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Indonesian coal quality is highly effective for the industry

The industry is on the rise very fast today. Coal is an extremely important and indispensable fuel source for factories and enterprises. Besides abund...

What is coal? What is coal used for?

In today's developed industry, coal always holds an important position. In this article, LEC Group will help you better understand what is coal, what ...

Ash level of coal and coal quality evaluation criteria

In the evaluation criteria of quality and combustion of coal. The ash level of coal is one of the most important criteria. So how much ash level of co...

What is logistics service 1PL 2PL 3PL 4PL 5PL

What is logistics service 1PL 2PL 3PL 4PL 5PL? What activities are included? All will be answered in this article. Please follow the experts of the LE...

Popular types of industrial boilers in Vietnam today

What is an industrial boiler? What types of industrial boilers are available? LEC Group will help you answer all this information through the followin...

How to import goods in Vietnam?

Import and export is a fairly wide field, to understand this array, an article is not possible to encapsulate. Therefore, in this article, LEC Group e...

Which type of stock should be kept in stock?

Preserving agricultural products has always been a matter of primary concern for countries that favor agriculture across the globe. For companies and ...

Comparison between 3PL and 4PL - Difference between 3pl and 4pl

For logistics service users, interest in the comparison between 3PL and 4PL is indispensable. When you understand this problem, you will find the best...

Current situation of imports and prices of Indonesian coal

According to the latest statistics from 2018 - 2019, the amount of Indonesian coal imported into Vietnam is increasing. So what is the current situati...

How many types of coal are on the market today?

Coal is a high energy source in the traditional and basic energy use structure. Today, coal is widely used in production and life. So how many types o...

The situation of wood chip export in Vietnam and some features of the world market

Starting in 2011, Vietnam is one of the countries with the leading wood chip export volume in the world. However, the export of wood chips to the inte...

What is customer service in logistics?

In any service industry, meeting the needs of customers is always a top priority for companies. And customer service in logistics is also a leading co...

Overview of logistics port service model

Today, port service is an important focal point and plays a decisive role in improving the efficiency of the logistics process. The main objective of ...

What does the logistics service chain mainly consist of?

Today, logistics plays a very important role in the development of the economy. So what does the logistics service chain consist mainly of? Please car...

What is a bonded warehouse? Where are bonded warehouses allowed to be built?

In the logistics service chain, warehouse service is an important and indispensable factor. Have you ever heard about the concept of bonded warehouses...

Procedures for bringing goods into bonded warehouses in Vietnam

The concept of bonded warehouses is often referred to when transporting import and export goods. However, many people will still be quite vague when m...

Opportunities and risks of Vietnam's timber industry in the current context

In the intense US-China trade war, Vietnam is one of the beneficiary countries. However, accompanying the benefits is always the risk of stalking. So ...

Types of barges that help transport goods effectively

Today, water transport is one of the modes of transport that plays an important role in the overall picture of transport globally. Referring to vehicl...

Instructions on how to calculate international freight rates

In the development trend of demand for freight delivery between Vietnam and the world is on the rise continuously. International freight rates are alw...

What is Hub Port? The benefits of Hub Port

In this article, LEC Group experts will help you clarify what the Hub Port concept is. Stay tuned now!

What are bulk cargoes? What is a bulk ship?

At present, bulk carriers are a means of transportation that play an important role in waterway transport. So what is bulk cargo? What is a bulk ship?...

What is CIF? What is FOB? Difference between CIF and FOB

In import and export of goods. CIF and FOB delivery terms are always the top concern. So what exactly is CIF? What is FOB? And what is the difference ...

What are charge handling charges? Compare handling charge with THC charge

In transactions of international trade operations. The handling charge is a charge present in most transactions. So, what is charge handling charge? W...

Marketing port services and customer service orientation

For marketing in general and port services marketing in particular. The main goal is to make your customers aware of the products and services that yo...

What are the logistics costs? The problem of logistics costs in Vietnam

If the logistics costs are low, trade facilitation will create added value and improve the competitiveness of import and export goods. In addition, th...

What is an import and export mandate? Risks in entrusted import and export

For shippers who want to import goods to Vietnam, entrusted import and export is a necessary and indispensable operation. So what is import and export...

Pareto principle and application of the Pareto principle in logistics

In logistics management and operation, the application of the Pareto principle is no longer a new concept in the world. However, in Vietnam, most Viet...

What is logistics performance index? What is the LPI?

What is logistics performance index? What is the LPI? Let LEC Group experts know thoroughly about this issue now!

Import or sell CIF FOB should or should not?

Importing FOB CIF offers many incentives for Vietnamese businesses from shipping lines. So what are those incentives specifically? Let the experts of ...

What is reverse logistics? Overview of reverse logistics

Reverse logistics (reverse logistics) is still a relatively new concept in Vietnam. Although the reverse logistics model and process has clearly demon...

Key changes in Incoterms 2020

International Trade Conditions 2020 - referred to as Incoterms 2020, drafted and revised by the International Chamber of Commerce (ICC). In addition t...

Insurance of import and export goods by sea

For goods exported and imported by sea, in these cases, the risks will not be avoided. Therefore, the insurance of import and export goods by sea is a...

What are DEM and DET? How to distinguish between DEM, DET and Storage charges

In freight, DEM and DET are the two very common local charges. However, for those new to import and export, the distinction between DEM and DET will o...

12 steps in the process of importing goods by sea

Currently, there are many types of imported goods. However, the most common is the form of transportation and import by sea. In this article, LEC will...

Details of the process of exporting goods by sea

The process of exporting goods involves many steps and is closely related to each other. Therefore, to be able to work in the import-export industry i...

What is CO? Points to note when making CO

To be able to import and export goods, CO is one of the indispensable papers. So what is CO? What documents do documents need to apply for CO? Please ...

What is LC? Conditions to open LC

Opening LC is one of the indispensable steps in the import and export process. So what is LC? What conditions are required to open the LC? In this art...

What is the maritime pilot service? Types of maritime pilot services

The pilot position plays an important role every time a transport ship enters and exits a port. However, not everyone in the logistics industry knows ...

Summary of the most detailed customs procedures

Customs procedure is one of the procedures that plays an important role in importing and exporting goods. What is the main purpose of customs clearanc...

Summary of points to avoid for efficient warehouse management

For every business, especially businesses operating in the field of logistics for renting warehouses, factories, ... Effective warehouse management is...

Circumstances leading to bonded warehouse operation

According to Decree 68/2016 / ND-CP stipulating conditions for trading in duty-free goods, warehouses and places for customs clearance, gathering, ins...

What is the bill of lading? How many waybill currently?

What is the bill of lading? What is the function of the bill of lading? What types of bill of lading are there? All of the above questions will be ans...

Does Vietnam Have No Land For Logistics?

E-commerce has grown strongly, but the land bank is devoted to commercial centers, office buildings and not to logistics. That is one of the big short...

VIMC cooperates with LEC GROUP, can transport up to 3 million tons of goods / year

(VNF) - On November 22, 2019, Vietnam National Shipping Lines (VIMC) officially signed a memorandum of understanding with LEC Group Joint Stock Compan...

Instructions on BEST export customs declaration

In the import and export process. Customs declaration of exports is an extremely important step. Goods cannot be exported to foreign countries unless ...

Top 10 Logistics trends 2020

The year 2019 marked an important shift in the transport and logistics industry with a series of new technology solutions that were born and applied p...

Dropshipping, Dropshipping là gì, What is dropshipping

What is dropshipping? What are the advantages and disadvantages of this model? Let's find out through the following article from LEC Group!

What is laytime? Regulations on the time of reward and punishment in the charter party

Laytime, also known as shipping time, is an important issue agreed in the charter party. So what exactly is laytime? And how to calculate the loading ...

Synthesis of English terms on logistics need to know

The English terminology of logistics in the import-export industry in particular and the logistics industry, in general, are very important. But at th...

Develop inland waterway transport towards green logistics

(VLR) On the morning of December 17, at the Saigon Prince Hotel, Ho Chi Minh City, the Ministry of Transport together with the Dutch Embassy in Hanoi ...

Set of golden principles in warehouse design

According to an analysis of Won and Olafsson in 2015: "In the process of optimizing the Supply Chain, Warehouse is an important node that can signific...

What is logistics? Job positions in logistics

What is logistics? Job position in logistics company is a question of many students, students and those who want to learn import and export and logist...

10 outstanding Vietnam logistics events in 2019

2019 continues to be a year of strong logistics development. These imprints are represented by 10 outstanding events of Vietnam logistics in 2019 sele...

7 steps for procurement strategy to maximize business costs

The Procurement Strategy refers to the planned approach of purchasing the essential supplies of a business while also bringing about cost-effectivenes...

What is the Commodity Market? Types of commodity markets

Commodity Market is a physical or virtual market to buy, sell and trade crude products like oil, gold or coffee.

What is a seal? How to clamp seal when exporting?

When transporting goods by container to sea, you must use a seal and seal on the container. So what is the seal and how to properly seal the seal, avo...

Logistics businesses reduce storage costs by 10-20% to join hands to support the consumption of agricultural products

In response to the proposal of the Ministry of Industry and Trade, the Chairman of the Logistics Service Enterprises Association (VLA) said that it wi...

Information on transport routes of major shipping companies in the world

The demand for shipping import-export goods is increasing and if you do logistics/forwarder services, you should memorize in the minds of the world's ...

Charter of charter party and regulations should be clear

The charter party is an important document in which the carrier undertakes to transport the cargo from one port to the consignee at another port, whil...

Notes on using Incoterms

When learning, learning and applying about Incoterms, almost everyone suffers from a common disease of only reading the main conditions without paying...

Cai Mep International Port participates in the Tradelens supply chain

Cai Mep International Port participates in the Tradelens supply chain

What is the charter party (Time Charter Party)?

Time Charter Party is a contract whereby the lessor delivers a fully furnished and manned ship to the lessee for a limited period of time.

Cai Mep - Thi Vai has a chance to rise from 2020

(Saigon Times) - Cai Mep - Thi Vai container port complex (CM-TV) ended 2019 with a throughput of nearly 3.75 million TEUs (1), an increase of 27% com...

How to calculate road freight rates in Vietnam today

Coronavirus and limiting risks in forwarding and transporting

How to manage the spread of coronavirus that is impacting freight forwarders and logistics operators? The potential impact on the logistics and supply...

How does the Vietnamese logistics business affect the COVID-19 epidemic?

(VLR) In order to assess the impact of COVID-19 on the activities of logistics enterprises, Vietnam Logistics Service Enterprises Association (VLA) h...

Importance of quality control activities in the manufacturing process

In supply chain management, logistics plays a very important role. In particular, logistics includes inbound logistics and outbound logistics. While i...

Some types of transport documents are indispensable

The process of transporting goods by road is carried out quickly and smoothly. Road transport documents are indispensable. So what kind of documents d...

Distinguish bonded warehouse with CFS warehouse and tax suspension warehouse

Bonded warehouses, CFS warehouses, and tax suspension warehouses are three common types of warehouses in import and export activities. Most types of g...

Building a supply chain in the crisis period

Faced with the terrible impact of the current Covid-19 epidemic, the economy in most countries is in great turmoil, businesses are in trouble. This si...

Current situation of road transport in Vietnam today

The trucking industry in Vietnam is currently the most popular form of transportation. It has been contributing significantly to the rotation of goods...

The basic knowledge about sea transport needs to know

Sea transport is one of the most popular forms of transportation in the current cargo transportation. This is also a form of transportation with many ...

Conditions necessary for port operation service business

Port operation is a direct operation of seaports. Enterprises can only provide this service when they meet all business conditions as prescribed.

EVFTA: Post-pandemic economic growth boost

The EVFTA Agreement is expected to open up new opportunities for the economic development of Vietnam in general as well as for exporting enterprises i...

Indonesia eyes Vietnam as it seeks to diversify thermal coal exports

JAKARTA (Reuters) - Indonesia, the world’s top exporter of thermal coal, is stepping up efforts to diversify sales of the fuel as shipments to top buy...

LEC GROUP - Top 10 leading brands in Vietnam in 2020

LEC GROUP Corporation (LEC Group) has just honored the title of Top 10 leading brands in Vietnam in 2020. The title is to honor strong, prestigious, l...

LEC GROUP won the title of typical enterprise of ASEAN 2020

On the evening of October 4, 2020, the "Typical Vietnamese Business - ASEAN 2020" commendation ceremony took place at the Hanoi Opera House. LEC Group...

Solution for environmental treatment, ash and slag in coal-fired power plants

By many studies and practical results, it is now possible to confirm that ash and slag of coal-fired power plants are not only a source of hazardous w...

What is Coal Bran? Uses of Coal Bran in Industry

For people working in coal production and supply. Then what are terms such as Dust Coal, what is 3A 4A 5A Dust Coal is not too strange, right? But for...

Experience in choosing a third party logistics service provider (3PL)

Linking with a strong third-party service provider (3PL) not only brings profitability, but also helps logistics operations to be operated efficiently...

Regulations on sanctioning of administrative violations in the field of customs are officially issued

On October 19, 2020, Prime Minister Nguyen Xuan Phuc signed to promulgate Decree No. 128/2020 / ND-CP on sanctioning of administrative violations in t...