• Oil prices surge 9% as global crude reserve release disappoints

    02:36 PM @ 01/03/2022
    Oil prices surged 9% on Tuesday, as a global agreement to release crude reserves failed to calm fears about supply disruptions from Russia's invasion of Ukraine, and instead underscored concerns about growing disruptions.
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  • Global GDP forecasts slashed on higher crude expectations, energy instability

    05:49 PM @ 28/02/2022
    Economists are cutting back 2022 global GDP projections in the wake of the Russia/Ukraine war and elevated crude oil and natural gas prices. Heightened concerns on energy instability, supply chain disruptions and the potential for crippling cyber attacks – including on infrastructure – will also weigh on global economies.
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  • Vietnam holds crucial position as part of global supply chain

    05:48 PM @ 28/02/2022
    A number of large financial institutions and foreign media agencies have agreed that the Vietnamese economy is on track to recover from the negative impact caused by the COVID-19 pandemic.
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  • VAT reduction: impacts and problems in implementation

    05:47 PM @ 28/02/2022
    Vietnam’s Government slashed the value-added tax (VAT) rate from 10 to 8% earlier this month – a move that cost the State budget $2.2 billion but, along with other support, is expected to help boost the pandemic-hit economy.
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  • The U.S. and Europe will bar some Russian banks from SWIFT

    05:37 PM @ 28/02/2022
    The Biden administration and key allies announced on Saturday that they would remove some Russian banks from the SWIFT financial messaging system, essentially barring them from international transactions. They also said they would impose new restrictions on Russia’s central bank to prevent it from using its large international reserves to undermine sanctions.
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