Diversifying markets will help Vietnam mitigate the potential negative impacts of the conflict between Russia and Ukraine on agri-forestry-fishery trade, according to the Ministry of Agriculture and Rural Development.

International railway freight transport between Vietnam and Europe along the route through China, Kazakhstan, Russia, Belarus and Poland to Germany and Western European countries is likely to be affected if railways from Poland to Belarus stop operation.

VOV.VN - Making up 10% of the global supply of wood materials, the ongoing Russia-Ukraine conflict along with the sanctions on embargoes imposed on Russia by the United States and the EU will have a strong impact on the global wood processing and export industry, including Vietnam.

Vietnam needs to be wary of imported inflation, especially from rising global energy and commodities prices, experts have warned, urging attention to be paid to promoting exports and putting imports under control.

VOV.VN - After skyrocketing to VND74.2 million per tael on March 8 morning, domestic gold prices tumbled sharply to VND72.5 million just in two hours.

VOV.VN - The ongoing armed conflict between Russia and Ukraine has significantly affected Vietnamese tuna exports to these markets, according to Vietnam Association of Seafood Exporters and Producers (VASEP).

VOV.VN - State President Nguyen Xuan Phuc on March 6 requested the Ministry of Foreign Affairs and relevant agencies to give the highest priority to protecting Vietnamese expatriates in Ukraine amidst escalating tensions between Russia and Ukraine.

It's too early to tell how the ongoing Russia-Ukraine conflict will affect Vietnam's banking sector, said industry experts.

VOV.VN - Vietnam welcomes the ongoing dialogue between the two delegations of Ukraine and Russia, with hopes that both parties will soon find a lasting peaceful solution to their differences in line with international law.

VOV.VN -The Vietnamese Embassy in Russia held a meeting on March 2 with Vietnamese businesses based in the Eastern European country as they seek measures to cope with the impact of Western economic and financial sanctions imposed on Russia.