The global economy is facing existential risks of disruption in the supply of strategic materials due to impacts from conflicts in many parts of the world, trade tensions, protectionism and difficulties in transport sector.
Vietnam’s Ministry of Industry and Trade has actively discussed with many partner ministries, including the Japanese Ministry of Economy, Trade and Industry to establish a cooperation mechanism to maintain connection and secure the supply chain.
On May 1, 2022, upon the occasion of the official visit of Japanese Prime Minister Kishida Fumio to Vietnam, Deputy Minister of Industry and Trade Tran Quoc Khanh and Mr. Hirose Naoshi, Deputy Minister of Economy, Trade and Industry of Japan have officially exchanged the above signed Memorandum of Understanding (MOU) in the presence of Prime Minister Pham Minh Chinh and Prime Minister Kishida Fumio.
The signing of this Memorandum of Understanding gave practical contributions to the results of the visit to Vietnam by the Japanese Prime Minister, as well as creating a framework for cooperation to reduce the risk of supply chain disruption, particularly strategic raw materials for the economy.
According to the agreed content, both sides will regularly share information related to production activities and supply chains between Vietnam-Japan enterprises, which helping to identify cases of supply chain interruption to discuss the necessary measures to resume production and supply chain activities promptly and thoroughly.
To achieve this goal, Vietnam and Japan agreed to hold regular and ad-hoc meetings, especially maintaining communication channel through agencies of the two ministries.
Source: https://vinanet.vn/cong-thuong/ban-ghi-nho-hop-tac-ngan-ngua-gian-doan-chuoi-cung-ung-757041.html
The foundation of the top 10 respectable logistics firms for 2023 is made up of impartial, scientific criteria. Three key factors are used to assess and rank companies
Cross-border transportation refers to the international transportation of goods using road, air, or sea routes.
Large import-export businesses worldwide often utilize multimodal transportation due to its numerous advantages and significant benefits. So, what is multimodal transportation?
Customs clearance services can be explained by showing the process of goods being handled from the factory to the airports/ports and going to other countries.
Satellite warehouse in Vietnam is in the booming stage to catch up with the uprising demand from businesses. Which logistics businesses can provide suitable satellite warehouse...
Basically, aviation logistics is similar with other logistics sectors (Maritime, road, rail, water, etc.) in the concept of bringing goods from point A to B, but aviation...
ALS’s document warehouse system in Hanoi was well-known amongst many businesses and organizations for which national document archiving standard and convenience services with...
Basically, a customs supervision warehouse is a common warehouse with a customs agency supervising inside. Customs supervision warehouses are usually large-area warehouses,...
In the context that the epidemic is under control, the global logistics market is on the verge of recovery, port congestion is reduced after epidemic prevention measures are...
China's ambition and logistics strategy has answered the question why the shipping fee from China to the US or to Vietnam is cheaper than the domestic shipping fee...
ALS