[The golden channel for short distance transportation of goods between China and Vietnam] As a core cross-border hub in northern Vietnam, Haiphong Port has become a golden channel for short distance transportation of dry bulk cargo between China and Vietnam, thanks to its comprehensive intermodal network of railways, highways, and water transport. The annual bulk cargo processing capacity of Xinwu Port Area reaches 8 million tons, accounting for over 50% of the total bulk cargo volume in Hong Kong, and undertaking the transportation of mineral, building materials and other goods. Relying on the advantage of direct flight routes of "two days to port and five days to door", combined with intelligent customs clearance technology, logistics costs and timeliness are significantly reduced, deeply linking the Hanoi Haiphong Economic Corridor with the South China market, injecting efficient logistics momentum into the synergy of the China Vietnam industrial chain.Editor/Bian Wenjun
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  • 2026.01.15 17:22
  • [Ningde Times Saudi Service Center is now operational]
  • On January 10, 2026, CATL's "Ningjia Service" Middle East's first experience center was opened in Riyadh, Saudi Arabia, which is also its largest overseas new energy aftermarket service facility. The center covers an area of over 7000 square meters and provides full lifecycle services such as battery diagnosis, maintenance, and recycling, covering seven major categories including passenger cars and energy storage systems, and is suitable for the high-temperature sand and dust environment in the Middle East. Relying on a localized certification team and a global spare parts network, it will radiate to countries such as the United Arab Emirates and Qatar, helping Saudi Arabia's "2030 Vision" and injecting momentum into the energy transformation of the Middle East.Editor/Bian Wenjun
  • 2026.01.15 17:22
  • [Saudi Basic Industries Company sells two major assets worth 6.6 billion yuan]
  • On January 8, 2026, Saudi Basic Industries Corporation (SABIC) announced the sale of two major assets for 6.6 billion yuan (950 million US dollars), selling its European petrochemical business to Aequita for 500 million US dollars and its European and American engineering plastics business to Mutares for 450 million US dollars. The sale of assets covers multiple countries' pharmaceutical production bases and various polymer facilities, aiming to divest non core businesses, alleviate high cost pressures in Europe, concentrate resources on high profit areas and growth markets such as China, and optimize capital returns and cash flow.Editor/Bian Wenjun
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