VIETNAM BUSINESS NEWS JULY 16 vietnamnet.vn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vietnamnet.vn Daily Mail and Mail on Sunday newspapers.
Vietnamese bank secures IFC loan for SMEs and climate projects theasset.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theasset.com Daily Mail and Mail on Sunday newspapers.
Vietnamese businesses are reeling under financial stress as ocean-freight costs soar to a new record level, hindering local exporters’ ambitions to further expand in foreign markets.
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 .