Though Vietnamese customs services are ranked sixth out of seven surveyed countries in South East Asia (SEA), logistics at domestic seaports have improved in the last 10 years thanks to the government’s efforts to upgrade infrastructure.

The sharp fall of the Baltic Dry Index (BDI) to a record low has caused serious concerns among Vietnamese shipping firms. .  

On the sidelines of the bad debt management training course co-organized by Business Development Institute and Swiss Asia Banking School, Le Xuan Nghia, head of BDI, talked to local media about the bad debt handling process in Vietnam.