## Company Profile AT ASIA CO., LTD — Vietnam-based freight forwarder (website: http://www.atasia.com.vn). Listed contact: Mr. Daniel (Ngoc Dinh), Managing Director. Likely services: international sea and air freight forwarding, customs clearance, container consolidation and NVOCC-style services, project and refrigerated cargo handling for exporters in southern Vietnam (Ho Chi Minh/Cai Mep corridor). Market position: small-to-mid sized local forwarder focused on export clients (agri-food, seafood, coffee, cashew, rice) rather than large multinational corporate accounts. Scale: not publicly listed; appears to operate regionally with export customers across Southeast Asia and established carrier/terminal relationships at southern gateways. ## Pain Points 1) Rate & capacity volatility: carriers' blank sailings and periodic capacity management on Asia–Europe and Trans‑Pacific loops create short‑term space squeezes and spot rate spikes that upset exporters and force re-routing or rolled bookings. 2) Equipment and reefer shortages at peak season: growing reefer demand for seafood and frozen products risks equipment mismatch and delayed shipments, which forwarders must resolve quickly to protect client relationships. 3) Compliance & traceability burden on exporters: new/strengthened rules (EUDR, US SPS, stricter buyer traceability) mean exporters need coordinated documentation, chain‑of‑custody traceability and buyer introductions — a service gap for forwarders who traditionally only move freight. 4) Sales & market access for exporters moving up the value chain: Vietnamese exporters are shifting toward processed/high‑value products and new markets (EU, US, Japan, Korea); many need help finding buyers and closing commercial contracts, which is outside a forwarder's core capability. ## Intel Summary === MULTI-DIMENSION RESEARCH === === COMMODITY TRENDS (Vietnam ag exports: coffee, rice, seafood, cashew; demand, prices, origin diversification) === 1) Overall ag export context & market diversification - Vietnam’s agro‑forestry‑fishery exports in 2025 continued to grow, with strong performance in coffee, pepper, cashew, seafood and wood products; authorities target around USD 65 billion in total agro‑forestry‑fishery exports.([en.vneconomy.vn](https://en.vneconomy.vn/agricultural-forestry-and-fisheries-exports-on-the-rise.htm?utm_source=openai)) - Policy emphasis for 2025–2026 is to (i) stabilize volumes in traditional markets (Philippines, Indonesia, Malaysia for rice; EU, US, Japan, Korea for coffee/seafood), and (ii) expand processed/value‑added exports and new markets in the EU, Korea, Japan, Singapore under existing FTAs (EVFTA, CPTPP, RCEP).([en.vneconomy.vn](https://en.vneconomy.vn/agricultural-forestry-and-fisheries-exports-on-the-rise.htm?utm_source=openai)) 2) Coffee: record values, price correction, and origin diversification Volumes & values - Coffee export earnings in the first seven months of 2025 reached about USD 6 billion, the highest level ever, with average export price about USD 5,672/t (+53.4% y/y).([vietnamnet.vn](https://vietnamnet.vn/en/vietnam-coffee-exports-hit-6b-record-in-seven-months-2430510.html?utm_source=openai)) - One recent industry report notes that in early 2026, Vietnam earned “more than USD 1 billion in January alone,” with average export prices of roughly USD 5,600–5,850/t and 2025–26 crop output up ~10% to 1.8–1.9 million tonnes.([sellonalibaba.com](https://sellonalibaba.com/en/news/xu-huong-xuat-khau-ca-phe-viet-nam-2026-ky-luc-moi-voi-hon-1-ty-usd-chi-trong-thang-1-chuyen-minh-sang-gia-tri-cao-bung-no-tren-alibaba?utm_source=openai)) Price and margin trends - 2025 was described as a “perfect storm” for coffee: drought in Brazil and poor harvests in Vietnam pushed both arabica and robusta prices to historic highs and erased normal seasonal price declines.([coffeemarket.info](https://www.coffeemarket.info/Reports/2025/11/2025-11-27-en.html?utm_source=openai)) - By early 2026, prices have fallen from the 2025 peak. A Vietnamese financial analysis notes world coffee prices are down about 32% from peak; Vietnam’s export volume in early 2026 rose 12.6% but export revenue fell 6.4%, highlighting the “raw‑export paradox” (more beans shipped but less income).([investify.vn](https://investify.vn/en/blog/2026-04-09-ca-phe-mat-32-tu-dinh-viet-nam-ban-nhieu-thu-it/?utm_source=openai)) - Forward‑looking projections (Rabobank cited in the same analysis) see arabica possibly in the 250–300 US c/lb range in 2H 2026 vs >350 c/lb average in 2025, implying a structurally lower but still historically high price environment.([investify.vn](https://investify.vn/en/blog/2026-04-09-ca-phe-mat-32-tu-dinh-viet-nam-ban-nhieu-thu-it/?utm_source=openai)) Demand & origin diversification - The EU remains the largest market for Vietnamese coffee, accounting for roughly 40–47% of exports; the US is highlighted as the fastest‑growing buyer, driven by robusta used in blends and instant coffee.([sellonalibaba.com](https://sellonalibaba.com/en/news/xu-huong-xuat-khau-ca-phe-viet-nam-2026-ky-luc-moi-voi-hon-1-ty-usd-chi-trong-thang-1-chuyen-minh-sang-gia-tri-cao-bung-no-tren-alibaba?utm_source=openai)) - Demand growth is increasingly concentrated in: • EU (EVFTA preferences; but looming EUDR deforestation rules) • US, Japan, South Korea, China (roasted/ground, instant, and RTD segments)([vietnamnet.vn](https://vietnamnet.vn/en/vietnam-coffee-exports-hit-6b-record-in-seven-months-2430510.html?utm_source=openai)) - Origin diversification on the buyer side: importers in the EU and US have increased sourcing from Vietnam as a hedge against Brazil weather risk. Conversely, there is also more competition: Brazil’s 2026/27 arabica “on‑year” crop is forecast +23–29%, which could pull some demand back toward Brazil if discounts widen.([investify.vn](https://investify.vn/en/blog/2026-04-09-ca-phe-mat-32-tu-dinh-viet-nam-ban-nhieu-thu-it/?utm_source=openai)) Regulatory & sustainability signals - The EU Deforestation Regulation (EUDR) enforcement was pushed back one year, reducing the risk of an abrupt supply shock in 2026 but still forcing Vietnamese exporters to invest in traceability and farm‑level geolocation.([coffeemarket.info](https://www.coffeemarket.info/Reports/2025/11/2025-11-27-en.html?utm_source=openai)) Implications: - Vietnam is still in a high‑price but volatile coffee environment into 2026. - Exporters are moving from raw robusta toward higher‑value products (roasted, soluble, 3‑in‑1 mixes, private‑label for EU/US e‑commerce), partly visible in strong digital platform activity (e.g., Alibaba).([sellonalibaba.com](https://sellonalibaba.com/en/news/xu-huong-xuat-khau-ca-phe-viet-nam-2026-ky-luc-moi-voi-hon-1-ty-usd-chi-trong-thang-1-chuyen-minh-sang-gia-tri-cao-bung-no-tren-alibaba?utm_source=openai)) 3) Rice: high volumes, easing prices, regional demand focus Volumes & markets - Vietnam’s rice exports remained strong through 2025; in the first nine months of 2025, exports reached around 6.8 million tonnes with the Philippines the largest market.([dms.gov.vn](https://www.dms.gov.vn/documents/d/guest/bc-ttnd2025-tieng-anh-pdf?utm_source=openai)) - Authorities expect continued robust imports from the Philippines and Indonesia in 2026, though volumes may soften somewhat as these buyers rebuild stocks and seek price relief after the 2023–24 price spike.([dms.gov.vn](https://www.dms.gov.vn/documents/d/guest/bc-ttnd2025-tieng-anh-pdf?utm_source=openai)) Price trends - A Ministry of Industry and Trade report shows a global rice price index averaging 103.6 points in the first nine months of 2025, down about 9.5% y/y, signaling some normalization after the 2023–24 spike.([dms.gov.vn](https://www.dms.gov.vn/documents/d/guest/bc-ttnd2025-tieng-anh-pdf?utm_source=openai)) - Vietnam’s FOB prices remain competitive but with smaller premium over Thailand/India versus 2023–early 2024; this narrows margins for exporters but helps sustain demand in price‑sensitive African and Southeast Asian markets (Philippines, Indonesia, Malaysia).([dms.gov.vn](https://www.dms.gov.vn/documents/d/guest/bc-ttnd2025-tieng-anh-pdf?utm_source=openai)) Origin & product diversification - Policy documents emphasize maintaining share in core ASEAN buyers (Philippines, Indonesia, Malaysia) while expanding deeper into: • Higher‑income Asia (Japan, South Korea, Singapore) • EU markets for processed rice‑based foods (noodles, vermicelli, pho) rather than just milled rice.([en.vneconomy.vn](https://en.vneconomy.vn/agricultural-forestry-and-fisheries-exports-on-the-rise.htm?utm_source=openai)) - Some ASEAN and African buyers are running competitive tenders where Vietnam competes with Thailand, India, Pakistan; in 2025–26, India’s intermittent export restrictions keep Vietnam and Thailand in a stronger position as reliable suppliers. (This is an inference based on India’s policy pattern combined with Vietnam’s export surge.)([dms.gov.vn](https://www.dms.gov.vn/documents/d/guest/bc-ttnd2025-tieng-anh-pdf?utm_source=openai)) 4) Seafood: record 2025 exports, but mounting 2026 headwinds Volumes, values, and markets - Vietnam’s seafood exports hit a record ~USD 11.3–11.35 billion in 2025, up about 12.4–13.1% versus 2024. Shrimp alone reached roughly USD 4.6 billion (+19% y/y).([seafoodsource.com](https://www.seafoodsource.com/news/supply-trade/vietnam-s-2025-seafood-exports-hit-record-high?utm_source=openai)) - Growth in 2025 came mainly from pivoting away from the US/EU toward Asian and CPTPP markets: increased sales to China, South Korea, Japan, and other Asian destinations as well as CPTPP partners like Canada and Australia.([seafoodsource.com](https://www.seafoodsource.com/news/supply-trade/vietnam-s-2025-seafood-exports-hit-record-high?utm_source=openai)) 2026 demand & regulatory pressures - A May 2026 industry article warns that seafood exports face “mounting challenges” in 2026: • Global demand remains uneven; inflation and weak real incomes in key markets weigh on consumption. • Trade pressures include more anti‑dumping investigations, sanitary/phyto‑sanitary (SPS) checks, and sustainability requirements, especially in the US and EU.([vietfishmagazine.com](https://vietfishmagazine.com/markets/vietnam-seafood-exports-face-mounting-challenges-in-2026.html?utm_source=openai)) - US market risk is rising: reporting notes tightening environmental/traceability rules for certain Vietnamese products (e.g., shrimp, pangasius), with potential restrictions under discussion that would require more rigorous documentation of origin and farming practices.([vietnam-briefing.com](https://www.vietnam-briefing.com/news/vietnams-seafood-exports-growth-drivers-market-shifts-and-2026-outlook.html/?utm_source=openai)) Demand & origin diversification - In response, exporters continue diversifying: • More live and high‑value products (e.g., live lobster, crab) to China/Hong Kong and regional hospitality/food‑service channels.([vietnam-briefing.com](https://www.vietnam-briefing.com/news/vietnams-seafood-exports-growth-drivers-market-shifts-and-2026-outlook.html/?utm_source=openai)) • Expansion of processed/ready‑to‑cook seafood for Japan, Korea, and EU retailers, leveraging tariff preferences and stricter compliance but more stable margins.([vietnam-briefing.com](https://www.vietnam-briefing.com/news/vietnams-seafood-exports-growth-drivers-market-shifts-and-2026-outlook.html/?utm_source=openai)) 5) Cashew: renewed 2026 growth, value focus Volumes & prices - Vietnam is the world’s leading cashew exporter. Customs data for January 2026 show exports of about 50.6 thousand tonnes valued at USD 347 million. This is down ~25.7% in volume and 25.5% in value versus December 2025 (seasonal effect after year‑end rush), but still reflects strong y/y momentum.([ven.congthuong.vn](https://ven.congthuong.vn/cashew-sector-enters-2026-with-renewed-growth-momentum-58811.html?utm_source=openai)) - Sector commentary describes the industry “entering 2026 with renewed growth momentum,” driven by: • Rising global nut consumption; • Improving export prices after a weaker period; • Vietnam’s entrenched market share in major destinations (US, EU, China).([ven.congthuong.vn](https://ven.congthuong.vn/cashew-sector-enters-2026-with-renewed-growth-momentum-58811.html?utm_source=openai)) Demand & market diversification - US and EU remain core markets, but there is growing re‑export and processing demand within Vietnam (snacks, confectionery, bakery, plant‑based dairy), supported by strong growth in the domestic food processing sector in 2025–26.([apps.fas.usda.gov](https://apps.fas.usda.gov/newgainapi/api/Report/DownloadReportByFileName?fileName=Food+Processing+Ingredients+Annual_Hanoi_Vietnam_VM2026-0004.pdf&utm_source=openai)) - Vietnam continues to import raw cashew from Africa (Côte d’Ivoire, Tanzania, Nigeria) for processing and re‑export, reflecting continued geographic diversification of raw material origin even as Vietnam dominates kernel exports. (This is inferred from historic trade patterns plus recent sector commentary on “strong market share in major destinations” and processing focus.)([ven.congthuong.vn](https://ven.congthuong.vn/cashew-sector-enters-2026-with-renewed-growth-momentum-58811.html?utm_source=openai)) 6) Cross‑commodity themes relevant for 2026 - High but moderating prices: Coffee remains in a “high‑cost era” even as futures retreat from 2025 peaks; rice prices have eased; seafood and cashew see modest price improvements, but buyers are highly price‑sensitive.([coffeemarket.info](https://www.coffeemarket.info/Reports/2025/11/2025-11-27-en.html?utm_source=openai)) - Regulatory tightening: EUDR for coffee and cocoa, stricter US SPS and environmental standards for seafood, and domestic Decree 46/2026/ND‑CP on food safety push exporters toward better traceability and compliance systems.([coffeemarket.info](https://www.coffeemarket.info/Reports/2025/11/2025-11-27-en.html?utm_source=openai)) - Origin diversification by buyers: • Coffee buyers hedge between Brazil, Vietnam, and emerging robusta origins. • Rice importers keep Vietnam in a core portfolio alongside Thailand and Pakistan, reducing earlier dependence on India. • Seafood buyers pivot more to intra‑Asia trade when facing US/EU barriers.([vietnamnet.vn](https://vietnamnet.vn/en/vietnam-coffee-exports-hit-6b-record-in-seven-months-2430510.html?utm_source=openai)) [COMMODITY TRENDS sources: ([en.vneconomy.vn](https://en.vneconomy.vn/agricultural-forestry-and-fisheries-exports-on-the-rise.htm?utm_source=openai))] === MARKET EVENTS (Vietnam container export volume, routes, transshipment hubs, Cai Mep–Thi Vai developments, 2026) === 1) Throughput and volume trends in 2026 - According to the Vietnam Port Association (VPA), mainline container throughput at the Cai Mep–Thi Vai cluster reached about 711,429 TEU in January 2026, a 9% increase versus January 2025, reflecting robust growth in direct deep‑sea services.([en.sggp.org.vn](https://en.sggp.org.vn/share124343.html?utm_source=openai)) - A securities research report on Vietnam’s port operator GMD projects container throughput at Cai Mep–Thi Vai to grow at about 6% CAGR over 2025–2029, supported by new capacity and more direct mainline calls.([vdsc.com.vn](https://vdsc.com.vn/data/api/app/file-storage/679d1a01-dde1-4ec1-a44c-08ddcd6493ae/GMD_Initial%20Report_Jul%202025_ENG.pdf?utm_source=openai)) 2) New shipping routes and service deployment - The SGGP report notes that global shipping lines have expanded direct routes from Cai Mep–Thi Vai to: • Trans‑Pacific services (Asia–US West Coast and, increasingly, Asia–US East Coast via Panama/Suez); • Asia–Europe services, using Cai Mep as a main Southeast Asia loading hub.([en.sggp.org.vn](https://en.sggp.org.vn/share124343.html?utm_source=openai)) - Operators have added or upsized loops to capture Vietnam’s export growth in textiles, electronics, furniture, and agri‑foods (coffee, seafood, rice), allowing more exporters to ship direct instead of via transshipment in Singapore or Port Klang.([en.sggp.org.vn](https://en.sggp.org.vn/share124343.html?utm_source=openai)) 3) Port congestion and operational performance - Despite the 9% y/y volume increase in early 2026, port officials at CMIT (Cai Mep International Terminal) report that operations have remained smooth, with no serious berth congestion and stable service levels for trans‑Pacific and Asia–Europe routes. This suggests that recent infrastructure upgrades and yard/berth management have kept capacity ahead of demand so far.([en.sggp.org.vn](https://en.sggp.org.vn/share124343.html?utm_source=openai)) 4) Infrastructure expansions and new transshipment hubs Cai Mep–Thi Vai upgrades - The CMA CGM Group began Phase 2 expansion at the Gemalink terminal (part of Cai Mep–Thi Vai) in April 2026. Once completed (expected by 2027), Gemalink’s annual capacity will increase from 1.7 million TEU to around 3 million TEU. The terminal has been operating at or near full capacity since opening in 2021.([porttechnology.org](https://www.porttechnology.org/cma-cgm-expands-gemalink-terminal-in-vietnam/?utm_source=openai)) - The dual‑port strategy described by Vietnamese authorities positions Cai Mep–Thi Vai as the primary “gateway” port cluster for Vietnam’s import‑export flows, targeting 75–80% gateway cargo and 20–25% transshipment by 2050.([vietnamnet.vn](https://vietnamnet.vn/en/vn-defines-dual-port-strategy-can-gio-for-global-transit-cai-mep-for-gateways-2476295.html?utm_source=openai)) Can Gio international transshipment port - The government‑approved Can Gio international transshipment port (super‑port) near Ho Chi Minh City, green‑lit in January 2025, is planned primarily as a global container transshipment hub. Cai Mep–Thi Vai will focus on gateway cargo, while Can Gio captures large‑scale transit flows.([vietnamnet.vn](https://vietnamnet.vn/en/vn-defines-dual-port-strategy-can-gio-for-global-transit-cai-mep-for-gateways-2476295.html?utm_source=openai)) - This dual‑hub strategy aims to: • Reduce reliance on foreign hubs such as Singapore and Klang for Vietnam‑origin cargo; • Attract more mega‑vessels to call directly in southern Vietnam; • Build an integrated port‑industrial‑logistics ecosystem around HCMC and the southern key economic region.([en.sggp.org.vn](https://en.sggp.org.vn/share124343.html?utm_source=openai)) 5) Other port clusters and inland connectivity - In the north, new berths at Lach Huyen (HTIT and HHIT) are expected to begin operation and support higher container volumes through Hai Phong, complementing southern capacity; national forecasts see combined Vietnamese container throughput growing, with Cai Mep–Thi Vai and Lach Huyen as main clusters.([vdsc.com.vn](https://vdsc.com.vn/data/api/app/file-storage/679d1a01-dde1-4ec1-a44c-08ddcd6493ae/GMD_Initial%20Report_Jul%202025_ENG.pdf?utm_source=openai)) - Road and inland waterway projects linking industrial parks in the Mekong Delta and southeastern provinces to Cai Mep are highlighted as key to cutting trucking times and logistics costs, improving the competitiveness of agri‑food exports like rice, seafood, and coffee.([en.sggp.org.vn](https://en.sggp.org.vn/share124343.html?utm_source=openai)) 6) Implications for Vietnamese exporters in 2026 - Increased mainline capacity out of Cai Mep–Thi Vai (and soon Can Gio) should: • Improve schedule options and transit times for shippers to the US and Europe; • Reduce transshipment dependence and associated risk of delays at foreign hubs; • Support growing containerized exports of coffee, rice, seafood, cashew and processed foods. - So far in early 2026, the system appears to be absorbing volume growth without severe congestion, but utilization at terminals like Gemalink is already very high, which justifies the ongoing capacity expansions.([porttechnology.org](https://www.porttechnology.org/cma-cgm-expands-gemalink-terminal-in-vietnam/?utm_source=openai)) [MARKET EVENTS sources: ([en.sggp.org.vn](https://en.sggp.org.vn/share124343.html?utm_source=openai))] === DEMAND SIGNALS (Asia–Europe & Asia–US ocean freight, Q1–Q2 2026; capacity, blank sailings, equipment for Vietnam) === Note: Reliable, Vietnam‑specific container freight benchmarks are scarce in open sources; most data is regional (Asia–North Europe, Asia–Med, Asia–USWC/USEC). Figures below reflect broader Asia outbound trends that directly affect Vietnamese shippers using the same services. 1) General freight rate levels in early 2026 - Industry and financial sources indicate that container freight rates in Q1 2026 remain below the crisis peaks of 2021–22 but above pre‑COVID averages, reflecting a “new normal” of structurally higher costs (fuel, environmental compliance, port charges).([publications.iadb.org](https://publications.iadb.org/publications/english/document/Trade-trend-estimates-2026.pdf?utm_source=openai)) - Spot Asia–Europe and Asia–US rates spiked intermittently in late 2025 due to capacity management (blank sailings) and disruptions, then eased somewhat into Q1 2026 as more capacity came online and demand normalized. (This is an inference based on general trade‑trend and carrier behavior commentary.)([publications.iadb.org](https://publications.iadb.org/publications/english/document/Trade-trend-estimates-2026.pdf?utm_source=openai)) 2) Capacity deployment and blank sailings - Reports on 2025–26 global trade trends highlight that carriers have responded to softer global goods demand by: • Aggressively managing capacity through blank sailings, slow steaming, and loop suspensions; • Re‑deploying larger, more fuel‑efficient vessels on main East–West trades (Asia–Europe, Trans‑Pacific) while cascading older ships to regional trades, including intra‑Asia.([publications.iadb.org](https://publications.iadb.org/publications/english/document/Trade-trend-estimates-2026.pdf?utm_source=openai)) - For Vietnamese shippers, this manifests as: • Periodic reductions in weekly sailings from major Asian load ports (including Cai Mep–Thi Vai and Hai Phong via shared loops) around Chinese New Year and other demand lulls, tightening short‑term space availability. • More frequent schedule changes and rolled bookings when carriers blank sailings or consolidate services at larger hubs.([en.sggp.org.vn](https://en.sggp.org.vn/share124343.html?utm_source=openai)) 3) Asia–Europe trade lane signals relevant to Vietnam - Asia–North Europe and Asia–Med services calling Cai Mep–Thi Vai are part of broader loops covering multiple Asian load ports. When carriers blank a sailing ex‑China or ex‑Singapore, Vietnamese exporters on the same loop face: • Fewer departures in that week; • Higher short‑term spot rates for remaining sailings; • Potential need to truck/feeder to alternative load ports if cut‑offs are missed.([en.sggp.org.vn](https://en.sggp.org.vn/share124343.html?utm_source=openai)) - Analysts note that, despite slowing European demand, carriers aim to defend rate levels through capacity discipline, leading to volatility rather than a smooth rate decline. This supports a scenario for Q1–Q2 2026 where Asia–Europe rates fluctuate around an elevated floor, with short spikes when blank sailings coincide with demand pockets (e.g., pre‑season shipments for retail, food service).([publications.iadb.org](https://publications.iadb.org/publications/english/document/Trade-trend-estimates-2026.pdf?utm_source=openai)) 4) Asia–US trade lane signals relevant to Vietnam - Trans‑Pacific services from Cai Mep–Thi Vai (to US West and East Coasts) are growing, supported by Vietnam’s rising share of US imports in electronics, furniture, footwear, and food products. However, these services are still a subset of the much larger China and Northeast Asia capacity pool.([en.sggp.org.vn](https://en.sggp.org.vn/share124343.html?utm_source=openai)) - On Asia–US routes, carriers in 2025–26 have been: • Adjusting capacity via blank sailings during post‑holiday lulls; • Introducing GRIs (General Rate Increases) and PSS (Peak Season Surcharges) when demand picks up or when port disruptions occur. This pattern implies that Vietnamese exporters—especially of time‑sensitive coffee and seafood shipments to US roasters and distributors—face intermittent rate surges and tighter space in Q2 periods ahead of peak retail seasons. (Inference based on global trade and port reports combined with Vietnam‑specific volume growth.)([en.sggp.org.vn](https://en.sggp.org.vn/share124343.html?utm_source=openai)) 5) Container and equipment availability for Vietnam - With new ships delivered globally and some softening in world trade growth, structural container shortages of the 2021–22 period have eased by 2025–26. However, imbalances still appear: • Surplus empties in some Western ports; • Localized shortages of food‑grade and reefer containers in exporting countries during peak seasons.([publications.iadb.org](https://publications.iadb.org/publications/english/document/Trade-trend-estimates-2026.pdf?utm_source=openai)) - For Vietnam specifically: • Strong growth in reefer demand (seafood, fruit, frozen prepared foods) can create tightness in reefer equipment at main gateways during seasonal peaks; • Upgrading of port infrastructure (Cai Mep–Thi Vai expansion, future Can Gio hub) should improve container turnaround times and internal repositioning, gradually easing chronic shortages at smaller river ports that handle rice and other agri‑products.([porttechnology.org](https://www.porttechnology.org/cma-cgm-expands-gemalink-terminal-in-vietnam/?utm_source=openai)) 6) Net effect on Vietnamese agri‑food shippers in Q1–Q2 2026 - Cost: Freight remains a higher share of delivered cost than pre‑COVID; coffee/rice/seafood/cashew shippers must assume structurally higher base rates plus periodic surcharges, compressing margins when commodity prices soften (e.g., coffee price correction in 2026).([investify.vn](https://investify.vn/en/blog/2026-04-09-ca-phe-mat-32-tu-dinh-viet-nam-ban-nhieu-thu-it/?utm_source=openai)) - Reliability: Blank sailings and schedule changes are still common; shippers with fixed contracts and strong carrier relationships are better positioned, while smaller exporters relying on spot markets face more volatility and risk of rolled cargo.([publications.iadb.org](https://publications.iadb.org/publications/english/document/Trade-trend-estimates-2026.pdf?utm_source=openai)) - Capacity outlook: Deployment of additional capacity and expansion at Gemalink/Cai Mep suggest a gradually improving medium‑term situation for Vietnamese exporters, even if carriers continue to use blank sailings to manage rate levels.([porttechnology.org](https://www.porttechnology.org/cma-cgm-expands-gemalink-terminal-in-vietnam/?utm_source=openai)) [DEMAND SIGNALS sources: ([publications.iadb.org](https://publications.iadb.org/publications/english/document/Trade-trend-estimates-2026.pdf?utm_source=openai))] Sources: • Agricultural Exports Rise: Key Insights for 2025 - VnEconomy https://en.vneconomy.vn/agricultural-forestry-and-fisheries-exports-on-the-rise.htm?utm_source=openai • Agricultural Exports Rise: Key Insights for 2025 - VnEconomy https://en.vneconomy.vn/agricultural-forestry-and-fisheries-exports-on-the-rise.htm?utm_source=openai • Vietnam coffee exports hit $6B record in seven months https://vietnamnet.vn/en/vietnam-coffee-exports-hit-6b-record-in-seven-months-2430510.html?utm_source=openai • Vietnam Coffee Export Trend 2026: New Record With More Than 1 Billion USD In Just January, Transforming To High Value & Exploding On Alibaba https://sellonalibaba.com/en/news/xu-huong-xuat-khau-ca-phe-viet-nam-2026-ky-luc-moi-voi-hon-1-ty-usd-chi-trong-thang-1-chuyen-minh-sang-gia-tri-cao-bung-no-tren-alibaba?utm_source=openai • 2026 Coffee Market Outlook | Coffee Market Info https://www.coffeemarket.info/Reports/2025/11/2025-11-27-en.html?utm_source=openai • Vietnam Coffee Export Trend 2026: New Record With More Than 1 Billion USD In Just January, Transforming To High Value & Exploding On Alibaba https://sellonalibaba.com/en/news/xu-huong-xuat-khau-ca-phe-viet-nam-2026-ky-luc-moi-voi-hon-1-ty-usd-chi-trong-thang-1-chuyen-minh-sang-gia-tri-cao-bung-no-tren-alibaba?utm_source=openai • Vietnam coffee exports hit $6B record in seven months https://vietnamnet.vn/en/vietnam-coffee-exports-hit-6b-record-in-seven-months-2430510.html?utm_source=openai • Coffee Down 32% From Peak, Vietnam Sells More but Earns Less - Investify https://investify.vn/en/blog/2026-04-09-ca-phe-mat-32-tu-dinh-viet-nam-ban-nhieu-thu-it/?utm_source=openai • Coffee Down 32% From Peak, Vietnam Sells More but Earns Less - Investify https://investify.vn/en/blog/2026-04-09-ca-phe-mat-32-tu-dinh-viet-nam-ban-nhieu-thu-it/?utm_source=openai • Vietnam Coffee Export Trend 2026: New Record With More Than 1 Billion USD In Just January, Transforming To High Value & Exploding On Alibaba https://sellonalibaba.com/en/news/xu-huong-xuat-khau-ca-phe-viet-nam-2026-ky-luc-moi-voi-hon-1-ty-usd-chi-trong-thang-1-chuyen-minh-sang-gia-tri-cao-bung-no-tren-alibaba?utm_source=openai • Vietnam’s 2025 seafood exports hit record high | SeafoodSource https://www.seafoodsource.com/news/supply-trade/vietnam-s-2025-seafood-exports-hit-record-high?utm_source=openai • Vietnam’s 2025 seafood exports hit record high | SeafoodSource https://www.seafoodsource.com/news/supply-trade/vietnam-s-2025-seafood-exports-hit-record-high?utm_source=openai • Vietnam seafood exports face mounting challenges in 2026 – Vietnam Fisheries Magazine https://vietfishmagazine.com/markets/vietnam-seafood-exports-face-mounting-challenges-in-2026.html?utm_source=openai • Vietnam’s Seafood Exports: Growth Drivers, Market Shifts, and Outlook https://www.vietnam-briefing.com/news/vietnams-seafood-exports-growth-drivers-market-shifts-and-2026-outlook.html/?utm_source=openai • Vietnam’s Seafood Exports: Growth Drivers, Market Shifts, and Outlook https://www.vietnam-briefing.com/news/vietnams-seafood-exports-growth-drivers-market-shifts-and-2026-outlook.html/?utm_source=openai • Vietnam’s Seafood Exports: Growth Drivers, Market Shifts, and Outlook https://www.vietnam-briefing.com/news/vietnams-seafood-exports-growth-drivers-market-shifts-and-2026-outlook.html/?utm_source=openai • Cashew sector enters 2026 with renewed growth momentum https://ven.congthuong.vn/cashew-sector-enters-2026-with-renewed-growth-momentum-58811.html?utm_source=openai • Cashew sector enters 2026 with renewed growth momentum https://ven.congthuong.vn/cashew-sector-enters-2026-with-renewed-growth-momentum-58811.html?utm_source=openai • Required Report: Required - Public Distribution https://apps.fas.usda.gov/newgainapi/api/Report/DownloadReportByFileName?fileName=Food+Processing+Ingredients+Annual_Hanoi_Vietnam_VM2026-0004.pdf&utm_source=openai • Cashew sector enters 2026 with renewed growth momentum https://ven.congthuong.vn/cashew-sector-enters-2026-with-renewed-growth-momentum-58811.html?utm_source=openai • 2026 Coffee Market Outlook | Coffee Market Info https://www.coffeemarket.info/Reports/2025/11/2025-11-27-en.html?utm_source=openai • 2026 Coffee Market Outlook | Coffee Market Info https://www.coffeemarket.info/Reports/2025/11/2025-11-27-en.html?utm_source=openai • Vietnam coffee exports hit $6B record in seven months https://vietnamnet.vn/en/vietnam-coffee-exports-hit-6b-record-in-seven-months-2430510.html?utm_source=openai • Agricultural Exports Rise: Key Insights for 2025 - VnEconomy https://en.vneconomy.vn/agricultural-forestry-and-fisheries-exports-on-the-rise.htm?utm_source=openai • MINISTRY OF INDUSTRY AND TRADE https://www.dms.gov.vn/documents/d/guest/bc-ttnd2025-tieng-anh-pdf?utm_source=openai • MINISTRY OF INDUSTRY AND TRADE https://www.dms.gov.vn/documents/d/guest/bc-ttnd2025-tieng-anh-pdf?utm_source=openai • MINISTRY OF INDUSTRY AND TRADE https://www.dms.gov.vn/documents/d/guest/bc-ttnd2025-tieng-anh-pdf?utm_source=openai • MINISTRY OF INDUSTRY AND TRADE https://www.dms.gov.vn/documents/d/guest/bc-ttnd2025-tieng-anh-pdf?utm_source=openai • Agricultural Exports Rise: Key Insights for 2025 - VnEconomy https://en.vneconomy.vn/agricultural-forestry-and-fisheries-exports-on-the-rise.htm?utm_source=openai • MINISTRY OF INDUSTRY AND TRADE https://www.dms.gov.vn/documents/d/guest/bc-ttnd2025-tieng-anh-pdf?utm_source=openai • Vietnam’s 2025 seafood exports hit record high | SeafoodSource https://www.seafoodsource.com/news/supply-trade/vietnam-s-2025-seafood-exports-hit-record-high?utm_source=openai • Vietnam’s 2025 seafood exports hit record high | SeafoodSource https://www.seafoodsource.com/news/supply-trade/vietnam-s-2025-seafood-exports-hit-record-high?utm_source=openai • Ports accelerate thanks to infrastructure links | SGGP English Edition https://en.sggp.org.vn/share124343.html?utm_source=openai • Initial Report | SeaportsRONG VIET https://vdsc.com.vn/data/api/app/file-storage/679d1a01-dde1-4ec1-a44c-08ddcd6493ae/GMD_Initial%20Report_Jul%202025_ENG.pdf?utm_source=openai • Ports accelerate thanks to infrastructure links | SGGP English Edition https://en.sggp.org.vn/share124343.html?utm_source=openai • Ports accelerate thanks to infrastructure links | SGGP English Edition https://en.sggp.org.vn/share124343.html?utm_source=openai • Ports accelerate thanks to infrastructure links | SGGP English Edition https://en.sggp.org.vn/share124343.html?utm_source=openai • TRADE TRENDS ESTIMATES https://publications.iadb.org/publications/english/document/Trade-trend-estimates-2026.pdf?utm_source=openai • TRADE TRENDS ESTIMATES https://publications.iadb.org/publications/english/document/Trade-trend-estimates-2026.pdf?utm_source=openai • Ports accelerate thanks to infrastructure links | SGGP English Edition https://en.sggp.org.vn/share124343.html?utm_source=openai • Ports accelerate thanks to infrastructure links | SGGP English Edition https://en.sggp.org.vn/share124343.html?utm_source=openai • TRADE TRENDS ESTIMATES https://publications.iadb.org/publications/english/document/Trade-trend-estimates-2026.pdf?utm_source=openai • CMA CGM expands Gemalink terminal in Vietnam - Port Technology International https://www.porttechnology.org/cma-cgm-expands-gemalink-terminal-in-vietnam/?utm_source=openai • VN defines dual-port strategy: Can Gio for global transit, Cai Mep for gateways https://vietnamnet.vn/en/vn-defines-dual-port-strategy-can-gio-for-global-transit-cai-mep-for-gateways-2476295.html?utm_source=openai • Ports accelerate thanks to infrastructure links | SGGP English Edition https://en.sggp.org.vn/share124343.html?utm_source=openai • Ports accelerate thanks to infrastructure links | SGGP English Edition https://en.sggp.org.vn/share124343.html?utm_source=openai • TRADE TRENDS ESTIMATES https://publications.iadb.org/publications/english/document/Trade-trend-estimates-2026.pdf?utm_source=openai • CMA CGM expands Gemalink terminal in Vietnam - Port Technology International https://www.porttechnology.org/cma-cgm-expands-gemalink-terminal-in-vietnam/?utm_source=openai • TRADE TRENDS ESTIMATES https://publications.iadb.org/publications/english/document/Trade-trend-estimates-2026.pdf?utm_source=openai • TRADE TRENDS ESTIMATES https://publications.iadb.org/publications/english/document/Trade-trend-estimates-2026.pdf?utm_source=openai