Vietnam's economic, security interests at odds in battle for Ukraine
The Asian country relies heavily on Russia for coal and weaponry, which could be impacted by the on-going conflict
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Hanoi
A TRIPLE whammy of coal shortages, higher energy costs and soaring inflation could be on the cards for Vietnam if Russia's invasion of Ukraine drags on, said analysts.
Long Pham, chief economist at Ho Chi Minh Securities Corporation, told The Business Times that bilateral trade between Russia and Vietnam accounted for only about 1 percent of Vietnam's trade and the impact would be minimal.
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