Logistics Knowledge

Incoterms (International Commercial Terms) are a set of rules defining international trade terms. Incoterms 2020 is considered the most comprehensive version, improving clarity compared to 2010 and 2000 versions.

The attacks targeting Iran and escalating tensions in the Middle East are directly impacting global maritime transport, particularly in the Strait of Hormuz, which handles about 20% of the world’s oil and LNG shipments.

Industry insiders understand that failures in food standard declarations stem not from documentation, but from how standards are built from the outset. Since Decree 46/2024/ND-CP took effect, stricter requirements have caused many businesses to struggle with standard development rather than paperwork.