China industrial activity shrinks in December, calls grow for more stimulus
16/12/2014(Reuters) - Activity in China's factory sector contracted in December SEE MORE
for the first time in seven months, the latest in a string of weak
economic indicators that will intensify calls for more stimulus measures
to head off a hard landing.Oil Rebounds From Five-Year Low as Fighting Curbs OPEC Supplies
15/12/2014Crude oil jumped the most in two weeks on signs output may contract from SEE MORE
two nations accounting for about 9 percent of OPEC production. Prices
remain near a five-year low, and the United Arab Emirates said the
12-nation group won’t rein in production in response to the slump.Oil import tax raised as global prices fall
09/12/2014The Finance Ministry on December 4 increased the maximum preferential SEE MORE
import duty on oil and petrol by 10 to 15 percent to touch 40 percent.Local banks continue to cut interest rates
09/12/2014The total outstanding loans of Viet Nam-based credit institutions SEE MORE
increased by 10.22 per cent in the first 11 months of 2014 over that of
end-2013.Who benefits the most from lower oil prices?
09/12/2014VietNamNet Bridge – The sharp falls in oil prices have not benefited the SEE MORE
national economy, with the exception of Petrolimex, the petroleum
importer and distributor.
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