At Tan Cang, Cat Lai port in Ho Chi Minh City (Photo: VNA) HCM City (VNS/VNA) - Container and warehouse shortages and surging container shipping costs have hit the textile and garment industry hard, insiders told a seminar in Ho Chi Minh City.
Speaking at the seminar organised by the Vietnam Textile and Apparel Association (VITAS) and Saigon Newport Corporation last week, Nguyen Thi Tuyet Mai, deputy general secretary of the association, said container shortages and delays at ports are causing a headache for exporters and importers globally.
Delivery delays mean textile and garment businesses could have to pay compensation to buyers, she said.
Logistics costs threaten to affect Vietnam’s economic competitiveness, particularly its textile and garment industry, she said.
Vietnam needs to develop shipping lines for shipments to Europe and the US, which are large markets for its textile and garment businesses, making it less reliant on international shipping lines, she added.
Nguyen Thi My Le, deputy marketing director of Saigon Newport Corporation, said her company has made efforts to provide a full package of logistics services and solutions to help customers reduce costs.
Textiles are among the country’s major export items, and Saigon Newport accounted for their largest cargo throughput last month, she said.
Exports this year are estimated at 39 billion USD, up 11.2 percent, according to VITAS./.
Speaking at the seminar organised by the Vietnam Textile and Apparel Association (VITAS) and Saigon Newport Corporation last week, Nguyen Thi Tuyet Mai, deputy general secretary of the association, said container shortages and delays at ports are causing a headache for exporters and importers globally.
Delivery delays mean textile and garment businesses could have to pay compensation to buyers, she said.
Logistics costs threaten to affect Vietnam’s economic competitiveness, particularly its textile and garment industry, she said.
Vietnam needs to develop shipping lines for shipments to Europe and the US, which are large markets for its textile and garment businesses, making it less reliant on international shipping lines, she added.
Nguyen Thi My Le, deputy marketing director of Saigon Newport Corporation, said her company has made efforts to provide a full package of logistics services and solutions to help customers reduce costs.
Textiles are among the country’s major export items, and Saigon Newport accounted for their largest cargo throughput last month, she said.
Exports this year are estimated at 39 billion USD, up 11.2 percent, according to VITAS./.
VNA
