Extractive industries
How should Vietnam behave after the US abandons TPP?
Anti-globalization and protectionist attitudes are increasing in some countries, but Vietnam still has an open economy. This means big challenges for Vietnam in upcoming days. US President Donald Trump on January 23 officially pulled out of the 12-nation Trans-Pacific Partnership, a move that The New ...
Record trade surplus for Australia
Australia boasted its biggest trade surplus on record in December as surging commodity prices showered the resource-rich nation in cash, a windfall that could lessen the risk of a downgrade to its triple A credit ratings. Yesterday’s data from the Australian Bureau of Statistics showed ...
VnSteel aims to increase revenue by VNĐ800 billion
Vietnam Steel Corporation (VnSteel) aims to earn a consolidated revenue of US$835.5 million in 2017, an increase of VNĐ800 billion from 2016. It will produce around 2.4 million tonnes of steel billets this year, up 17 per cent from 2016, VnSteel said. To accomplish these ...
World Bank loans support high-carbon development in Indonesia: report
Despite their stated aim of boosting low-carbon growth, World Bank policy loans to countries like Indonesia are creating subsidies for coal, gas and oil projects, according to a report released today by the nonprofit Bank Information Center. At the same time, these policy programs undercut ...
Sand stats ‘correct’: government
At a government-organised forum on sand exports on January 24, a Ministry of Mines and Energy official said an investigation had been carried out into huge discrepancies in data on sand export from Cambodia to Singapore but that the probe found no irregularities. UN data ...
Study finds that carbon finance is not a one-size-fits-all solution to deforestation
Halting the pace at which we’re destroying the world’s forests for agriculture, forestry, mines, and other economic development projects is crucial to combating climate change. Carbon finance, which involves creating monetary incentives for companies and countries to invest in programs to reduce carbon emissions, is ...
S'pore has strict criteria for sand imports, says Govt, as controversy over Cambodian imports brews
The Republic stopped importing sand from Cambodia after a ban took effect in November last year, said the Ministry of National Development as the issue of sand imports once again takes the spotlight. Responding to media queries, the MND also stressed that Singapore sets strict criteria ...
Wa State suffers as fewer Chinese come to party
In a remote casino in northeastern Burma, China’s pervasive campaign against graft has taken its toll. Hundreds of local traders and farmers place petty bets as low as 10 cents, outnumbering a few Chinese who were once the VIPs of a gambling hall decorated with ...
VN OilGas top list of 500 leading firms
Vietnam Oil and Gas Group topped the list of 500 leading companies announced at a ceremony in Hà Nội on January 19. It was followed by Samsung Electronics Vietnam Co Ltd, Viettel Group, Electricity of Việt Nam, and the Vietnam National Petroleum Group. The annual event, ...
Urban FMCG market rising as rural market sees lower growth
2016’s GDP reaching 6.21 per cent fell short of the target of 6.5 per cent but CPI was controlled at 2.67 per cent, lower than the targeted 3-4 per cent. Retail sales of consumer goods also maintained double digit growth, at 10 per cent on ...
