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Thailand: Power bills set to drop

Energy policymakers are planning to cap the power tariff at 3.576 baht per kilowatt-hour (unit) under a new version of the national power development plan (PDP), with the expectation of maintaining consumer power bills for 20 years, says Kulit Sombatsiri, permanent secretary of the Energy Ministry.  The previous version of the PDP caps the tariff at […]

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Vietnam economy forecast to grow by more than 7% in 2019

The Hanoitimes – World Bank (WB) Country Director for Vietnam Ousmane Dione appreciated what Vietnam has achieved in the context of global challenges. Many experts have forecast the Vietnamese economy will enlarge by 7%, and with drastic reforms taken, the growth will reach 7.06%. The National Center for Socio-economic Information and Forecast (NCIF) has released two […]

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Vietnam’s credit growth hits four-year low

The Hanoitimes – Comparing to the credit growth in 2016 and 2017 at 18.71% and 18.17%, respectively, the growth rate in 2018 should be much lower, while the structure of credit has now been shifted to manufacturing and processing. Vietnam’s credit growth as of the mid of December has been kept below 16%, which is projected […]

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