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Asia Distillates-Vietnam spot demand to boost gasoil prices

Spot demand from Vietnam amid tighter availability of gasoil is expected to boost prices and margins for the fuel, traders said on Monday. Traders said Vietnam’s top fuel importers are seeking 85,000 tonnes of diesel ahead of a planned shutdown of the country’s sole 130,000 barrels-per-day refinery at Dung Quat in June that is expected to last 52 days. […]

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Vietnam-Cambodia: Bridge strengthens bilateral trade ties

The bridge connecting Chrey Thom district in Kandal province to Long Binh in Vietnam’s An Giang province was officially launched yesterday by Prime Minister Hun Sen and his Vietnamese counterpart Nguyen Xuan Phuc.  “The Chrey Thom-Long Binh Bridge is an important cross-border gate for people in Cambodia and Vietnam,” said Mr. Hun Sen at the […]

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Vietnam corporate profit falls 60 percent in 2010-2015

The corporate profit growth stood at 7.5 percent from 2010 – 2015, falling 60 percent from the rate of the 2005-2010 period, according to the General Statistics Office under the Ministry of Planning and Investment. According to Pham Dinh Thuy, Director of the Office’s Industrial Statistics Department, the global development crisis has taken a toll […]

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Cambodia, Vietnam open new bridge to boost trade

PHNOM PENH – Cambodia and Vietnam on Monday opened a jointly built bridge across a river in the Mekong delta to improve trade and commerce between the two nations. The 427-metre-long bridge cost US$36 million, with the expense split almost evenly between the two countries. The bridge commemorates the 50th anniversary this year of the […]

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Vietnamese consumers willing to pay more for safe foods

HANOI — About four out of five Vietnamese consumers are willing to spend more on food produced from materials labelled safe and environmentally friendly, according to a survey conducted by Nielsen Vietnam. Survey results released on Wednesday showed that brands which commit to selling green and safe products reported a growth rate of 4 per […]

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