In the second half of 2022, the Vietnam Oil and Gas Group (PetroVietnam) will continue to keep a close watch on market developments. The goal is to monitor world crude oil prices and market fluctuations to optimize reserves and operate oil production efficiently to stay in the black.
E-commerce has created a new tendency for production, business and export activities, and been serving as a lifebuoy for many enterprises to overcome difficulties of market fluctuations, heard a workshop on Vietnam’s e-commerce trends on March 20.
Diversifying products and adapting quickly to market fluctuations will help create growth momentum and remove difficulties for seafood exports, experts have said.
The State Bank of Vietnam (SBV)’s revision of the USD selling price up to 23,273 VND on July 23, a strong increase from the rate it had kept from the month’s beginning, is a move suitable with domestic and foreign markets, an SBV official said.
Despite rosy export growth in the first seven months, Vietnamese enterprises still face a line-up of hurdles in the remaining months of the year, including input material quantity and quality and barriers from import markets, heard a conference in Ho Chi Minh City on August 28.