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Trajectory uncertain for Vietnam’s growth
13-04-2022 16:32
Headwinds to Vietnam’s positive growth outlook are rising as a result of the Russia-Ukraine conflict, and risks from a slowdown in many of the country’s key trade partners are weighted to the downside.
Energy giant Shell hikes Russian exit hit to $5 bn
08-04-2022 14:48
Shell on Thursday warned that its exit from Russia over the Ukraine war would cost the British energy giant up to $5 billion, but it would fulfil pre-conflict contracts to buy fuel from Moscow.
Vietnam effectively working on socio-economic recovery, development: PM
05-04-2022 15:40
Prime Minister Pham Minh Chinh chaired a national teleconference between the Government and localities on April 5 to look into the socio-economic situation in the first quarter of 2022.
ASEAN, UK unveil infrastructure capacity building programme
04-04-2022 14:13
The ASEAN Secretariat, the United Kingdom (UK) and the Lead Implementing Body for Sustainable Infrastructure (LIB-SI) have co-organised the UK-ASEAN Sustainable Leadership in Infrastructure Conference online and in-person in Singapore.
Bamboo Airways connects with large partners and promotes international network
02-04-2022 13:07
Within the event framework in the UK on March 30, Bamboo Airways entered a discussion with many important partners in the European market, thus promoting its presence in Europe.
Foreign investment in Vietnam continues bouncing back
01-04-2022 16:03
Despite the COVID-19 pandemic’s adverse impacts, foreign investors still put their trust in the economy and investment climate of Vietnam in the new normal context, said Director of the Foreign Investment Agency (FIA) Do Nhat Hoang.
Reacting to force majeure situations
01-04-2022 11:00
The concept of force majeure is not unfamiliar with the Vietnamese business community as the COVID-19 pandemic has disrupted many companies’ operations. Subsequently, the Russia-Ukraine situation and its consequences are causing fluctuations in the international market, which may lead to unforeseeable outcomes for every enterprise.
Malaysia to expand defence cooperation with Indonesia, Philippines
30-03-2022 11:20
Malaysia has agreed to strengthen three-way defence cooperation with Indonesia and the Philippines through a trilateral cooperative arrangement (TCA), Malaysian Defence Minister Datuk Seri Hishammuddin Hussein has said.
Economic recovery in SEA may slow down due to Russia-Ukraine conflict
30-03-2022 11:16
The Russia-Ukraine conflict is threatening Southeast Asia's economic recovery from the pandemic, according to Nikkei Asia.
Heineken, Carlsberg join Russia business exodus
29-03-2022 15:58
Beer makers Heineken and Carlsberg announced Monday that they would pull out of Russia, joining a foreign business exodus following Moscow's invasion of Ukraine.
Macron dismisses Putin demand for gas payments in rubles
26-03-2022 18:17
French President Emmanuel Macron on Friday dismissed Russian President Vladimir Putin's demand for Europe to pay for gas in rubles as he accused Moscow of trying to sidestep sanctions over its war on Ukraine.
Oil prices, stocks higher after EU snubs Russia ban
26-03-2022 18:13
Crude prices were higher Friday and stock markets made decent gains after European countries decided against a ban on Russian oil imports over its invasion of Ukraine -- but Germany said it would slash its energy purchases from Moscow.
Vietnam willing to join humanitarian efforts for Ukraine
25-03-2022 11:31
Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the United Nations (UN), has affirmed that Vietnam supports and is always willing to contribute to the UN's humanitarian relief for Ukraine within its capacity and conditions.
High prices call for green transition acceleration
24-03-2022 15:52
With the military conflict in Ukraine, energy prices have surged to their highest levels in recent times. Brent oil prices surged to $120 per barrel in early March, sharply higher than one year earlier. Natural gas prices on spot markets spiked in tandem and reached a record level of $6 per MMBtu. Global prices of coal and wheat have also sharply increased. Although spot markets tend to overreact and energy prices have partially retreated, they have not returned to previous levels.
Preparing businesses for turbulence during conflicts
24-03-2022 14:05
The Russia-Ukraine conflict has caused chaos on all transactions with Russian contracting parties, mainly because of unprecedented comprehensive sanctions by other countries and blocs. Nguyen Trung Nam, founder and senior partner at law firm EPLegal, analyses the impact of these sanctions on ongoing international trading contracts between Vietnamese enterprises and their overseas business partners.
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