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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.
Material prices strike domestic feed groups
24-03-2022 09:00
Supply shortages, with global uncertainties including the Russia-Ukraine clash escalating, are driving Vietnam’s animal feed production sector into bigger difficulties as a large part of raw materials are sourced from these two markets.
ECB's Lagarde 'concerned' about crypto use to dodge Russia sanctions
23-03-2022 12:44
European Central Bank chief Christine Lagarde spoke of her concern Tuesday that cryptocurrencies were being used as a loophole to avoid sanctions against Russia over the war in Ukraine.
US announces deal with UK to end steel, aluminum tariffs
23-03-2022 12:40
The United States on Tuesday announced an agreement with Britain to end tariffs on steel and aluminum imports imposed by former president Donald Trump in 2018 on national security grounds.
Toyota pauses most Japan production after quake
23-03-2022 12:17
The world's top-selling automaker Toyota said Friday it will halt operations on the majority of its Japanese production lines for three days as parts supply is hit by a recent powerful earthquake.
Bamboo Airways launches regular nonstop Vietnam-UK route from March 22
22-03-2022 18:07
Bamboo Airways now operates a nonstop route between Hanoi and London twice weekly with a bulk-up frequency depending on the market demand. Ticket sales are now available from $100 on all distribution channels.
Exporters endeavouring to avert conflict-induced delays
18-03-2022 12:00
The Russia-Ukraine conflict is tormenting agricultural exporters who have managed to seek out solutions to shun and limit risks caused by disruptions resulting from the escalating situation.
Economic growth hinges on geopolitical outcomes
18-03-2022 10:16
Economists and experts are gauging possible impacts of the Russia-Ukraine conflict on Vietnam’s economy, focusing on effects on the country’s rebound efforts, as well as possible gains from the event.
Fresh woes for airlines in fuel costs
18-03-2022 10:00
While hoping to rejoice over the imminent resumption of international flights, Vietnamese air carriers are being simultaneously hit with rising fuel prices due to the Russia-Ukraine crisis, and are urging local authorities to look into a financial bailout for them.
No Vietnamese reported dead or injured in Japan earthquake
17-03-2022 21:37
There are no Vietnamese people reported dead or injured in the 7.4-magnitude earthquake that hit northeastern Japan on late March 16, according to a Vietnamese expat.
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