HCMC – Nearly 90% of Vietnamese logistics firms have been affected by Middle East tensions, with rising freight costs and shipping disruptions, according to a survey by the Vietnam Logistics Business Association (VLA).
The survey, conducted from March 3 to 11 among 49 companies, found impacts across the sector at varying levels.
About 38.8% of firms reported moderate effects, mainly from reduced profit margins. Another 34.7% cited operational disruptions and declining revenue, while 16.3% described the situation as severe with risks of business suspension. Around 10% reported little or no impact, mostly firms focused on the domestic market.
Rising international freight rates were identified as the main pressure. Some 42.9% of respondents said higher shipping costs have directly increased logistics expenses and reduced margins.
Companies also reported longer delivery times, difficulty securing vessel space, and additional surcharges linked to war and security risks.
Shipping routes through the Red Sea and the Suez Canal have been disrupted, prompting carriers to reroute or extend voyages to avoid high-risk areas. This has led to schedule delays and higher transport costs.
The VLA noted that 73.4% of firms are monitoring developments in the region regularly or daily.
Higher logistics costs are putting pressure on supply chains, forcing import-export businesses to adjust transport plans or delay deliveries.
Logistics firms have called on authorities to monitor energy markets to help stabilize domestic fuel prices and consider tax and fee support measures.
