PV Power to invest in nine gas power projects

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Báo Đầu Tư English 1 week(s) ago

PetroVietnam Power Corporation (PV Power) is preparing to implement the construction of nine gas-fired power plants with total output of 5,250MW, PV Power general director Nguyen Xuan Hoa said.

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Oil output set to outpace demand in 2018: IEA

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Báo Đầu Tư English 2 week(s) ago

Massive flames licked up the sides of the 27-storey block as 200 firefighters battled the blaze for hours along with 40 fire engines on Wednesday (Jun 14).

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US oil output hampering market rebalancing: OPEC

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Báo Đầu Tư English 2 week(s) ago

PARIS: Increased oil production in the United States is hampering efforts to balance out market supply and demand, OPEC said on Tuesday (Jun 13).

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Hue to spend $52m on agriculture

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Báo Đầu Tư English 2 week(s) ago

Authorities of the central province of Thua Thien-Hue is directing their resources on implementing 12 priority projects worth nearly VND1.2 trillion (US$52 million) to accelerate the agricultural restructuring process by 2020.

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Oil producers to extend output curbs at OPEC meeting

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Báo Đầu Tư English 1 month(s) ago

VIENNA: Oil producers inside and outside the OPEC cartel began gathering in Vienna on Tuesday (May 23) ahead of a meeting expected to agree an extension of production curbs aimed at easing a global supply glut.

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Iraq agrees to nine-month extension of OPEC production cut

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Báo Đầu Tư English 1 month(s) ago

BAGHDAD: Iraq has agreed to a nine-month extension of a production cut pact among OPEC members that is aimed at boosting crude prices, the country's oil minister said on Monday (May 22).

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TTC Group seeks to take over HAGL’s sugar business

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Báo Đầu Tư English 1 month(s) ago

Bien Hoa Sugar Joint Stock Company and Tay Ninh Sugar Joint Stock Company, two subsidiaries of TTC Group, will take over the sugar operation of Hoang Anh Gia Lai in a bid to make TTC Group the biggest sugar producer in Vietnam in terms of output.

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Industrial skid marks a four-year low

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Báo Đầu Tư English 2 month(s) ago

A sharp decrease in the mineral sector and lower growth in many industrial sectors were the major contributors to a four-year-low in industrial production growth in the year’s first four months.

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World oil market 'close to balance' despite OPEC cuts: IEA

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Báo Đầu Tư English 2 month(s) ago

PARIS: Supply and demand in the oil market are close to matching up, the IEA said on Thursday (Apr 13), as landmark OPEC-led production cuts are mitigated by rising US supply and slipping worldwide demand growth.

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Economy still improving but could be hurt by external factors: NFSC

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Báo Dân Trí English 2 month(s) ago

Vietnam’s economy is still continuing the upward trend, especially in agriculture and manufacturing, but growth could be hurt by external factors, according to the National Financial Supervisory Commission (NFSC).

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Rice prices rise in India on firm rupee, Vietnam on supply woes

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Báo Tuổi Trẻ English 2 month(s) ago

Rice export prices firmed in India on a stronger rupee, while the rates rose in Vietnam on concerns that rainfall could affect crops during peak harvest season.

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VN leads Southeast Asian region in PMI

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Báo điện tử CP English 3 month(s) ago

VGP - Vietnam's manufacturing sector ended the first quarter of the year on a positive note. The Nikkei Viet Nam Manufacturing Purchasing Managers' Index, or PMI, rose to a 22-month high of 54.6 in March from 54.2 in February, making it the frontrunner in the Southeast Asian region.

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GDP expands 5.1% in first quarter, fueled by service sector

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Báo điện tử CP English 3 month(s) ago

VGP - Viet Nam’s economy expanded 5.1% in the first quarter compared to 5.46% of the same period last year, official statistics showed.

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Cashew sector prefers processing

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Báo điện tử CP English 3 month(s) ago

VGP – The Viet Nam Cashew Association (Vinacas) encouraged processing and cleaner production in favor of domestic market expansion and export growth.

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Impact of OPEC oil cuts will take time to be felt: IEA

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Báo Đầu Tư English 3 month(s) ago

PARIS: OPEC countries are complying with a landmark deal to reduce a worldwide glut in oil, but it will take some time yet before the oil market feels the full impact of the reduction in output and prices stabilise, the International Energy Agency said on Wednesday (Mar 15).

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