The outlook for the Asian steel industry for 2017 has been lowered to negative says US Moody’s Investors Service in a new report, as global prices of steel collapse across all grades and utilization weakens.
Keywords: steelThe AsianTariffsInvestors ServicereportImportsfurther
Binh Son Refining and Petrochemical Co., Ltd. (BSR) plans to take up a loan $1.2 billion to enhance and expand its Dung Quat Oil Refinery.
Keywords: leftImagescalculateDung Quat Oil RefineryDung QuatAttractingtake up
While foreign direct investment capital slightly reduced for the last 11 months because of no large certificated projects, indirect foreign investment was found accelerate via capital contribution and share purchase, reported Foreign Investment Agency under the Ministry of Planning and Investment.
Keywords: Foreign Investment Agencyslightlyacceleratedirectcentershare
Credit ratings agency Moody’s has indicated that the outlook for the banking system in Vietnam (B1 stable) is stable over the next 12-18 months, reflecting Moody's expectation that the country's macroeconomic stability and resilient economic growth will continue to support the banks' weak credit profiles.
Keywords: stablecreditOutlookFor VietnamcontinueProfiles
Shares edged down yesterday on the two exchanges as energy lost steam despite an oil industry agreement on a production cut.
Keywords: steamdownThe Ha Noi Stock ExchangePetrovietnam DrillingHoa Sen GroupStoresbang