VietNamNet Bridge – A fierce debate has been raised in response
to the recent release of the UNDP’s report on the energy situation in
Vietnam. The report, conducted with the support of some Vietnamese
research institutions, says the government spends $1.2-4.5 billion a
year for fuel subsidies. SEE MORE The worsening conflict in Iraq poses a bigger risk to long-term oil
prices than traders anticipate, according to banks from Citigroup Inc.
and Bank of America Corp. SEE MORE Petrolimex, the country’s biggest importer and trader of
oil products, raised its pump prices for gasoline by 1.3 percent on
Monday, the fourth hike this year. SEE MORE HA NOI (VNS) — Domestic nitrogenous fertiliser manufacturers are
worried about selling fertiliser due to an oversupply by local
manufacturers, along with high imports. SEE MORE The Government has instructed relevant agencies to build socioeconomic
development plan and propose state budget for next year, in which the
Gross Domestic Product growth is targeted to reach 6-6.2 percent. SEE MORE