Vietnam to inspect shipping rates hike to ensure transparency

Goods are loaded onto a ship at Hải Phòng Port in the northern city of Hải Phòng. Besides rising freight rates, many businesses couldn’t occupy room on ships due to a lack of empty containers. - VNA/VNS

HANOI (Vietnam News/ANN): The Vietnam Maritime Administration (VMA) plans to set up a working group to inspect the hike in freight rates among shipping companies that have routes to Europe and America.

In a recent interview with Vietnam News Agency, deputy head of the VMA Hoàng Hồng Giang said the move aimed to remove difficulties for export activities and ensure transparency in the listing of freight prices.