Russia Plans to Build 13 Hydropower Stations, 15 Wind Farms by 2030
10/08/2016The Russian authorities plan to built 13 hydroelectric power stations and 15 wind power plants with power capacity of over 100 MW across the country, a power development plan released by the Russian government on Tuesday said. SEE MOREBad debt increases in banks despite reduction in banking system
10/08/2016The State Bank of Vietnam (SBV) reported that deep debt ratio in the banking sector was 2.78 percent by the end of May, meeting the goal to keep it below 3 percent, at cabinet meeting this month. However the ratio highly increased in many commercial banks in the first half this year. SEE MORE10 Top Cobalt-producing Countries
09/08/2016The cobalt market continued to rally in 2015, with the help of Tesla Motors plans to build a lithium-ion battery gigafactory to boost sentiment. SEE MOREBP seeks buyers for China petchem JV stake in up to $3 billion deal
09/08/2016British oil major BP is seeking buyers for its 50 percent stake in a Chinese petrochemicals joint venture, its single largest investment in China, in a deal that would fetch $2-$3 billion, people familiar with the matter told Reuters. SEE MOREIMF gives warning of debt distress in Vietnam's future
09/08/2016The International Monetary Fund has warned Vietnam’s government about a growing budget deficit and public debt, largely due to a big rise in recurrent expenditure and ineffective usage of public investment. SEE MORE
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