Vietnamese exporters are struggling to send goods abroad despite high demand because of a nearly five-fold year-on-year surge in container shipping costs. Shipping costs from Asia to Europe rose above $10,000 per container for the first time on record last week, a 485 percent increase year-on-year, according to the Drewry World Container Index. Ho Van .
Container shortage compounds Vietnamese exporters’ shipping woes
By Vien Thong, Dat Nguyen April 7, 2021 | 12:00 pm GMT+7
A container ship docks at Tan Cang Cai Mep Port in Ba Ria–Vung Tau Province, southern Vietnam. Photo by VnExpress/Dang Khoa.
Vietnamese businesses are once again struggling to get containers to export their goods amid a global imbalance in the logistics sector.
Bui Thi Ngoc Tuyen, deputy director of Bich Chi Food Company in the southern province of Dong Thap, said as empty containers have become scarcer, prices have tripled. We struggle to get enough containers for our goods, and even if we do, there is no ship to transport them.
Container shortage compounds Vietnamese exporters’ shipping woes
A container ship docks at Tan Cang Cai Mep Port in Ba Ria–Vung Tau Province, southern Vietnam. Photo by VnExpress/Dang Khoa.
Vietnamese businesses are once again struggling to get containers to export their goods amid a global imbalance in the logistics sector.
Bui Thi Ngoc Tuyen, deputy director of Bich Chi Food Company in the southern province of Dong Thap, said as empty containers have become scarcer, prices have tripled.
“We struggle to get enough containers for our goods, and even if we do, there is no ship to transport them.”