Vietnam's rising coal use clouds energy transition plan
Coal use in Vietnam is expected to rise for the foreseeable future, increasing the country's electric power capacity but clouding its long-term energy transition plans.
SEE MOREOil falls as global economic backdrop outweighs Saudi output cut
Oil prices edged lower early on Tuesday, coming off gains made the previous day as concerns about the global economic backdrop outweighed supply worries raised when Saudi Arabia announced its biggest output cut in years.
SEE MOREIndustrial production continues recovery but difficulties remain
In order to remove the difficulties as well as achieve the socio-economic development targets in 2023, GSO has proposed that the Government focuses on implementing solutions to maintain macroeconomic stability and proactive, flexible and efficient monetary policy in coordination with fiscal policies and other macro policies.
SEE MOREChina LLDPE, LDPE markets see overstocking on unfounded recovery hopes
We should get used to chemicals and polymers demand growth in the region of 1-2% per year, possibly even a minus growth during some years, from hereon in.
SEE MOREOil jumps after Saudi output cut pledge; Asia petrochemical shares rise
Oil prices rose by more than $2/bbl in early trade on Monday following a pledge by Saudi Arabia – the world’s largest crude exporter – to cut its production by another 1m bbl/day in July.
SEE MOREOil up $1 on Saudi plan to deepen output cuts from July
Oil prices were up $1 a barrel on Monday after top global exporter Saudi Arabia pledged to cut production by another 1 million barrels per day from July, counteracting the macroeconomic headwinds that have depressed markets.
SEE MOREViet Nam’s goods export value to hit US$618 bln by 2030
Viet Nam’s export value of goods could reach US$618 billion by 2030, with the average annual growth rate of 7 percent in the 2021-2030 period.
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Vietnam's rising coal use clouds energy transition plan
Coal use in Vietnam is expected to rise for the foreseeable future, increasing the country's electric power capacity but clouding its long-term energy transition plans. SEE MORE
Vinachem: business and production results in Q1/2023
In the first quarter of 2023, the Group's production and business were still facing many difficulties due to the influence of world economic factors, the impact from the conflict between Russia and Ukraine, monetary policy, and interest rates, high productivity, consumption and economic activities down in many countries and regions, etc. Q1/2023, mamy unit members of Group were met with difficulty in capital and production conditions. The fertilizer faced difficulties in product consumption. SEE MORE
Outstanding brands of Vinachem
