British 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 MORE The 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 The local mining industry saw a decline in production growth in the past seven months, which is likely to extend to the end of the year, said the General Statistics Office (GSO). SEE MORE In the context of global oversupply and unstable oil prices, oil & gas exports must not be seen as the lifebuoy for the Vietnamese economy. SEE MORE Vietnam’s gross domestic product (GDP) is expected to grow by 6.14 percent in the third quarter (Q3) of 2016, higher than the level of 5.52 percent in the first six months of this year, according to the Central Institute for Economic Management (CIEM). SEE MORE