Son Nguyen

SCS's Q3 20 international cargo volume saw a rebound from the lows in Q2 20 thanks to effective response to the pandemic from Vietnam and some of its main Asian trading partners. Q3 20 results showed a positive recovery despite remaining low compared...

We noticed positive signals in the first two months of Q3 20 when SCS's international cargo volume dropped only by 9.3% yoy in July and August compared with a decline of 27% yoy in Q2 20. Owing to the recovery in July and August, we estimate volume t...