Alert for cargo even as Vietnam becomes SE Asia's fastest-growing economy
Backed by booming exports, Vietnam is on track to become South-east Asia’s fastest-growing economy this ...
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E-shipping solutions could be a way to arrest Vietnam’s declining trade competitiveness in south-east Asia, according to Maersk.
In a trade report this morning, the company claims that despite Vietnam being expected to post 5.5% GDP growth this year, this is lower than regional rivals Laos, Cambodia, Myanmar and the Philippines.
In addition, logistics expenditure remains high – at around 25% of its GDP, it is among the highest in the region – and companies are forecast by the World Bank to ...
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