Despite the efforts of Vietnamese textile and garment businesses, the ongoing Middle East conflict is posing serious challenges to their ability to secure and carry out overseas production orders.
Việt Nam is facing a three-stage ripple effect - first on transport and fuel-dependent industries, then on sectors relying on their outputs, and ultimately on consumers. Volatility in key commodities like fuel is disrupting the entire supply chain and increasing...
The seafood industry had been heavily impacted by surging freight costs, the risk of cold chain disruptions, localised supply shortages, and price volatility across various product segments.
Executives across sectors including furniture, seafood, agriculture and cashews said customers in the region were adopting a cautious stance, with some shipments delayed but few outright cancellations so far.