The Vietnamese dong will not depreciate much against the US dollar in the second half of this year, so the whole year’s slide will be 3 per cent at the most, the Bao Viet Securities Company (BVSC) has forecast. SEE MORE After 32 years undergoing economic reform, Vietnam’s economy has maintained an average GDP growth rate of 6.6%, featuring among the world’s top 50 economies, according to Nguyen Thien Nhan, head of the Party Committee of Ho Chi Minh City. SEE MORE Vietnam’s trade surplus in January-October reached an all-time high of US$7.2 billion, well above the full-year figure of US$2.1 billion for 2017, backed by the foreign direct investment (FDI) sector, according to the General Department of Vietnam Customs. SEE MORE ASEAN countries will step up cooperation and share resources to ensure energy security through expanding power grid connectivity and developing renewable energies. SEE MORE It is time to make amendments to the current Law on Petroleum to legally facilitate the development of Vietnam’s oil and gas industry and implement the strategy for sustainable development of the maritime economy until 2030 and with a vision towards 2045. SEE MORE
