Middle East War

Stocks fall more than 100 points, should investors bottom-fish

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The first trading session of the week of Vietnamese stocks caused much attention because the market fell more than 100 points right after opening the morning session.

ICAO requests closure of airspace when there is potential threat to aviation safety

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On March 9, the Civil Aviation Authority of Vietnam announced the ICAO's declaration on ensuring security and safety in aviation operations.

Stocks fall more than 100 points

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The Vietnamese stock market lost more than 100 points right at the opening of trading in the context of world oil prices for the first time breaking through the 100 USD/barrel mark.

Ministry of Finance proposes to reduce import tax on gasoline to 0% due to Middle East tensions

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The Ministry of Finance proposes to reduce preferential import tax to 0% for some gasoline and oil items in order to increase import capacity and contribute to stabilizing the domestic market.

Gasoline and oil prices increase sharply, what does the Ministry of Industry and Trade say about ensuring supply?

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The Ministry of Industry and Trade said it is promoting key enterprises to sign long-term contracts with international partners, maintaining gasoline and oil reserves to be ready to respond to fluctuations.

Middle East conflict affects transportation, Customs urgently supports businesses

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Middle East tension disrupts international transport, customs authorities prioritize handling procedures and supporting import and export businesses to cope with risks.

JPMorgan CEO warns inflation could ruin the US economy

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The head of JPMorgan warned that the risk of inflation could return if the energy shock lasts, increasing risks for the US economy.

Petrovietnam wants to be granted the right to import crude oil and raw materials

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Petrovietnam proposed that the Government consider granting the Group the right to import crude oil and raw materials to promptly supply domestic oil refineries.

Travel businesses proactively support Vietnamese tourists in the Middle East

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The tense Middle East war has led to a series of tourism consequences. Among them, many Vietnamese tourists are also stranded in Middle Eastern countries and waiting for the day to fly back.

Iran conflict spreads, many countries evacuate citizens

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The US and Israeli attacks on Iran have escalated and show no signs of ending in the context of Iran continuing attacks on Gulf countries with US military bases as well as announcing the closure of the Strait of Hormuz.

Middle East instability, agricultural export businesses cannot be subjective

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Agricultural export enterprises need to build risk scenarios for each market, avoiding dependence on a single transport route or a single export area.

Global shipping shakes as Persian Gulf route tightened

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MSC, Maersk, CMA CGM and a series of container "giants" simultaneously cancel bookings, apply surcharges and change routes when transportation through the Persian Gulf faces security risks.

Maritime Administration requests proactive response to the situation in the Middle East

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The Vietnam Maritime and Waterway Administration has just issued an official dispatch requesting units to proactively respond to the conflict situation in the Middle East.

Affected by the Middle East war, Dung Quat refinery wants to be prioritized for buying domestic crude oil

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Businesses are concerned that if the conflict in the Middle East lasts, oil prices, surcharges, freight rates and insurance premiums may continue to increase sharply.

Middle East war escalates: What is the Vietnamese gasoline and oil market like?

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When the Middle East war escalates, rising oil prices are not only a world story but also create direct pressure on the gasoline and oil market in Vietnam.