According to The World Bank, trade was worth 186% of Vietnam’s GDP in 2022, one of the highest rates in the world - this means the value of the country’s traded goods is worth far more than the national GDP, currently just over $400 billion.

Global logistics and shipping, therefore, are vital to continued economic growth.

Today’s guest is Dr. Majo George, a senior lecturer at RMIT University Vietnam’s business school focusing on global logistics and supply chain management.

We talked about how international events are impacting Vietnam’s trade links, possible alternatives to avoid war zones and other crises, the importance of imports as an often-overlooked part of the economy, the proposed $5 billion Can Gio transshipment port, and what the country needs to do to improve internal logistics further.

Related links:

Red Sea crisis: Impact on Vietnam's trade (RMIT University Vietnam)

Vietnamese, Filipinos killed in Houthi missile attack amid Israel-Hamas conflicts (AFP)

Panama plans dry alternative to drought-hit canal (Phys.org)

Government asks to complete study project for construction of Can Gio port (SGGP)

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