Update news Brexit

Vietnam suspends entry for Italians over Covid-19

Vietnam's decision was made following a surge in infected cases in Italy which have surpassed 2,000 as of March 3.

Brexit: Emmanuel Macron 'not sure' of UK-EU trade deal by end of year

The French president's doubts come as the UK government is set to publish its demands.

Vietnam expects smooth Brexit process: spokeswoman

Vietnam has been keeping a close watch on the United Kingdom’s withdrawal from the European Union (Brexit) and hopes that this process will take place smoothly.

Brexit is costing the UK economy $1 billion a week. And it could get worse

 Brexit has been delayed, and may eventually be called off. But it's already done major damage to the UK economy.

The UK is not ready for Brexit. Business will pay a high price

 Food shortages. Major disruption to trade. At least $17 billion in new costs for business. Big trouble for small companies.

UK vote designed to bring Brexit clarity. But can politicians finally agree?

There is an over-used saying about negotiations with the European Union: "Nothing is agreed until everything is agreed." But in the case of Brexit, that agreement may never come. Britain's political deadlock over its biggest challenge ...

Brexit: EU leaders set to move talks on to next stage

 EU leaders are expected to formally agree to start the next phase of Brexit negotiations later.

Bank of England believes Brexit could cost 75,000 finance jobs

 The Bank of England believes that up to 75,000 jobs could be lost in financial services following Britain's departure from the European Union.

Sterling slips as Brexit talks get green light, stocks advance before Fed

Sterling dropped on Tuesday after Britain's parliament paved the way for Prime Minister Theresa May to launch divorce talks with the European Union, while stocks advanced ahead of an expected U.S. interest rate later in the week.

Textile & garment, seafood manufacturers worried about Brexit

The uncertainties of the EU economy with the Italian PM stepping down and the UK & Northern Ireland leaving the EU will adversely affect Vietnam’s exports to the large markets.

Scotland needs own immigration deal within Brexit, committee says

 Scotland depends on young migrants to expand its workforce and its population and should seek a tailor-made deal as part of Brexit to manage its own migration,

Trump says Brexit to be 'a great thing', wants quick trade deal with UK

 U.S. President-elect Donald Trump said that Brexit would turn out to be a great thing and other countries would follow Britain out of the European Union but promised to strike a swift bilateral trade deal with the United Kingdom.

Snapchat becomes latest tech firm to pick London despite Brexit

 Messaging app Snapchat said it would make London the home of its international operations, delivering another vote of confidence in Britain's tech standing as the country prepares to leave the European Union.

UK court says Brexit needs parliament's approval, complicates government plans

 A British court ruled on Thursday that the government needs parliamentary approval to start the process of leaving the European Union, potentially delaying Prime Minister Theresa May's Brexit plans.

British PM May gathers ministers to hear views on Brexit

After a summer of political earthquakes followed by a few weeks of holiday calm, Prime Minister Theresa May will meet members of her government on Wednesday to discuss how Britain is to leave the European Union.

How does Brexit impact VN?

 VietNamNet Bridge – Britain’s exit from the EU should make ASEAN members think about the ramifications of the free movement of skilled workers, a senior economist has said.

Garment makers reduce production as competition heats up

VietNamNet Bridge - Vietnamese textile & garment companies have had to scale down production, while others are facing closure.

G20 will use 'all policy tools' to lift growth as Brexit weighs

 The world's biggest economies will work to support global growth and better share the benefits of trade, policymakers said on Sunday after a meeting dominated by the impact of Britain's exit from Europe and fears of rising protectionism.

Gold price fluctuations cause mad rush among investors

VietNamNet Bridge - The gold price recently soared by millions of dong per tael within one day and then plummeted the next day, shocking gold investors. 

How will Brexit affect farming in Vietnam?

 VietNamNet Bridge – The EU has been an important consumption market for Vietnam agribusiness for decades and Brexit is leaving farmers deeply conflicted on what the ultimate outcome on their livelihoods would be.