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Holiday Notice - New Year Day

Our office will be closed on Mon,  jan 1 st  , 2018 and resume normal work on  Tue, Jan 2 nd, 2017 due to New Year Day. Taking this opportunity, we like to thank all our customers, business partners for your valuable supports ...

Changing to new area codes for landline phones in Viet Nam
Effective by the below scheduled, our offices will change the area code of their landline phones

VP Tel Fax From
Danang (236)
358 3686
358 3686
Haiphong (225)
382 1275
382 1276
Hanoi (24)
3514 7047
3514 7047
Saigon (28)
3899 8696
3899 8699

Sales Logistics Career opportunities for those young people who are energetic, creative, competent and desire to work in a professional environment in which human factors are considered valuable assets.
ANNOUNCEMENT OF CLM CERTIFICATION (CLM-079) We pleased to announce that our Documents Team Leader – Pham Thanh Hoai - has certified for the “Certificated Logistics Master Program” – funded by the Mekong-Republic of Korea (ROK) Cooperation Fund (MRCF).
Popularity of of index-linked service contracts

OF the 50 service contracts filed with the US Federal Maritime Commission (FMC), almost half are linked to Drewry indexes, attesting to the popularity of the Britain's Drewry Maritime Research container freight rates analysis, reports London's Containerisation International.

Said Drewry's Container Freight Rate Insight research chief Martin Dixon: "More and more retailers and manufacturers are coming to Drewry for advice on how to construct index-linked contracts. The commission's comments quash any impression that carriers will not sign index-linked contracts that reference spot rate indices."

The FMC is close to setting new rules that make it easier to draw up index-linked contracts. Under FMC regulations today, US service contracts can only reference outside terms, such as a rate in a freight index contained in a publication widely available to the public and well-known in the industry.

The proposed rule change would allow contracts to reference freight indices or other outside terms, so long as they are readily available to the parties and the FMC.
As the period for comment ended on November 22, FMC chief of staff Lowry Crook said the commission should be ready to promulgate a new rule by January.
"The proposed rule would give carriers and shippers the certainty and flexibility to use indices and derivatives in contracts as it removes legal uncertainties," he said.
"It's another tool they can use - a combination of using the index and being able to hedge risk. Most exports are low value, which means transportation is even more important. Any fluctuation in transportation really makes a difference in whether an exporter is profitable or not," Mr Crook said.

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T & M Forwarding Ltd.
( Ho Chi Minh Head Office )
Pearl Plaza Office Tower, 17/F
561A Dien Bien Phu St.,
Ward 25, Binh Thanh District
Ho Chi Minh City - VIETNAM
Tel: +84 (28) 3899 8696
Fax: +84 (28) 3899 8699
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