Joining the world logistics passport (WLP) initiative could help enterprises reduce logistics costs and increase competitiveness for exports.

For each container of woodwork shipped from the Cat Lai port in Ho Chi Minh City, Vietnam, to the United States, exporters have to pay up to US$25,000.

VOV.VN - Logistics enterprises must boost business co-operation, intensify investment in innovating reasonable operating and transportation methods, as well as strongly develop the nation’s shipping fleet in the future in an effort to reduce logistics costs, according to industry insiders.

VOV.VN - Many Vietnamese businesses have felt the pinch as petrol and logistics costs are rising considerably, causing many to lose export orders signed with partners.

The Ministry of Foreign Affairs on December 12 held a seminar to discuss measures to further foster cooperation between several Vietnamese localities and the European Union (EU).

Vietnam’s cashew nut exports saw encouraging growth this year despite COVID-19-induced restrictions, shipping container shortage and rising logistics costs, statistics of the General Department of Vietnam Customs show.

Vietnam is at risk of losing out on major pepper export markets due to increasing logistics costs, according to the Vietnam Pepper Association (VPA).

The Import and Export Sub-Department, has received complaints from businesses and business groups about a shortage of containers that has led to an unprecedented increase in shipping tariffs, its deputy director Tran Thanh Hai has said.

Vietnamese logistics firms, especially small and medium-sized ones, need to get up to speed on digital transformation to enhance their competitiveness if they want to enter global markets after the pandemic ends, experts have said.