While many industries are suffering during the Covid-19 pandemic, cold storage supply chains are heating up the logistics industry. In a cold storage system, the standard temperature is always below 2 degrees Celsius. A standard cold storage is divided into four warehouse systems (from 1 to 4) that operate fully automatically, with 14 robots and […]
Read MoreThe U.S. Department of the Treasury and the State Bank of Vietnam (SBV) have reached an agreement over the former’s designation of Vietnam as a currency manipulator. In mid-April, the U.S. Department of the Treasury removed Vietnam from the list of countries manipulating their currencies, reversing a decision of the Trump administration in December 2020 […]
Read MoreBoth sides are committed to maintaining close cooperation and look forward to addressing other shared challenges, such as supporting a strong and inclusive recovery from the Covid-19 pandemic. The US Department of the Treasury (Treasury) and the State Bank of Vietnam (SBV), the country’s central bank, share the goals of maintaining the strength, stability, development, […]
Read MoreHanoi’s authorities advise people against stockpiling goods and gathering at supermarkets and stores to avoid disease transmission. The Hanoi Department of Industry and Trade affirmed the city ensures the supply of basic necessities of the locals, even in case of an exponential surge in demand. The announcement came after local residents flock to supermarkets and […]
Read MoreThe required customs procedures related to imports and exports have been simplified but enterprises are far from satisfied. The Vietnam Chamber of Commerce and Industry (VCCI) has released a report on enterprises’ satisfaction in following import/export procedures. The report was based on the results of a survey conducted in 2020 which received responses from 3,657 […]
Read MoreThe image of taxi motorbike drivers buying food and delivering to families has become common in HCMC, as people must restrict travel during social distancing. At 5.30 pm recently, shipper Pham Quang Toan was seen leaving a market with two large bags of rau muong (a kind of vegetable in Vietnam) to deliver to a […]
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Thailand
