Asia

Vietnamese exports to the US soar

 

Shenzhen: Data compiled by INTTRA shows clearly the staggering growth in Vietnamese exports to the US. According to the shipping IT firm’s ceo Ken Bloom the volume of container shipments from Vietnam to the US is up by 50% year-on-year. 
 
“Vietnam has a great combination – a relatively weak currency and a good geographic location,” Bloom told SeaShip News on the sidelines of the sixth annual TPM Asia conference in Shenzhen. 
 
Bloom also noted how volumes of boxes shipped from across southeast Asia to the US were all showing strong growth at the expense of China, whose intransigence on the renminbi currency is beginning to tell in negative trade figures. 
 
INTTRA is the world’s largest, multi-carrier network for the ocean shipping industry. Over 525,000 container orders are initiated on the INTTRA platform each week, representing more than 18% of global ocean container trade.  [17/10/12]

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