HÀ NỘI – Two giant State-owned corporations, Vietnam National Petroleum Group (Petrolimex) and Vietnam Steel Corporation (VNSTEEL), achieved record profits last year, according to a conference held by the Party Organisation of the Central Enterprises Bloc (CEB) on Monday. Petrolimex earned more than VNĐ6.2 trillion in profit, reaching 158 per cent of its yearly target, […]
Read MoreBut concerns linger that some will not comply with Opec’s plan SINGAPORE: Oil edged up on hopes that some planned output cuts agreed by the Organisation of the Petroleum Exporting Countries (Opec) and other producers would be implemented, recovering some ground from losses the previous day over doubts the reductions would rebalance an oversupplied market. […]
Read MoreCẦN THƠ — Deputy Prime Minister Vương Đình Huệ has instructed ministries and local governments in the Cửu Long (Mekong) Delta to prioritise investment in transportation and logistics services to help improve the region’s competitiveness. Speaking at a conference on logistics services held yesterday in the delta city of Cần Thơ, Huệ said poor road […]
Read MorePrime Minister Prayut Chan-o-cha wants all existing state rice stocks to be disposed of within this year. Wiboonlasana Ruamraksa, permanent secretary for commerce, said Gen Prayut, who chaired the national rice policy committee’s meeting yesterday, has ordered officials handling state rice sales to clear the entire 8 million tonnes of rice in the stockpiles within […]
Read MoreThe business sector has revised Thailand’s 2017 export forecast upwards on the back of brighter local and global economic outlooks, says Isara Vongkusolkit, chairman of the Thai Chamber of Commerce. Mr Isara spoke on behalf of the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB), which he said forecasts this year’s exports to grow […]
Read MorePHNOM PENH – A new crossing on the Cambodia-Laos border, the Trapeang Kreal international border gate, opened officially on Tuesday. Prime Minister Hun Sen and Laso Premier Thongloun Sisoulith were to preside over the ceremony, Cambodia’s Foreign Ministry said. The crossing connects Cambodia’s Stung Treng province with Laos’ Champasak province, according to a report by […]
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