Want to be in the loop?
subscribe to
our notification
Business News
MAERSK LINE LAUNCHES DIRECT SERVICE BETWEEN BR-VT AND U.S. EAST COAST
Cargo can now be directly shipped from Vietnam to Newark, Charleston, Savannah and Miami in the U.S., thus cutting shipment time between Vietnam and the U.S. East Coast. For instance, it will take 25 days to carry goods from Vietnam to Newark, down from 28 days, 28 days to Charleston, 29 days to Savannah, and 32 days to Miami.
According to Maersk Line in Vietnam, two-way trade between Vietnam and the U.S. has grown strongly since the two nations normalized diplomatic ties two decades ago. Export and import volumes of containerized cargo have grown at double-digit rates.
The Trans Pacific Partnership (TPP) trade pact which Vietnam signed with 11 other Pacific Rim countries, including the U.S., in February this year will help boost two-way trade between Vietnam and the U.S. Therefore, Maersk Line’s new direct service and current shipping link between Ba Ria-Vung Tau and the U.S. West Coast form a complete shipping system and thus quicken cargo transport.
The shorter shipping time allows local enterprises to reduce costs and strengthen the competitiveness of Vietnamese goods like seafood, apparel and footwear.
The Ministry of Transport met last Thursday with leaders of A. P. Moller and the Maersk Group to allow the carrier to add more large ships to the Cai Mep-Thi Vai port complex.
Rene Piil Pedersen, Group representative for the Maersk Group in the Asia-Pacific region based in Singapore and managing director of A. P. Moller Singapore Pte Ltd., said that after the launch of the Ba Ria-Vung Tau-U.S. East Coast service, Maersk Line would bring container vessels of 18,000 TEUs with a length of 400 meters to Ba Ria-Vung Tau to carry cargo to northern Europe in 2017.
Deputy Minister of Transport Nguyen Van Cong said the ministry has allowed shipping lines to bring vessels with a loading capacity of over 18,000 TEUs to some terminals in Cai Mep-Thi Vai port complex. The ministry has a plan to dredge the navigational passage to a depth of 15.5 meters to allow in larger vessels.
Maersk Line is the world’s leading shipping firm providing container transport services with three brands Maersk Line, Saftmarine, and Sealand. It now has 374 offices in 130 countries with 25,500 staff and a fleet of 610 vessels with 7,100 sailors. The firm is holding majority stakes in MCC Transport in Asia, Seago Line in Europe, and Mercosul in Brazil. The Maersk Group owing Maersk Line has its head office located at Copenhagen, Denmark with 89,207 staff in 130 nations.
Source: The Saigon Times
Related News
1 TRIP, 3 EXHIBITIONS: EXPLORE TOP-NOTCH TECHNOLOGIES AND BREAKTHROUGH SOLUTIONS IN ONE PLACE.
Your Industrial Growth starts here! We proudly introduce the most anticipated comprehensive industrial exhibitions in Hanoi 2026: HanoiPlas 2026: Hanoi International Plastics & Rubber Industry Exhibition; HanoiPrintPack 2026: Hanoi Int'l Printing & Packaging Industry Exhibition; Intelligent Asia Hanoi: Hanoi International Electronics and Smart Manufacturing Exhibition. 1 Trip, 3 Exhibitions: Explore top-notch technologies and breakthrough solutions in One Place.
GRAND OPENING OF XENUS TECHNOLOGY INTERNATIONAL (VIETNAM) LIMITED
Xenus Technology International (Vietnam) Limited, a Hong Kong-based IT solutions provider with over a decade of experience, has officially established its Ho Chi Minh City office on 8 May 2026. Serving over 3,000 clients, Xenus brings Hong Kong technology expertise to Vietnam with end-to-end IT solutions across multi-cloud, cybersecurity, infrastructure, networking, and managed services.
TRAVEL UPDATE: CAMBODIA INTRODUCES TEMPORARY VISA-FREE ENTRY FOR PRC PASSPORT HOLDERS (INCLUDING HONG KONG AND MACAU)
According to the Ministry of Tourism of the Kingdom of Cambodia, holders of passports issued by the People's Republic of China (PRC), including Mainland China, Hong Kong, and Macau, will be eligible for temporary visa-free entry to Cambodia from 15 June to 15 October 2026. The temporary measure is expected to facilitate tourism, business travel, and people-to-people exchanges between Cambodia and Chinese-speaking markets, including Hong Kong and Macau.
TEE OFF & STAY AT HOIANA SHORES GOLF CLUB
Unlock exclusive golf and stay privileges reserved for member cardholders. Experience award-winning links golf, premium hospitality, and coastal relaxation with specially curated rates available for a limited time. Booking Period: 15 June – 30 September 2026. All supporting documents and payment details will be provided upon booking confirmation.
VIETNAM’S HIRING OUTLOOK REMAINS POSITIVE IN Q3
Vietnam’s hiring outlook remains positive in Q3 2026, despite growing employer caution, according to the latest ManpowerGroup’s Employment Outlook Survey. The Q3 ManpowerGroup Employment Outlook Survey, conducted during April 1-30, 2026, gathered insights from more than 40,500 employers across 42 countries and territories.
OUTSTANDING GREEN LOANS REACH VND828 TRILLION IN 2017-2025
Outstanding green loans in Vietnam have reached VND828 trillion, with 82 credit institutions now extending financing to environmentally sustainable projects. Growing at an average annual rate of more than 20% between 2017 and 2025, green credit has emerged as a key driver for mobilizing and allocating resources to support the country’s green transition and sustainable economic development.
























