ASEAN share of US-bound container shipping surpasses 20 pct for first time

[Viet]

At a Vietnamese sea port (Photo: VNA)


Hanoi (VNA) – Total shipping volume from members of the Association of Southeast Asian Nations (ASEAN) increased in 2020, pushing its global share above the 20 percent mark for the first time and making its presence felt in the US-bound marine transportation market, reported Nikkei Asia Review.

In contrast, the share of shipping originating in China, which is the highest globally, has decreased for two straight years.

As the US-China trade tension simmered, the COVID-19 pandemic hit the global economy. The latest trends in US-bound marine transport, which also showed increased Vietnamese furniture exports, indicate a stay-at-home US lifestyle.

These trends have been revealed by the Japan Maritime Centre, which tallied US-bound transportation from 18 Asian countries and regions. The figures show a notable increase in shipping from ASEAN, including Singapore and seven other countries.

The volume reached 4.01 million units, based on the capacity of a standard 20-foot container, representing a year-on-year increase of 16.1 percent and exceeding the 4 million mark for the first time, with ASEAN's share increasing 2.3 percentage points to 21.9 percent.

In particular, Vietnam, which contained infections relatively early, increased its presence, the article added.

The US-bound volume originating in Vietnam increased 24.8 percent to 1.99 million units, posting a share of 10.8 percent, up 1.8 percentage points from a year earlier.

The share expansion of the ASEAN region was driven also by the homebound lifestyle in the US.

ASEAN's US-bound shipping volume of furniture increased 13.1 percent and 29.4 percent for home electronics from a year earlier. This helped boost the volume departing from Vietnam, which has many furniture and smartphone plants.

Viá»t Nam-Nháºt thá»a thuáºn tÄng hợp tác nông nghiá»p

Viá»t Nam và Nháºt Bản Äã ký thá»a thuáºn vá» tÄng hợp tác trong nông nghiá»p, trong Äó có viá»c tÄng nÄng lá»±c sản xuất, Äa dạng hóa nông nghiá»p và quản lý rừng bá»n vững.

en-vietnamplus-vn.cdn.ampproject.org

 

[ZeEa5KPul]

Total shipping volume from members of the Association of Southeast Asian Nations (ASEAN) increased in 2020, pushing its global share above the 20 percent mark for the first time and making its presence felt in the US-bound marine transportation market, reported Nikkei Asia Review.

In contrast, the share of shipping originating in China, which is the highest globally, has decreased for two straight years.

Hmmm... I wonder if it's connected...

Transshipment - Wikipedia

en.wikipedia.org

 

[Viva_Viet]

View attachment 736432
At a Vietnamese sea port (Photo: VNA)


Hanoi (VNA) – Total shipping volume from members of the Association of Southeast Asian Nations (ASEAN) increased in 2020, pushing its global share above the 20 percent mark for the first time and making its presence felt in the US-bound marine transportation market, reported Nikkei Asia Review.

In contrast, the share of shipping originating in China, which is the highest globally, has decreased for two straight years.

As the US-China trade tension simmered, the COVID-19 pandemic hit the global economy. The latest trends in US-bound marine transport, which also showed increased Vietnamese furniture exports, indicate a stay-at-home US lifestyle.

These trends have been revealed by the Japan Maritime Centre, which tallied US-bound transportation from 18 Asian countries and regions. The figures show a notable increase in shipping from ASEAN, including Singapore and seven other countries.

The volume reached 4.01 million units, based on the capacity of a standard 20-foot container, representing a year-on-year increase of 16.1 percent and exceeding the 4 million mark for the first time, with ASEAN's share increasing 2.3 percentage points to 21.9 percent.

In particular, Vietnam, which contained infections relatively early, increased its presence, the article added.

The US-bound volume originating in Vietnam increased 24.8 percent to 1.99 million units, posting a share of 10.8 percent, up 1.8 percentage points from a year earlier.

The share expansion of the ASEAN region was driven also by the homebound lifestyle in the US.

ASEAN's US-bound shipping volume of furniture increased 13.1 percent and 29.4 percent for home electronics from a year earlier. This helped boost the volume departing from Vietnam, which has many furniture and smartphone plants.

Viá»t Nam-Nháºt thá»a thuáºn tÄng hợp tác nông nghiá»p

Viá»t Nam và Nháºt Bản Äã ký thá»a thuáºn vá» tÄng hợp tác trong nông nghiá»p, trong Äó có viá»c tÄng nÄng lá»±c sản xuất, Äa dạng hóa nông nghiá»p và quản lý rừng bá»n vững.

en-vietnamplus-vn.cdn.ampproject.org

Nice, more jobs coming to ASEAN while more jobless ppl in CN

 

[ZeEa5KPul]

Nice, more jobs coming to ASEAN while more jobless ppl in CN

I'm glad you're happy with the crumbs you're receiving, I truly am. China's economy has ascended past the phase of export-driven growth and is now powerful and developed enough to switch to consumption-led growth - as befits its stature. You can worry about jobs in textiles or whatever it is you do, China will worry about developing world-changing technology.

 

[Viva_Viet]

I'm glad you're happy with the crumbs you're receiving, I truly am. China's economy has ascended past the phase of export-driven growth and is now powerful and developed enough to switch to consumption-led growth - as befits its stature. You can worry about jobs in textiles or whatever it is you do, China will worry about developing world-changing technology.

Then u don't need to keep bragging the same thing days after days abt CN economy, its very boring to read .Just shutdown your laptop and go to sleep.

while u guys r bragging how "powerful and developed " CN economy is, PM Li is worrying abt 600 millions Cnese earning less than 140 usd per month, plus thousands to millions Cnese earning about 62 usd per week


---------
Workers at a factory in China used by the company that makes clothing for Ivanka Trump’s fashion line and other brands worked nearly 60 hours a week to earn wages of little more than $62 a week, according to a factory audit released Monday.

China's textile, garment exports expand in November

Doesn't change the fact that most of your work is doing sweatshop labor for foreign brands. They got very low salary, dont know why CN GDP per capital is 10,000 $ now. Its a super fake data :lol: --------- Workers at a factory in China used by the company that makes clothing for Ivanka Trump’s...

defence.pk

 

[ZeEa5KPul]

Then u don't need to keep bragging the same thing days after days abt CN economy, its very boring to read

Everything you write is extremely boring to read and a grotesque affront to spelling and grammar, yet you keep writing it. To be honest, you're severely embarrassing your country with your ineptitude and total inability to employ logic in argument. You're incapable of even the simplest polemics that come naturally to elementary schoolers.

PM Li is worrying abt 600 millions Cnese earning less than 140 usd per month

One, that's simply false. The average salary in China is around 90,500 RMB per annum. Converting to USD gives around $1,150 per month - a thousand dollars more than your fabricated quote. So, either you don't know what you're talking about, or the other 600 million Chinese workers would have to be making nearly double that figure for the numbers to work out. But you've already demonstrated that you lack even a rudimentary grasp of arithmetic, so I'm sure all that went over your head.

Second, the premier isn't worried - he spends his time thinking about how to solve problems. It's what competent administrators do. Of course, Vietnamese administrators do no such thing.

Workers at a factory in China

This has what to do with the nature of the Chinese economy?

 

[Viva_Viet]

Everything you write is extremely boring to read and a grotesque affront to spelling and grammar, yet you keep writing it.

Then just go to sleep. Its boring to read your post. See, I never quote your post first while u keep begging me to talk wt u

 

[ZeEa5KPul]

Then just go to sleep. Its boring to read your post. See, I never quote your post first while u keep begging me to talk wt u

It's true, I can't help myself. Everything you write is so offensively stupid that I find myself compelled to respond.

 

[Viva_Viet]

It's true, I can't help myself. Everything you write is so offensively stupid that I find myself compelled to respond.

Yeah, just go to sleep...while more poor Cnese lost jobs due to the share of shipping originating in China, which is the highest globally, has decreased for two straight years.

 

[ZeEa5KPul]

Yeah, just go to sleep...while more poor Cnese lost jobs due to the share of shipping originating in China, which is the highest globally, has decreased for two straight years.

Post Chinese unemployment data to back up your claim. The days of you being treated with kid gloves because of your cognitive handicap are long past. You no longer get a free pass to pollute threads in this section with the verbal equivalent of sewage.

 

[Viva_Viet]

Post Chinese unemployment data to back up your claim. The days of you being treated with kid gloves because of your cognitive handicap are long past. You no longer get a free pass to pollute threads in this section with the verbal equivalent of sewage.

Cnese unemployment data? Prove that CN didn't twist the data first.

Btw,go to sleep, its so bored to keep posting the same things again and again wt CN troller.

----
China loses five million jobs in trade war

The industrial sector has been hit hard in the past year. Almost two million jobs disappeared because of the clash with Washington. The politburo seeks new ways to shore up employment, a key sector for the country’s political and social stability. Meanwhile, multinationals leave.

China loses five million jobs in trade war

The industrial sector has been hit hard in the past year. Almost two million jobs disappeared because of the clash with Washington. The politburo seeks new ways to shore up employment, a key sector fo

asianews.it

 

[ZeEa5KPul]

Cnese unemployment data? Prove that CN didn't twist the data first.

Btw,go to sleep, its so bored to keep posting the same things again and again wt CN troller.

----
China loses five million jobs in trade war

The industrial sector has been hit hard in the past year. Almost two million jobs disappeared because of the clash with Washington. The politburo seeks new ways to shore up employment, a key sector for the country’s political and social stability. Meanwhile, multinationals leave.

China loses five million jobs in trade war

The industrial sector has been hit hard in the past year. Almost two million jobs disappeared because of the clash with Washington. The politburo seeks new ways to shore up employment, a key sector fo

asianews.it

I'm thoroughly unsurprised that this is what you consider a source

this according to China International Capital Corp (CICC) economists Liang Hong and Yi Huan.

Well, my cousin says the Chinese economy added five million jobs. That's as good a source as you posted, prove it wrong.

 

[Viva_Viet]

I'm thoroughly unsurprised that this is what you consider a source

Well, my cousin says the Chinese economy added five million jobs. That's as good a source as you posted, prove it wrong.

All of your data is not worth to read, thats why US-EU have trade war with u, bcs they dont trust CN anymore

 

[ayodhyapati]

good and encouraging news for south east asian countries .

 

[FairAndUnbiased]

Yeah, just go to sleep...while more poor Cnese lost jobs due to the share of shipping originating in China, which is the highest globally, has decreased for two straight years.

Almost all workers in Vietnam earn less than 3300 USD

http://www.salaryexplorer.com/salary-survey.php?loc=236&loctype=1 76,900,000 VND = 3300 USD

defence.pk