Associations are encouraged to proactively gather and promptly report difficulties faced by businesses related to mechanisms, policies, administrative procedures, credit, taxation, logistics, and insurance.
The geopolitical situation is creating three major layers of risk for Vietnamese firms: energy price volatility, logistics disruptions and exchange rate fluctuations.
A trade official has suggested companies work closely with shipping lines, airlines and freight forwarders to monitor routes, transit times and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.