In recent years, the United States has always been Vietnam's largest export market. According to the latest data from the General Statistics Office (Ministry of Planning and Investment), Notably, in terms of export and import markets in 2022, the United States is Vietnam's largest export market with a turnover of estimated at 109.3 billion USD. This is also the first export market so far to surpass 100 billion USD/year. Vietnam has also become the 10th largest trading partner of the United States, becoming an important link in the supply chain of many goods for this market.

 The United States is a strict market not only in terms of goods quality standards, but also in many regulations on goods declaration for authorities. In it, there is an agency that plays a very important role - it is the US Federal Maritime Commission (FMC). The FMC license granted by this Commission is the passport that brings Vietnamese logistics enterprises deep into the US market - the largest export market in Vietnam today.

 FMC license to provide US freight services is a mandatory requirement, but not all businesses can do it. Currently, the US Federal Maritime Commission only approves foreign NVOCCs to register when they can demonstrate a financial guarantee of up to $150,000 and have multimodal carrier liability insurance. According to statistics of the Vietnam Logistics Business Association (VLA), out of more than 30,000 businesses registered to provide logistics-related services, only about 4,000 can afford to provide transportation services. Currently, there are less than 100 businesses with FMC licenses by sea connecting internationally and Vietnam (Thailand 28, Malaysia 26, Cambodia 2).

 With the goal of carrying out the task of improving competitiveness, towards professional activities for the export freight route to the US market, TIMING-CHAIN ​​INTERNATIONAL has submitted an application for FMC license and officially licensed with registration number 032694 to become an intermediary carrier in Vietnam for the North American trade route and is subject to the control of the US Federal Maritime Commission on shipping quotes.

List of companies licensed by the US Federal Maritime Commission FMC

Successfully registered and licensed for FMC, TIMING-CHAIN ​​INTERNATIONAL has proven important about the company's good reputation and financial potential, its ability to independently sign service contracts directly with shipping lines. has the service of transporting goods to the US, as well as being able to issue a sea waybill for shipments exported to the US market to help customers not only optimize freight costs, but also directly convenient and fast way to work with domestic carriers that meet the standards of the US Federal Maritime Commission. 

Please contact TIMING-CHAIN ​​INTERNATIONAL to best serve the diverse needs of customers' transportation services.