Geopolitical tensions prompt a rethinking of trade
April 09, 2024 | 09:17
Bouts of escalation in the Russia-Ukraine conflict continue to make headlines over the world. While the EU only grew by 0.5 per cent in 2023 with a prospective growth of 0.9 per cent in 2024, the Russian economy, despite the sanctions, grew by 3.6 per cent in 2023 and is expected to grow by 2.6 per cent in 2024.
Additional oil spike impacts cannot be ruled out
June 27, 2022 | 19:30
The Russia-Ukraine conflict has increased global oil market volatility. The economic impact of another oil price shock, should it materialise, would be significant.
Trajectory uncertain for Vietnam’s growth
April 13, 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.
Reacting to force majeure situations
April 01, 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.
Preparing businesses for turbulence during conflicts
March 24, 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
March 24, 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.
Exporters endeavouring to avert conflict-induced delays
March 18, 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
March 18, 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.
Barriers build up to Russian exports
March 09, 2022 | 21:00
The Vietnamese economy as a whole is expected to face some immediate consequences from the Russia-Ukraine conflict, with disruptions occuring now in the export of some electronics and agricultural products to the largest country in the world by area.
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