As a result, the effects of the conflict are transmitted mainly through three indirect channels: energy prices, logistics costs and global financial market fluctuations. Global transport and logistics costs riseThe second transmission channel lies in global supply chains and logistics networks. As a result, Vietnam’s logistics costs - already estimated at around 16-20% of GDP - face further pressure. In the longer term, the impact will depend largely on two factors: the duration of the conflict and the stability of global energy markets. When fuel prices increase, the first thing a postal worker notices is not macroeconomic analysis but the fuel gauge on the motorbike.

Source: VietNamNet News March 12, 2026 04:10 UTC