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10-2020
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Roof Tile Promotion
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10-2020
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Vietnam’s Petrolimex to sell 8 pct stake to Japan’s JX Nippon

State-owned Petrolimex has been offering shares to private investors since 2011. Photo: Ngoc Thang Vietnam’s largest fuel retailer Petrolimex on Wednesday announced a plan to sell an 8 percent stake to Japan’s JX Nippon Oil & Energy to raise money for restructuring a loss-making unit in Singapore. Bui Ngoc Bao, board chairman of the state-owned […]
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10-2020
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Vietnam may be better off without ODA loans: economists

A file photo shows a Ho Chi Minh City’s road built with ODA (official development assistance) fund. ODA with long maturity and low interest rates makes up around 94 percent of Vietnam’s external debts. Photo: Diep Duc Minh Vietnam might face an economic shock when it no longer gets cheap international loans, but could well […]
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10-2020
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More businesses are closing in Vietnam

A man takes a rest after lunch on a pile of steel at a steel mill in Bac Ninh Province, outside Hanoi, March 1, 2016. Photo: Kham/Reuters More than 20,000 businesses ceased operations in the first three months of this year, a 24 percent year-on-year increase, according to official figures. Of them, around 8,000 have […]
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10-2020
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Vietnam’s GDP growth slows in first quarter on crude curbs

Vietnam’s economic growth slowed in the first quarter as the country’s income from crude and agriculture production dropped. Gross domestic product rose 5.46 percent in the first three months from a year earlier, according to data released by the General Statistics Office in Hanoi today. That compares with the previously reported 7.01 percent pace in […]
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10-2020
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Vietnam’s inflation remains low despite rare post-holiday rise

After flatlining in January, Vietnam’s inflation has slowly picked up following price increases in education and health care services, according to new figures released by the government on Thursday. Vietnam’s consumer price index grew 0.57 percent month-on-month in March, compared to 0.42 percent recorded in February, the General Statistics of Office reported. Compared to the […]