• Vietnam economic growth to rebound by 2016

      18/02/2014


    Vietnam
    ’s economy should be
    growing at a rate of 7 percent again by 2016, according to a report by
    global accounting firm Ernst & Young.


    The
    UK-based firm, which placed the country fourth on its list of 25
    potentially vulnerable fast-growing economies, expects faster economic
    growth from this year as policy makers are making efforts to reduce the
    fiscal deficit, continue curbing inflation, and bring down borrowing
    rates.

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  • Copper Advances With Base Metals on China’s Record New Credit

      17/02/2014
    Copper climbed to a one-week high,
    extending two weeks of gains, after a report showed China’s new
    credit increased to a record last month, boosting demand
    prospects for industrial metals from the top user.  
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  • Gold Rises to Three-Month High on Haven Demand as Silver Rallies

      17/02/2014
    Gold advanced to the highest level
    in more than three months as demand for haven assets increased
    on speculation that the U.S. economic recovery will slow. Silver
    headed for the longest run of gains since at least 1968.  
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  • Oil giant to import coal for power plants earlier than expected

      14/02/2014
    In preparation for the takeover of Vung Ang 1 power station and the
    construction of Thai Binh 2 thermopower plant, an affiliate of the
    state-owned Vietnam Oil and Gas Group (PVN) has clinched a deal to
    import 10 million tons of coal this year.  
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  • Petrovietnam to import coal from 2017 for power plants

      13/02/2014
    State oil and gas group Petrovietnam is
    looking to buy around 10 million tonnes of coal a year, mostly from
    Australia and Indonesia, to feed domestic thermal power plants from
    2017, a company official said on Monday.  
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