14-09-2022 10:00
Global oil prices are predicted to bounce back at the year-end, despite continued geopolitical tensions. Luong Van Khoi, vice president of the National Centre for Socio-economic Information and Forecast, spoke with VIR’s Nguyen Huong about how Vietnam’s socioeconomic development could be affected.
13-09-2022 16:46
Economists and industry experts have voiced concerns over the petrol stabilisation fund continuing as a tool to keep prices down, deeming it too ineffective to make a real difference.
12-09-2022 07:00
As there is no silver lining ahead just yet when it comes to stabilised oil prices, economists and associations agree that corporate taxes should be reduced and oil reserves built to help cope with the current dilemma, but both of these solutions would be costly.
08-09-2022 15:00
Experts gathered at VIR's roundtable on the morning of September 8 to share their predictions about the upcoming global volatility in oil prices and solutions to mitigate these issues in Vietnam.
07-09-2022 19:00
On September 8, Vietnam Investment Review (VIR) will host a roundtable titled "Oil Price Outlook and Sharing Experiences for Sustainable Development" to discuss the impact of oil price fluctuations on Vietnam's economy and the various measures to maintain stable and sustainable growth.
06-09-2022 14:00
The government is promoting energy self-reliance rapidly as global developments have significantly changed the world’s energy situation, pushing Europe into gas scarcity for this winter.
06-09-2022 10:40
Eurozone stocks tumbled Monday and the euro hit a new 20-year dollar low on energy crisis fears, after Russia said it would not restart gas flows to Germany and effectively most of the continent.
06-09-2022 10:25
The OPEC+ oil cartel agreed Monday to cut production for the first time in more than a year as it seeks to lift prices that have tumbled due to recession fears.
06-09-2022 09:00
As oil prices anchor around $90-100 per barrel globally, changes in the oil and gas policy of many markets are expected to bring a new cycle of investment to Vietnam – with the government also taking steps to transition to renewable energy sources by cooperating with countries around the world.
05-09-2022 15:38
Faced with recession fears, the OPEC+ countries are expected to agree a modest increase in oil production at a meeting on Monday, with some experts even forecasting a cut to support prices.
27-07-2022 15:07
Standard Chartered Bank forecasts Vietnam’s GDP growth for Q3 and Q4 at 10.8 per cent and 3.9 per cent, respectively, taking full-year growth to 6.7 per cent. High global oil prices may have negative consequences on the economy.
23-07-2022 16:52
The recent cooling in the prices of some fundamental raw materials has alleviated pressure on construction companies, which are eager to restore their businesses with a slew of new contracts.
16-07-2022 10:00
US President Joe Biden is set to discuss volatile oil prices during a summit with Arab leaders on Saturday in Saudi Arabia, the final stop of his Middle East tour.
07-07-2022 12:13
The government is expected to apply a scheme to pare down taxes and fees for fuel products, as well as provide sufficient fuel for the economy, in a bid to offer support and ensure desired growth.
01-07-2022 17:29
Vietnam’s economic growth accelerated faster than expected in the second quarter of this year, as a recovery in exports and manufacturing helped offset risks from coronavirus outbreaks and rising oil prices, Bloomberg reported.