European union

London stocks and the British pound jumped Friday after an election triumph for Conservative Prime Minister Boris Johnson that analysts said will bring clarity to Brexit proceedings and unlock stronger economic growth. Other European stock markets -- although lagging buoyant London, which rose over two percent at one point -- also powered ahead, supported by confirmation of a partial trade deal between the United States and China. However, Wall Street's rally petered out, with American equities finishing little changed on the day both Beijing and Washington finally said they were on the same page. Stocks had rallied Thursday in anticipation of the trade deal with China, but then declined when the pact was announced. "You got a pretty good example of 'buy the rumors and sell the news,'" Art Hogan of National Holdings told AFP, referencing the saying indicating equities rise more in anticipation of an event than after the event itself. "But it's certainly great news on Brexit … [Read more...] about European stocks surge on Johnson election triumph, US trade deal

Illustrative image (Source: VNA) Berlin (VNA) – Germany will promote the attraction of human resources from Vietnam and other countries in Asia and South America due to a serious shortage of labour force in the coming time, according to a local official. The Vietnam News Agency’s correspondent in Berlin quoted German Minister for Economic Affairs Peter Altmaier as saying on December 13 that the shortage of skilled workers is one of the biggest challenges for Germany to stand firm in the context of global competition. To address this issue, Germany will have to attract human resources from countries outside the European Union (EU) to meet its labour demand. According to Altmaier, Germany is more likely to seek skilled workers from Asia and South America, specifically cooperating with economic unions to implement pilot projects with Vietnam, India and Brazil./. VNA … [Read more...] about Germany looks to draw human resources from Vietnam

Minister of Natural Resources and Environment Tran Hong Ha (R) and his Czech counterpart Richard Brabec (Photo: VNA) Prague (VNA) – Vietnam and the Czech Republic will enhance environmental collaboration under an action plan for cooperation during 2020-2025 signed between Minister of Natural Resources and Environment Tran Hong Ha and his Czech counterpart Richard Brabec in Prague on December 13. At the event, the two ministers spoke highly of the unceasingly consolidated traditional friendship between the two nations, describing it as a foundation for the environment ministries and sectors of both sides to boost cooperation in this field. Ha highlighted that the signing of the action plan, implementation of the Memorandum of Understanding signed between the two ministries in 2012 and the Vietnam-Czech environmental business forum will serve as a base for competent authorities of both sides to concretise cooperative activities in environment, climate change and technology … [Read more...] about Vietnam, Czech Republic step up environmental cooperation