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EU plans phased oil ban on Russia, also targeting more banks

EU plans phased oil ban on Russia, also targeting more banks

The European Union's chief executive on Wednesday proposed a phased oil embargo on Russia over its war in Ukraine, as well as sanctioning Russia's top bank and banning Russian broadcasters from European airwaves, in a bid to deepen Moscow's isolation.
Biden seals LNG deal as EU grapples with energy crunch

Biden seals LNG deal as EU grapples with energy crunch

The European Union and United States unveiled a deal on Friday to supply Europe with more U.S. liquefied natural gas (LNG), as leaders of the European bloc meet to curb their reliance on Russian fossil fuels and deal with an energy crunch.
March 25, 2022 | 02:19 am PT
EU negotiators agree landmark law to curb Big Tech

EU negotiators agree landmark law to curb Big Tech

Negotiators from the European Parliament and EU member states agreed Thursday on a landmark law to curb the market dominance of US big tech giants.
March 24, 2022 | 10:57 pm PT
US, EU unlikely to cut Russia off SWIFT for now: Biden

US, EU unlikely to cut Russia off SWIFT for now: Biden

The United States and the European Union have opted not to cut Russia off from SWIFT global interbank payments system as part of their sanctions against Moscow for attacking Ukraine.
February 24, 2022 | 06:41 pm PT
Explainer: Russian banks face exclusion in new round of sanctions

Explainer: Russian banks face exclusion in new round of sanctions

Britain and the United States targeted Russian banks on Thursday as part of a new package of sanctions following Moscow's attack on Ukraine.
February 24, 2022 | 06:30 pm PT
EU committed to helping Vietnam in green transition

EU committed to helping Vietnam in green transition

Executive Vice President of the European Commission (EC) Frans Timmermans has expressed his wish to step up cooperation with Vietnam in green energy development.
February 21, 2022 | 05:48 am PT
Taiwan sees 'enormous' room for chip cooperation with EU

Taiwan sees 'enormous' room for chip cooperation with EU

Taiwan's government believes there is "enormous" room for cooperation with the European Union on semiconductors, responding to plans from the bloc to boost its chip industry and cut its dependence on U.S. and Asian supplies.
February 9, 2022 | 12:51 am PT
World’s best rice from Vietnam gets trademark in EU, UK

World’s best rice from Vietnam gets trademark in EU, UK

The E.U. and the U.K. have approved the trademark for ST25, the Vietnamese rice variety that was adjudged the world’s best in 2019, within five months of submission.
December 24, 2021 | 10:22 pm PT
EU set to back Novavax Covid vaccine

EU set to back Novavax Covid vaccine

The E.U.'s drug regulator will decide Monday whether to approve a Covid jab by Novavax, which uses a more conventional technology that the U.S. biotech firm hopes will reduce vaccine hesitancy.
December 19, 2021 | 07:44 pm PT
EU, France fund $30 million northern flood prevention project

EU, France fund $30 million northern flood prevention project

The European Union and France agreed Wednesday to fund a 26.1 million euros ($30.3 million) to enhance flood risk management capacity of Dien Bien Phu Town in Vietnam's northern highlands.
November 4, 2021 | 03:24 am PT
Vietnam remains magnet for EU investment despite Covid

Vietnam remains magnet for EU investment despite Covid

EU investments in Vietnam rose by $483 million year-on-year in the first nine months of this year to $22 billion despite the Covid-19 pandemic.
October 15, 2021 | 10:48 pm PT
Vietnam fishery faces hefty loss to EU restrictions

Vietnam fishery faces hefty loss to EU restrictions

Without a stronger effort to remove the E.U. “yellow card”, Vietnam’s fishing industry may lose $480 million worth of exports annually.
August 10, 2021 | 11:58 pm PT
79 pct of European companies in Vietnam willing to pay for staff vaccination

79 pct of European companies in Vietnam willing to pay for staff vaccination

Seventy nine percent of European companies in Vietnam are willing to pay for Covid-19 vaccination for their staff, and most want quarantine rules eased to boost economic recovery.
May 27, 2021 | 07:15 pm PT
US, European buyers pivot away from China, toward Vietnam

US, European buyers pivot away from China, toward Vietnam

Demand for Vietnamese products is increasing among U.S. and European buyers, many of whom are seeking to diversify their buying away from China, a survey has found.
May 4, 2021 | 09:27 pm PT
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