Vietnamplus

Vietnam needs to have an appropriate strategy to promote the development of air logistics and tap its large potential, experts have said.

Rising logistic costs are hindering exports, putting firms at risk.

Record-high sea freight rates have seen shipping companies produce positive second-quarter earnings reports.

Some Vietnamese shipping companies operating in the Asian market are predicted to benefit from a hike in container shipping costs due to the impacts of the COVID-19 pandemic.

Freight rates and surcharges in addition to the price of container shipping services by sea of foreign shipping lines in Vietnam have increased rapidly and uncontrollable in recent time in the context that Vietnamese enterprises are struggling with other increasing expenses due to the COVID-19.

Vietnam’s shipping fleet must improve its capacity to narrow the gap in import and export markets and regain market share taken by foreign shipping lines.

Maritime transport costs have skyrocketed in recent months as the impact of the COVID-19 pandemic takes its toll, pushing import-export companies into a lot of difficulties.

Soaring air freight rates and rising cancellations of trips by cargo ships due to the COVID-19 pandemic have put further pressure on global supply chains. according to insiders.

The railway sector is looking to attract more investment and improve its competiveness, but the lack of capital as well as mechanisms and policies has hampered its development.