Strong rebound in seafood exports to Russia

Strong rebound in seafood exports to Russia

Once falling to a standstill due to the impacts of the Russia-Ukraine conflict, Vietnam’s seafood exports to Russia are now showing inspiring results.
European markets, euro tumble as Russia fans energy crisis

European markets, euro tumble as Russia fans energy crisis

European markets tumbled Monday and the euro hit a fresh 20-year low on growing fears about an energy crisis after Russia said it would not restart gas flows to the continent, while traders are also preparing for another interest rate hike this week.
ABB to quit Russian market over war in Ukraine

ABB to quit Russian market over war in Ukraine

Swiss-Swedish engineering giant ABB said on Thursday it will quit Russia as a result of the war in Ukraine and the related international sanctions against Moscow.
H&M to wind down operations in Russia

H&M to wind down operations in Russia

Swedish fashion retailer H&M said on Monday it had decided to wind down operations in Russia, after pausing all sales there in March following Moscow's invasion of Ukraine.
Russia fines Google $360 mn over Ukraine content

Russia fines Google $360 mn over Ukraine content

A Moscow court has fined Google 21 billion rubles ($360 million) for failing to remove content concerning Russia's military intervention in Ukraine, the nation's telecommunications regulator said Monday.
Russia to cut Poland, Bulgaria gas over Ukraine

Russia to cut Poland, Bulgaria gas over Ukraine

Russia will halt gas shipments to Poland and Bulgaria on Wednesday, after blasts in a breakaway region of neighbouring Moldova led Kyiv to accuse Moscow of seeking to expand the Ukraine war further into Europe.
Indonesia runs trade deficit with Russia, Ukraine

Indonesia runs trade deficit with Russia, Ukraine

Indonesia's trade balance with Russia and Ukraine was in deficit due to the ongoing war, head of the Statistics Indonesia (BPS) Margo Yuwono has stated.
Energy giant Shell hikes Russian exit hit to $5 bn

Energy giant Shell hikes Russian exit hit to $5 bn

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.
Exporters building pay contingencies

Exporters building pay contingencies

Manufacturers that export goods to Russia will be required to look for alternative payment methods while the country remains blocked off from the SWIFT payment gateway.
ECB's Lagarde 'concerned' about crypto use to dodge Russia sanctions

ECB's Lagarde 'concerned' about crypto use to dodge Russia sanctions

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.
Biden tells US businesses to 'harden' defenses against Russia cyber threat

Biden tells US businesses to 'harden' defenses against Russia cyber threat

President Joe Biden on Monday warned of intelligence pointing to a growing Russian cyber threat and urged US businesses to "immediately" prepare defenses.
Further delay for Russian-invested energy projects in Vietnam

Further delay for Russian-invested energy projects in Vietnam

Russian-backed energy projects in Vietnam have been put on hold due to ongoing geopolitical concerns.
Banking constraints ahead with sanctions

Banking constraints ahead with sanctions

Numerous countries and businesses are limiting their financial relations with Russia, with its exclusion from the SWIFT international payment system triggering concerns about cross-border financial security which may adversely leave a scar on Vietnam’s banking sector.
Experts raise concerns about imported inflation risk

Experts raise concerns about imported inflation risk

Vietnam needs to be wary of imported inflation, especially from rising global energy and commodities prices, experts have warned, urging attention to be paid to promoting exports and putting imports under control.
Russia recommends Vietnam as safe destination

Russia recommends Vietnam as safe destination

Vietnam is a safe tourist destination without any restrictions for Russian visitors, according to recommendations by the Federal Agency for Tourism of Russia.
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