Due to disruptions in several shipping lanes, cargo transit times have increased by 7 to 10 days, leading to a substantial rise in logistics costs for enterprises.
The Vietnam National Industry-Energy Group (PVN) and its subsidiaries are allowed to buy, export, and import crude oil and materials for oil and petroleum production.
The growth mainly driven by higher prices for food, catering services and transport as consumer demand for shopping and travel surged during the Lunar New Year (Tet) holiday.
The airline becoming the first Middle Eastern carrier to restore service at Vietnam's Noi Bai International Airport after five days of cancellations triggered by tensions in the Middle East.
The group will regularly monitor, assess and forecast developments in the Middle East while addressing difficulties and obstacles to ensure an adequate supply of petroleum.
The European Union (EU) has recently implemented three stringent regulations affecting imports into its market, aiming to tighten environmental standards and promote sustainable development.