Business in Asia: International Trading & Logistics news

China welcomes expansion of two-way trade and investment with Denmark

Wang Yi, Chinese State Councilor and Foreign Minister said during a phone conversation with Jeppe Kofod, Danish Foreign Minister, that China welcomes the expansion of two-way trade and investment with Denmark. According to Wang Yi, Denmark and China’s bilateral ties have maintained good momentum for development since the establishment of the countries’ diplomatic relationship 70…

Finnish Nurminen Logistics opens 3 new train routes between China to Finland

On 22 January 2021, Nurminen Logistics, a Finnish company providing cargo handling and railway transport services announced the opening of three new train routes from China to Europe. The company’s Chinese container train traffic volumes have tripled during 2020 and the new routes will be opened to meet the increased demand. Marjut Linnajärvi, Sales Director…

EU investors proposed to invest 1 Billion dollar in logistic Center in Phu My, Vietnam

Many major investors in Europe propose to pour about $ 1 billion to develop logistics center in Phu My (Ba Ria – Vung Tau). This is the effect from the Free Trade Agreement between Vietnam and the European Union (EVFTA) and will open the opportunity to bring Phu My to the center of the port…

Asia in container crisis as world’s demand for medical equipment increase

There is an unpredictable shortage of shipping containers in Asia and it has never been more expensive to transport a container of goods from Asia to other parts of the world than it is now. As factories in China, Vietnam, Taiwan, and South Korea have experienced an increasingly high demand for medical equipment during the…

Norway exports cancer medicine to China

The Department of Energy Technology (IFE) at the Norwegian town of Kjeller have been producing and exporting approximately 400,000 doses of the cancer drug Xofigo in the last seven years. Now China is adding to the list of recipient countries and the first shipment of the cancer drug left Kjeller for China 04 December 2020.…

Danish Consulate General Shanghai at the heart of Chinese trade, digitalisation

Looking, in year 2020, at Shanghai, and from a Nordic perspective in particular Danish activity seems to be incredibly brisk. Their flow of trade-related undertakings are relentless, paired with the very fact that Denmark’s Shanghai mission includes a team of fifty men and women – which speaks volumes about the importance of this hub for…

Food from Finland Roadshow in Hangzhou and Shanghai has completed

Food from Finland Roadshow stopped in Hangzhou and Shanghai on the 17 to 18 of November 2020. Business Finland’s Food from Finland program focuses on the growth of Finnish food industry and the promotion of exports. Both events began with a welcoming speech by Consul General Pasi Hellman followed by an introduction by Esa Wrang,…

Swedish Innovation Pioneers Summit 2020 event was a success

The world is changing at a more rapid pace than ever before. This is the time to join forces and collaborate to help shape the new normal through sustainable innovation. On 12 November 2020 the embassy of Sweden released the latest work: Vietnamese innovation leaders JunctionX and BKHolding at the support of the Swedish Embassy…

Denmark’s Minister for Food, Fisheries and Equal Opportunities wishes to strengthen China-Denmark cooperation

Denmark’s Minister for Food, Fisheries and Equal Opportunities Mogens Jensen said in an interview with Xinhua on 10 November 2020 that he saw the largest-ever representation of Danish food companies at the 3rd China International Import Expo (CIIE) as a great sign of the very strong mutual benefits of Danish-Chinese cooperation. “Danish food production is…

Get to know more of Thailand’s Eastern Economic Corridor (EEC) in the next webinar on 26 Nov

The Thai-Finnish Chamber of Commerce (TFCC) together with the Thailand Board of Investment (BOI), the Eastern Economic Corridor Office (EECO), and the Embassy of Finland in Bangkok, will be hosting a webinar on Eastern Economic Corridor (EEC) on 26 November, starting at 3 PM (Thailand)/10 AM (Finland). In the event, EEC’s and BOI’s specialists will…