July 17, 2011
Expectations that lower global prices would benefit consumers have been belied A worker pumps petrol to a motorcycle at a gas station in Hanoi. Vietnam raised retail fuel prices in late March and has left them unchanged since. When the government decided in March that local petroleum prices will be adjusted in line with [...]
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December 27, 2009
Vietnam’s agricultural, forestry and fisheries exports are set to reach US$15.34 billion this year, down nearly 7 percent from 2008 due to falling global prices. LookAtVietnam – Vietnam’s agricultural, forestry and fisheries exports are set to reach US$15.34 billion this year, down nearly 7 percent from 2008 due to falling global prices. In December alone, [...]
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December 27, 2009
Vietnamâs agricultural, forestry and fisheries exports are set to reach US$15.34 billion this year, down nearly 7 percent from 2008 due to falling global prices. In December alone, the exports were recorded at more than $1.3 billion, Vietnam News Agency reported Saturday, citing figures from the Ministry of Agriculture and Rural Development. Rice remained the [...]
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October 6, 2009
LookAtVietnam – Total export value this year will fall sharply compared to 2008 due to the global economic downturn, In the first nine months of the year, by comparison, export value has averaged only $4.64 billion per month.Khu said the year’s target for export value had been set at US$64.68 billion, 3 per cent higher [...]
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September 23, 2009
LookAtVietnam – Vietnam should develop a market-based fuel pricing system and stop focusing on revenues for the state budget, said local fuel traders seeking for more freedom in doing business.Bui Ngoc Bao, general director of state-owned Petrolimex, which holds up to 60 percent of the market share, said although the government has stopped subsidizing fuel [...]
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September 22, 2009
Vietnam should develop a market-based fuel pricing system and stop focusing on revenues for the state budget, said local fuel traders seeking for more freedom in doing business. Bui Ngoc Bao, general director of state-owned Petrolimex, which holds up to 60 percent of the market share, said although the government has stopped subsidizing fuel prices [...]
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July 30, 2009
LookAtVietnam – Experts have praised new provisions in the Government’s draft decree to ensure retail petrol prices fluctuate in pace with the global market. The draft aims to stabilise retail petrol prices, avoid big fluctuations of global prices transferring to local prices, avoid inappropriate and unexpected pricing and encourage local enterprises to compete in a [...]
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July 26, 2009
LookAtVietnam – The General Statistic Office reported that commodity exports in the first seven months of the year reached US$32.3 billion or a year-on-year decrease of 13.4 per cent. An Giang Coffee Joint Stock Co workers process coffee for export. Coffee export turnover fell 34.3 per cent in the first seven months of this year.LookAtVietnam [...]
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July 21, 2009
Phu Bai international airport to get facelift; China’s firm to recruit 3,000 Vietnamese workers; Vietnam asks Ukraine to sign-off on seafood imports; Vietnam plans surcharge on profit oil The government is planning to impose a surcharge on foreign contractors’ share of the profit oil when crude prices rise above 20 percent. Profit oil is the [...]
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July 21, 2009
The government is planning to impose a surcharge on foreign contractorsâ share of the profit oil when crude prices rise above 20 percent. Profit oil is the amount of production that remains after deducting the portion allocated to costs and expenses. This is divided between the participating parties and the host government according to the [...]
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