• Yuan Drops to Record Versus Peers Amid Bets PBOC Helping Exports

      04/11/2016
    China’s yuan dropped to a record low against a trade-weighted currency basket amid speculation policy makers are using recent dollar weakness to boost the competitiveness of the nation’s exporters.  
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  • PM gives greenlight to equitisation of power-generating companies

      02/11/2016
    Prime Minister Nguyen Xuan Phuc has approved the equitisation of electricity-generation corporations under the Electricity of Vietnam (EVN), the Vietnam National Oil and Gas Group (PetroVietnam) and the Vietnam National Coal and Mineral Industries Group (Vinacomin).  
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  • Industrial production index up 7.2 percent in 10 months

      02/11/2016
    Vietnam’s industrial production index (IPI) in the first ten months of 2016 rose 7.2 percent year-on-year, lower than the 9.8 percent level recorded in the same period last year due to a continuous downturn in the mining industry.  
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  • Govt debt to rise to 55% of GDP

      01/11/2016
    Mai Tien Dung, Minister and Chairman of the Government Office, has defended a proposal for hiking Government debt to no higher than 55% of gross domestic product (GDP).  
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  • Making ethanol without corn or other plants

      29/10/2016
    Stanford University scientists have found a new, highly efficient way to produce liquid ethanol from carbon monoxide gas. This promising discovery could provide an eco-friendly alternative to conventional ethanol production from corn and other crops, say the scientists. Their results are published in the April 9 advanced online edition of the journal Nature.  
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