Ministry to support businesses to ensure budget revenue Business

Ministry to support businesses to ensure budget revenue

The Ministry of Finance will focus on improving the business climate and creating favourable conditions for businesses to accelerate growth, which is important to ensure State budget revenue amid the COVID-19 pandemic's impacts on socio-economic development.
Cambodia’s economy impacted by record-low oil prices World

Cambodia’s economy impacted by record-low oil prices

A grim report on the world economy by the International Monetary Fund (IMF) announced on April 15 caused oil prices to continue to slide, with international prices hitting the lowest level since 2002 as planned output cuts were deemed insufficient to offset a COVID-19-fuelled slump in demand.
Pork price pushes up November CPI Business

Pork price pushes up November CPI

The Consumer Price Index (CPI) of November increased by 0.96 percent compared to last month, the highest growth for November’s CPI in the last nine years.
Thailand prepares to cope with global oil price hike World

Thailand prepares to cope with global oil price hike

The Energy Ministry of Thailand is planning to use 1.5 billion baht (about 49 million USD) from the state Oil Fund to support local oil prices, expected to rise one baht per litre in the short term after drones struck Saudi Arabia’s oil facilities on September 14.
PetroVietnam enjoys good business results despite falling oil prices Business

PetroVietnam enjoys good business results despite falling oil prices

The Vietnam Oil and Gas Group (PetroVietnam) earned 489.5 trillion VND (over 21 billion USD) in revenue in the first eight months of the year, exceeding the target by 19 percent although the average price of crude oil fell to 58.62 USD per barrel in August compared to the predicted price of 65 USD per barrel.
PVN’s business result exceeds set target Business

PVN’s business result exceeds set target

The Vietnam Oil and Gas Group (PVN) gained 365.5 trillion VND (15.78 billion USD) in revenue in the first half of this year, or 18 percent higher than its six-month plan, heard a conference held by the group on July 17.
Rubber industry enjoys good start in 2019 Business

Rubber industry enjoys good start in 2019

Vietnam earned 220 million USD from shipping 175,000 tonnes of rubber abroad in January, up 10.8 percent in value and 28.9 percent in volume compared to the same month last year.