Whereas the global shipping industry is facing a downturn there has been a marked increase in shipping between Asian states, QZ is reporting. This is being driven by the diversification of supply chains.
Key data points:
- Vietnam has 13 direct shipping routes to the US in 2019, it now has 23;
- Vietnam has the sixth most direct shipping services to the US; and
- There were 90 more direct shipping routes from Vietnam to other countries in Asia over 2019.