At Mercator Cargo we closely monitor worldwide manufacturing and sourcing trends. The recent increase in trade from Vietnam shows the move away from China to other countries, demonstrating the region as one potential new area for traders and manufacturers looking to source cheap, reliable products.

This, of course, is nothing new – like the move away from Europe to China which has prevailed in the previous decades, driven by the increase in the standard of living in China which has increased labour costs driving up manufacturing costs.

The latest move by the USA President, Donald Trump, to increase tariff/duty rates on goods from China will add further pressure to the Chinese manufacturing community. Many US Companies are looking to source goods from outside of China. It makes sense for the rest of the world to follow this trend and begin to look elsewhere, facilities manufacturing goods for the USA will also be able to manage the production of goods for the EU and the rest of the world.

We have excellent partners in Vietnam who not only can provide us with low freight rates for both air and sea, but who can also assist in finding trusted, reliable partners for your manufacturing and sourcing needs. We can also bolt on added services such as warehousing and consolidation.

As Vietnam, and other Asian countries continue to grow we forecast these markets will be the “new” China in a few years’ time, and we are excited to be at the forefront of this new era.

Make sure that you choose a well-established and reputable freight forwarder who has direct connections locally in Vietnam. If you would like to discuss any aspect of shipping or supply chain from Vietnam or you would like a quotation, then get in touch: +44 2392 756 575 or email sales@mercatorcargo.co.uk

 

Get more information on Vietnam Trade

The growth potential of Vietnam was highlighted earlier this week when the second of two major container terminals was opened within two weeks of the last.

The Cai Mep International Terminal (CMIT) handled its first vessel earlier this week, when the CMA CGM Columba arrived at the port. With a capacity of 11,500 containers, the Columba is also the largest ever vessel to call in Vietnam.

The terminal has a capacity of 1.1 million containers. It is located 50km south-east of Ho Chi Minh City and it is the first to offer shipping lines direct access to the newly dredged 14 metre draught Cai Mep Terminal Channel.

To discuss the possibilities the opening of this new container terminal brings to world trade possibilities and the implications of its opening on your shipping requirements, please contact Mercator Cargo Systems today on 02392 75 65 75.

Mercator Cargo is an established freight forwarder in the UK. Celebrating its 20th year in business in 2011 it is a long standing member of the British International Freight Association.  

With extensive experience in all aspects of freight transport, customs clearance and international shipping, the companies dedicated team of freight forwarders are able to find you the most reliable and cost effective international sea, road, air and rail freight forwarding services for your cargo.