Palm oil blamed for 39 percent of forest loss in Borneo island World

Palm oil blamed for 39 percent of forest loss in Borneo island

The palm oil industry was responsible for at least 39 percent of forest loss on the biodiversity-rich island of Borneo between 2000 and 2018, according to data from the Centre for International Forest Research (CIFOR), a research firm based in Indonesia.
Vietnam looks to broader cooperation with Romania, Czech Politics

Vietnam looks to broader cooperation with Romania, Czech

The visits to Romania and the Czech Republic by Prime Minister Nguyen Xuan Phuc reaffirmed Vietnam’s wish to step up the friendship and multi-faceted cooperation with traditional friends in Central and Eastern Europe, with Romania and the Czech Republic as prioritized partners.
Vietnamese, Greek enterprises urged to foster trade partnership Business

Vietnamese, Greek enterprises urged to foster trade partnership

Businesses of Vietnam and Greece were encouraged to promote cooperation in the trade of their products of advantage, especially in maritime transport, logistics, shipbuilding, sea port development, tourism and agricultural product processing, at a Vietnam-Greece Business Forum held in Hanoi on December 10.
PetroVietnam surpasses production targets for 11 months Business

PetroVietnam surpasses production targets for 11 months

The Vietnam National Oil and Gas Group (PetroVietnam) has reported an oil and gas production output of 22.1 million tonnes in the first 11 months of 2018, surpassing its target by 5.4 percent and fulfilling 96.8 percent of its yearly plan.
Concern grows over Tet price hikes Business

Concern grows over Tet price hikes

The petrol retail price saw its highest surge so far this year on Saturday, raising concerns over unpredictable impacts to the economy and the possible increase of goods prices during the upcoming Tet (Lunar New Year) holidays, experts said.
Industrial production expands 10.9 percent in seven months Business

Industrial production expands 10.9 percent in seven months

Vietnam saw strong growth in its industrial production index (IIP) in the first seven months of 2018 thanks to the expansion of many major economic sectors, especially processing and manufacturing, which recorded the highest expansion in the recent seven years.