Hanoi, March 5 -- Escalating tension involving the US, Israel and Iran is posing heightened risks to global transportation, trade flows and supply chains, creating mounting challenges for Vietnamese exporters as agricultural shipments gain traction in the Middle East, requiring them to proactively adapt in order to reduce risks and maintain growth.

The Ministry of Industry and Trade's Export-Import Department forecasts upward pressure on global prices for consumer goods, fuel, and crude oil in the coming time. Such hikes could exert indirect but broad negative effects on Vietnam's overall production and trade, with particular exposure in exports destined for the Middle East.

Nguyen Tien Dung, Deputy General Director of Simexco DakLak, s...