HANOI: Shipping fees for major routes from Vietnam to the European Union (EU) and the United States have surged significantly, cutting into exporters’ profits as they have had to spend thousands of dollars in additional costs, say industry insiders and experts.
In recent weeks, prices have increased sharply with the cost to transport a container to Europe reaching US$4,000 to US$5,000, more than double what it was during the same period last year.
