from August 1961 (the first prototype, XM-0111) to December 1969, with the M-0111D being the last. A total of 5,260 were built across the four main variants. They are in common use today for transporting goods across inhospitable places like the bush, where they’re admired for their lightness and off-road capability (though they are more fragile and expensive to maintain than their traditional strictly-air counterparts). During army service, they did not require full trained pilots due to their low service ceiling of 2,000 feet in early models, though on the civilian market they are considered experimental light sport aircraft and require both a drivers license and a twin engine pilot's license. Around 800 are registered in the USA alone, with some still in military service in countries like Chile, Argentina, Panama, and Liberia, as light, short range military transports. The upper picture features the XM-0111 prototype, having just rolled out of the Michigan Buick factory for preliminary road testing, before being hauled to the nearby airport for flight control testing.

[disputeattorneysinhanoi]

Can Foreign Invested Enterprises Distribute Pharmaceutical Products in Vietnam?

Currently, with the complicated developments of the Covid-19 epidemic in the world in general and in Vietnam in particular, the research, production and import of Covid-19 vaccines are the matter that everyone is concerned about. On February 24th, 2021, the first batch of vaccine approved for import was transported to Vietnam by the Vietnam Vaccine Joint Stock Company.

Facing this situation, a number of foreign enterprises have expressed their opinions on the limitations imposed on foreign-invested enterprises in the field of distribution of pharmaceutical products in Vietnam. Vietnam has reserved no commitment to open the distribution of pharmaceutical products service market and has not committed to opening the distribution of pharmaceutical products service market under any trade agreement or international treaty up to the moment, because the pharmaceutical sector is sensitive, directly related to access to drugs and people’s health.

According to the provisions of the law, “distribution of pharmaceutical products” means the division, movement and storage of pharmaceutical products from the warehouse of the manufacturer/importer of such products or from a distributor to the end user thereof or to a distribution point or between distribution points by means of various transport methods. For distribution services, in the WTO Commitments, it is clear that pharmaceutical distribution services are excluded from the scope of commitments for all modes of supply. In addition, Appendix 03 of Circular 24/2016/TT- publicizing roadmaps for goods trade and goods trading directly related activities of foreign-invested enterprises in Vietnam, it is also recognized that pharmaceutical products are on the list of goods not entitled to distribution.

Regarding this issue, the Drug Administration of Vietnam expressed the following viewpoint: “The suspension of allowing foreign-invested enterprises in Vietnam to provide drug storage and transportation services is to prevent the distribution of disguised drugs in Vietnam, contributing to health security and towards the professionalization of the medicine distribution system in Vietnam.”

Point c, Clause 10, Article 91 of Decree 54/2017/ND-CP, effective from May 8, 2017, provides for cases ineligible to distribute drugs as follows:

“10. The entities that are entitled to import but not entitled to distribute drugs and medicinal ingredients in Vietnam must do activities related to distribution of drugs and medicinal ingredients in Vietnam except for drugs and medicinal ingredients they manufacture in Vietnam, including:

c) Providing drug/medicinal ingredient transport or storage services.”

According to this content, foreign-invested enterprises in Vietnam are not allowed to transport and preserve drugs, except for drugs and medicinal ingredients manufactured by that enterprise in Vietnam. It can be seen that the restriction on the right to distribute drugs to foreign-invested enterprises is aimed at ensuring health security, being proactive in drug supply and distribution, towards to professionalize the domestic drug distribution system as a foundation to support the development of the domestic pharmaceutical industry and contributing to better control of drug prices in the market.

ANT Lawyers – a  law firm in Vietnam with international standard, local expertise and strong international network. We focus on customers’ needs and provide clients with a high quality legal advice and services. For advice or services request, please contact us via email ant@antlawyers.vn, or call us +84 24 730 86 529.

[seoplassy]

India's Non-Basmati Rice Supply Chain: Key Trends and Market Insights - Eurosun Global

India plays a critical role in the global rice market, not only as a significant producer but also as the largest exporter of non-Basmati rice. While Basmati rice has its own unique demand, non-Basmati rice supply from India serves the bulk of global rice needs, catering to diverse markets across Asia, Africa, and the Middle East. In this blog, we will explore the key trends and market insights shaping India's non-Basmati rice supply chain.

Overview of Non-Basmati Rice Varieties in India

Non-Basmati rice includes a wide range of varieties, each suited to different climates and consumer preferences. Popular varieties such as Sona Masoori, IR-64, Ponni, and Matta rice are widely cultivated across regions like Andhra Pradesh, Tamil Nadu, and West Bengal. These varieties are known for their affordability, nutritional value, and versatility in dishes, making them an essential food staple in several countries.

The Non-Basmati Rice Supply Chain

The non-Basmati rice supply from India relies on a complex, multi-layered supply chain. It begins with farmers who cultivate the rice, followed by millers and processors who refine it for consumption. After processing, rice is transported to both domestic and international markets. The supply chain is supported by local traders, millers, logistics companies, and exporters who ensure the rice reaches global destinations efficiently. Key ports like Kakinada and Visakhapatnam facilitate rice exports to several countries.

Major Trends in Non-Basmati Rice Exports

In recent years, non-Basmati rice exporters from India have experienced significant growth, driven by increased global demand for affordable food products. Export destinations like Bangladesh, Nepal, and African countries account for a large share of the market. Additionally, emerging markets in the Middle East and Southeast Asia have also contributed to this expansion.

The competitive pricing of Indian non-Basmati rice, combined with its reliable quality, has allowed India to strengthen its position against other major rice-exporting countries like Thailand and Vietnam. Leading exporters, such as Eurosun Global, play a key role in meeting global demand by ensuring timely delivery and high product standards.

Government Policies Impacting the Supply Chain

The Indian government plays a crucial role in regulating the non-Basmati rice supply chain through policies on minimum support prices (MSP), export tariffs, and subsidies. These policies have both positive and negative impacts on exporters. For instance, during times of domestic price inflation or shortages, the government may impose export restrictions to stabilize the local market. However, in favorable market conditions, government incentives help boost rice exports by subsidizing shipping costs or easing export regulations.

Challenges and Opportunities in the Supply Chain

Despite its global success, the non-Basmati rice supply from India faces several challenges. Weather conditions, particularly monsoons, can disrupt production and affect crop quality. Additionally, logistical issues such as transportation delays and inadequate storage facilities pose challenges for the timely delivery of rice to international markets.

However, advancements in technology, like automated milling processes and improved logistics management, are helping to streamline the supply chain. The growing adoption of sustainable farming practices and the introduction of organic non-Basmati rice also offer significant growth opportunities for exporters.

Conclusion

India's non-Basmati rice supply chain is a vital part of global food security, driven by increasing demand and evolving market dynamics. Non-Basmati rice exporters from India continue to find growth opportunities, especially as new markets emerge and the supply chain becomes more efficient. With the right combination of policy support, technological innovation, and sustainability, India’s position in the global non-Basmati rice market is set to grow even further in the coming years.

[industryforecastnews]

Paint Protection Film Market To Reach USD 739.40 Million By 2030

Paint Protection Film Market Growth & Trends

The global paint protection film market size is expected to reach USD 739.40 million by 2030, registering a CAGR of 5.9% during the forecast period, according to a new report by Grand View Research, Inc. The major factors for the growth of the market are increasing consumer awareness regarding automobile paint protection and high demand from the automotive industry.

Considering the trend from the recent past, emerging economies like India, Malaysia, Thailand, and Vietnam along with a few Central American countries such as Brazil and Argentina have been the crux of global automotive industry growth. The growing population coupled with industrialization has resulted in high income levels and rising standard of living, thereby increasing the demand for personal vehicles.

Paint protection films find their origin in military transport and defense applications and continue their use in these industries to date. Consumers believed in spending on repainting the vehicle instead of making use of paint protection films in the past. Over the last few years, this trend has been changing with the retailers and manufacturers of paint protection films observing considerable growth in sales. This is attributed to the added customer awareness through marketing and expansion into the OEM market.

The global automotive industry has been witnessing booming growth and profitability with annual sales reaching pre-pandemic levels in some regions. Over the recent past, there has been a positive outlook in automotive sector across various regions, from developed markets such as the U.S. to developing markets such as India.

The global automotive industry is growing at a rapid pace on account of the accelerating technological transformations including no petroleum-based fuel or hybrid vehicles, autonomous driving, and new mobility services. The industry is expected to witness significant growth owing to the increasing sales and demand in the emerging economies of India, China, and Brazil.

Request a free sample copy or view report summary: https://www.grandviewresearch.com/industry-analysis/paint-protection-film-market

Paint Protection Film Market Report Highlights

Based on material, the thermoplastic polyurethane (TPU) segment dominated the market with more than 82.8% share in 2023. Paint protection films made of thermoplastic polyurethane are substantially more resistant to fading and discoloration. These TPU films' adhesives have also been changed to make them simpler for smooth removal. Together, these two elements do a considerably better job of protecting the original car paint than the paint protection films of the past

Europe dominated the market in 2023. Europe has a robust automotive sector. According to the European Commission, automotive sector in Europe represents over 7% of the European Union GDP and is linked with upstream and downstream industries such as textiles, chemicals, steel & mobility, repair, and ICT. Automotive sector in Europe consists of leading automotive manufacturers such as Volkswagen AG, Stellantis NV, Renault Group, and Mercedes-Benz Group AG. The region also has a presence of assembly lines set up by foreign automobile manufacturers such as Hyundai Motor Company, TOYOTA MOTOR CORPORATION, and Kia

In September 2022, 3M launched the Scotchgard Paint Protection Film (PPF) Pro Series 200 Gloss. The new Scotchgard PPF Pro Series 200 Gloss offers excellent clarity, hydrophobic features, and high gloss. Moreover, the good flexibility of the film allows an easy repairable installation experience, which can help 3M strengthen its market position in the market.

Regional Insights

Based on region, Europe held the largest revenue share of 31.6% of the market in 2023. Europe has a robust automotive sector. According to the European Commission, the automotive sector in Europe represents more than 7% share of the European Union GDP and is linked with upstream and downstream industries such as textiles, chemicals, steel & mobility, repair, and ICT.

The automotive sector in Europe consists of leading manufacturers such as Volkswagen AG, Stellantis NV, Renault Group, and Mercedes-Benz Group AG. The region also has assembly lines set up by foreign automobile manufacturers such as Hyundai Motor Company, TOYOTA MOTOR CORPORATION, and Kia. Furthermore, the region has a significant presence of many SMEs specialized in manufacturing automobile components in the EU member countries such as Italy, Spain, France, the Czech Republic, and Hungary, which is expected to play a pivotal role in driving the automotive industry in Europe.

North America is anticipated to grow at a CAGR of 5.9% over the forecast period. Several states in the U.S., including California, New Jersey, Washington, and Louisiana, offer tax credits, exemptions, and rebates for promoting the procurement of electric vehicles (EVs). New Jersey and Washington exempt the sales and use taxes on electric vehicles (EVs), while California offers rebates on the purchase and usage of plug-in hybrid electric vehicles (PHEVs) and other light-duty zero-emission vehicles.

Paint Protection Film Market Segmentation

Grand View Research has segmented the global paint protection film market report based on material, end-use, and region:

Paint Protection Film Material Outlook (Volume, Thousand Sq. Meters; Revenue, USD Million, 2018 - 2030)

Thermoplastic Polyurethane (TPU)

Polyvinyl Chloride (PVC)

Others

Paint Protection Film End-use Outlook (Volume, Thousand Sq. Meters; Revenue, USD Million, 2018 - 2030)

Automotive & Transportation

Electrical & Electronics

Aerospace & Defence

Others

Paint Protection Film Regional Outlook (Volume, Thousand Sq. Meters; Revenue, USD Million, 2018 - 2030)

North America

Europe

Asia Pacific

Central & South America (MEA)

Middle East and Africa (MEA)

List of Key Players in the Paint Protection Film Market

3M

XPEL Inc.

Schweitzer-Mauduit International, Inc.

Eastman Chemical Company

Avery Dennison Corporation

Saint-Gobain S.A.

RENOLIT SE

Ziebart International Corporation

Hexis S.A.S

Garware Hi-Tech Films Ltd.

Browse Full Report: https://www.grandviewresearch.com/industry-analysis/paint-protection-film-market

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Typhoon Yagi: The Storm That Shattered Records

Typhoon Yagi, also known as Severe Tropical Storm Enteng in the Philippines, emerged as one of the most powerful and destructive tropical cyclones in recent memory. Striking various countries in early September 2024, Yagi not only set records but also left a significant mark across the region.

Origins and Development:

The genesis of Typhoon Yagi can be traced back to August 30, 2024, when a low-pressure area began to form approximately 540 km (330 miles) northwest of Palau. By September 1, the system had developed into a tropical storm, receiving the name Yagi from the Japan Meteorological Agency (JMA). Initially, Yagi made landfall in Casiguran, Aurora, Philippines on September 2. As it moved inland, it encountered the rugged terrain of Luzon, which led to a weakening of its intensity. However, once it emerged over the South China Sea, Yagi rapidly intensified, fueled by warm sea surface temperatures and favorable atmospheric conditions.

On September 5, Yagi reached its peak intensity, with the JMA reporting ten-minute sustained winds of 195 km/h (120 mph) and a central pressure of 915 hPa (27.02 inHg). The storm’s intensity was further confirmed by the United States Joint Typhoon Warning Center (JTWC), which classified it as a Category 5-equivalent super typhoon, with one-minute sustained winds reaching 260 km/h (160 mph). This made Yagi one of only four Category 5 super typhoons ever recorded in the South China Sea, joining the ranks of Pamela (1954), Rammasun (2014), and Rai (2021).

Impact Across Regions:

Yagi's impact was widespread and severe. In the Philippines, the storm caused significant flooding and power outages, particularly in Luzon. The Hong Kong Observatory issued a Gale or Storm No. 8 warning as Yagi approached, leading to numerous flight cancellations and disruptions in daily life. In Hainan, China, the storm caused extensive damage, with power outages and infrastructure impacts being reported. The typhoon continued its destructive path into Vietnam, where it uprooted structures and led to power outages.

Overall, Typhoon Yagi resulted in at least 186 deaths, 901 injuries, and 171 people reported missing. The financial impact was staggering, with damages estimated at $9.33 billion across eight affected countries. The storm was particularly devastating in Northern Vietnam, where it became one of the most intense typhoons ever recorded in the region.

Meteorological Analysis:

Yagi’s rapid intensification was a notable feature of its development. Starting as a tropical depression on August 31, the system quickly escalated to a tropical storm by September 1. By September 5, it was classified as a super typhoon, demonstrating a well-defined eye and a significant band of strong convection. After its peak intensity, Yagi underwent an eyewall replacement cycle, which temporarily weakened it. Despite this, the storm regained strength before making landfall in Hainan and later Vietnam.

Preparations and Responses:

In the Philippines, the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) issued Tropical Cyclone Wind Signal No. 1 and No. 2 in anticipation of Yagi’s arrival. This led to widespread school closures, flight cancellations, and emergency preparations. Evacuations were conducted in high-risk areas, and the government implemented measures to assist affected individuals. In Hong Kong, warnings were escalated to Gale or Storm No. 8, resulting in significant disruptions to transportation and financial markets. The Hong Kong Stock Exchange halted trading, and the Hong Kong–Zhuhai–Macau Bridge was closed to traffic.

Typhoon Yagi’s legacy underscores the immense power of tropical cyclones and the critical importance of preparedness and response efforts. Its impact on multiple countries highlights the need for continued vigilance and resilience in the face of such formidable natural disasters.

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Why Choose Electrical Connector Manufacturers from China?

As reported, the situation nowadays implies that procurement of components from accurate manufacturing firms is critical to achieving a high level of reliability and reasonable costs. Concerning electrical connectors, the manufacturers from China and Vietnam are considered to be the market leaders. This article is going to disclose the advantages of selecting an electrical connector manufacturer in China Vietnam in terms of quality, price, and technology. Among the dependable suppliers, one company that could attract the attention of the target audience is SINNHONG CONNECTING.

Quality Assurance

Thus, the first advantage of opting for an electrical connector manufacturer which is based in China is quality. Chinese manufacturers have made large investments in modern production and MIS systems and have tight quality assurance mechanisms. This helps ensure that the connectors that are produced in the Faculties are of good quality, will last long, and are standard to those of the international markets. Likewise, an electrical connector manufacturer in China Vietnam also embraces high quality for its products, which usually entails advanced technology in production and intensive tests to ascertain product quality.

Cost-Effectiveness

Low cost is another major advantage of outsourcing from these regions. A case is an electrical connector manufacturing firm in China that enjoys the effect of economies of scale since it can produce larger quantities at cheaper prices. This can be translated to affordable prices for the buyers while at the same time meeting the desired quality. Vietnam also provides solutions at lower costs for the same reasons labor costs are significantly lower compared to other developed countries and the manufacturing process is well-optimized. Selecting an electrical connector manufacturer in China Vietnam is your option to save a lot of money, particularly where the key objectives are cutting the costs of production without compromising the quality.

Technological Advancements

China being an economic powerhouse and Vietnam as the fast-rising economy has noted improvements in the technology that is adopted in the manufacturing sector. A manufacturer of electrical connectors in China probably employs up-to-date machinery and automation solutions to achieve optimum accuracy of the products that are produced. It also lets them tackle various and sophisticated demands, offering new developments that solve the dynamic needs of the markets. Vietnam is not much behind, and many of the manufacturing industries have incorporated modern techniques and adopted automation in the process of making products more efficient and effective.

Supply Chain Efficiency

The other advantage of sourcing manufacturers from these areas is the well-developed supply chain networks. China has a well-developed and large supply chain system that ensures the easy transport of materials as well as products. This efficiency reduces time and makes sure that deliveries are done on time, a factor that is important in production schedules. Vietnam is located in Southeast Asia, which is also steadily developing the necessary supply chain. An electrical connector manufacturer in China Vietnam can guarantee proper delivery time for products, which means business continuity and unbroken production chains.

Conclusion

Therefore, there are many advantages to procuring electrical connector manufacturer in China Vietnam including high quality, reasonable prices, innovation, timely delivery, and environmental consciousness. If a business needs dependable and creative products for their usage, an electrical connector manufacturer in China or an electrical connector manufacturer in Vietnam is the way to go. In the same manner, SINNHONG CONNECTING represents strong regions for electrical connectors for various industrial requirements.

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Discover the Best of Hanoi: The Ultimate Hanoi Package for Unforgettable Experiences

Hanoi, the vibrant capital of Vietnam, offers a unique blend of ancient tradition and modern charm. With its bustling streets, rich history, and stunning landscapes, Hanoi is a destination that promises an unforgettable experience for every traveler. To help you explore this captivating city with ease and comfort, Tratoli presents the ultimate Hanoi package designed to deliver the best of what this historic city has to offer. Here’s how our tailored package can transform your Hanoi adventure into a truly memorable journey.

Why Choose the Ultimate Hanoi Package?

Tratoli’s Hanoi package is crafted to provide you with an immersive and hassle-free travel experience. Our goal is to make your visit to Hanoi as enjoyable and enriching as possible. Here’s what sets our package apart:

1. Comprehensive Itinerary for a Complete Hanoi Experience

Our ultimate Hanoi package includes a carefully curated itinerary that covers the must-see attractions and hidden gems of the city. From exploring ancient temples to savoring local street food, our itinerary ensures you experience the essence of Hanoi. Highlights include:

Old Quarter Exploration: Wander through Hanoi’s bustling Old Quarter, where traditional architecture, vibrant markets, and street food vendors create a sensory overload. Don’t miss out on trying local delicacies such as pho (Vietnamese noodle soup) and banh mi (Vietnamese baguette).

Ho Chi Minh Mausoleum: Visit the Ho Chi Minh Mausoleum to pay your respects to the revered leader of Vietnam. This significant site offers insight into Vietnam’s modern history and the legacy of Ho Chi Minh.

Temple of Literature: Explore the Temple of Literature, Vietnam’s first university, which dates back to the 11th century. The beautiful architecture and tranquil gardens provide a peaceful retreat from the city’s hustle and bustle.

Hoan Kiem Lake: Relax by Hoan Kiem Lake, a serene spot in the heart of Hanoi. The lake is surrounded by picturesque landscapes and historic sites, including the Ngoc Son Temple located on an island in the lake.

2. Customized Comfort and Convenience

At Tratoli, we understand that comfort is key to an enjoyable holiday. That’s why our Hanoi package includes:

Luxury Accommodation: Stay in carefully selected hotels that offer comfort, convenience, and excellent service. Our accommodations are chosen based on their quality and location, ensuring easy access to major attractions.

Private Transfers: Enjoy the convenience of private transfers between the airport, hotel, and various tourist spots. Our reliable transportation ensures you travel comfortably and efficiently throughout your stay.

Personalized Services: Tailor your Hanoi experience with our customizable options. Whether you want to add special tours, adjust travel dates, or upgrade your accommodation, our platform allows you to modify your package to fit your preferences.

3. Expert Guidance and Local Insights

Our team of travel experts is dedicated to providing you with the best possible experience. Benefit from:

Local Expertise: Our knowledgeable guides offer insider tips and local insights to help you navigate Hanoi with ease. Learn about the city’s history, culture, and traditions from those who know it best.

Comprehensive Support: From answering your queries to assisting with any issues that arise, our customer support team is available around the clock to ensure your travel experience is smooth and stress-free.

4. Seamless Booking Process

Planning your Hanoi trip is straightforward with Tratoli. Here’s how our booking process works:

Select Your Destination: Choose Hanoi from our curated list of popular destinations. Our platform features a range of tailored holiday packages to suit various interests and budgets.

Choose a Package: Explore our Hanoi package and discover the comprehensive itinerary and inclusions designed to give you a complete experience of the city.

Customize Your Trip: Personalize your package by specifying details such as travel dates, number of travelers, and special preferences. Our platform makes it easy to adjust your itinerary to meet your needs.

What Our Customers Say

Our clients’ feedback highlights the exceptional service and experiences provided by Tratoli:

Naren Selva: “This was one of the best trips I’ve had. Tratoli ensured I reached every destination on time and kept me updated throughout. The guides were fantastic and made the trip safe and enjoyable.”

Divya Mohanraj: “Our experience with Tratoli was incredible. They handled all aspects of our trip seamlessly, and their team was patient and accommodating with changes. Our vacation was fantastic!”

Experience Hanoi Like Never Before

With Tratoli’s ultimate Hanoi package, you can immerse yourself in the city’s vibrant culture, rich history, and stunning landscapes without the stress of planning. Our tailored itinerary, luxurious accommodations, and expert support ensure that your trip to Hanoi will be unforgettable.Ready to discover the best of Hanoi? Book your Hanoi package with Tratoli today and embark on a journey that promises adventure, relaxation, and unparalleled experiences. For more information and to start planning your perfect Hanoi getaway, visit our website or contact our team. Let Tratoli turn your Hanoi dreams into reality!