Fuel Traders Await Price Cut Order Again
21/11/2014Local fuel trading companies again are waiting for a decision from SEE MORE
administering agencies to announce further retail price cuts as they are
making good profits from VND300-750 from each liter of fuel sold.Oil Poised for Weekly Gain as Analysts Divided on OPEC Policy
21/11/2014Brent and West Texas Intermediate headed for their first weekly advance SEE MORE
since September as analysts remain divided on whether OPEC will cut
production to support prices that are in a bear market.Vietnam tightens valuations to clean up bad debt
21/11/2014Vietnam’s state asset management company will use its own valuations SEE MORE
instead of inflated book values to buy bad debt from banks by the end of
next month to accelerate a revamp of the financial system and revive
lending.Oil prices under pressure as US oil and gas output rises
20/11/2014Just 10 years ago, then BP CEO John Browne shocked the oil industry by SEE MORE
suggesting that oil prices might “temporarily” rise to $40/bbl due to an
imbalance of supply and demand, before falling back below $35/bbl
again.Vietnam banks to trim bad debts by year end
20/11/2014Bad debts in Vietnam's troubled banking system could fall sharply by SEE MORE
year-end to 2.5 to 2.7 percent of total loans thanks to debt
restructuring and tighter supervision, Prime Minister Nguyen Tan Dung
said on Wednesday.
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