High logistics costs reduce competitiveness of Vietnamese goods
Inflated logistics costs were hampering the competitiveness of Vietnamese goods, according to Chairman of the Vietnam Textile and Apparel Association (VITAS) Vu Duc Giang. Vietnam’s logistics costs were 6 percent higher than Thailand, 7 percent higher than China, and 12 percent more than o Malaysia, Giang said. This had reduced the competitiveness of domestic textile […]
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