HA NOI – The US dollar-Vietnamese dong exchange rate is expected to hold steady to the end of this year, but ANZ bank anticipates a dong devaluation early next year.
SINGAPORE (ICIS)--AkzoNobel will invest €140m ($200m) in new membrane electrolysis technology to upgrade its 165,000 tonne/year chlorine plant in Frankfurt, Germany, the Dutch paints and coatings company said on Monday. SEE MORE
Global recovery concerns, strength in dollar and monetary tightening measures in India and China impacted market sentiments in commodities. Crude oil prices fell on demand concerns while natural gas market gained on higher temperature forecasts this summer. SEE MORE
Coal import could have been delayed for tens of years
VietNamNet Bridge – Experts believe that if Vietnam had applied a more reasonable policy on coal exploitation and export, it could have delayed the time of importing coal for tens of years.
GUANGZHOU (ICIS)--China’s economy is expected to shed its high inflation and low growth, seen since last August, when governmental policies take effect in the third quarter, analysts said on Tuesday. SEE MORE