In the new recovery period following the COVID-19 pandemic, digital transformation is considered a lever of the green economy. Modern technology not only enhances users’ experience but is also present in the smart management systems and infrastructure of travel businesses to fight fraud or help them understand consumers’ behaviours.
While the Russia-Ukraine conflict will raise commodity prices and production costs the overall impact on Vietnam’s economy is not likely to be significant, experts say. - VnExpress International
Vietnamese enterprises should prepare to deal with ramifications of the ongoing Ukraine conflict like rising oil prices and long-term impacts of sanctions on Russia, experts say. Diversification of both export and import markets would be a key aspect of the preparation, they add.
Local firms have been advised to swiftly grasp information on US embargos and negotiate with their American partners in order to avoid violating sanctions against Russia and other related markets, according to insiders.