crude oil export

Update news crude oil export

Vietnam exports 1.76 million tonnes of crude oil in seven months

The country shipped abroad 1.76 million tonnes of crude oil worth a total of US$1.16 billion in the first seven months of the year, up 19.7% in volume but down 10.4% in value on-year, according to the General Department of Vietnam Customs.

Global crude oil prices affect Vietnam’s financial market

 VietNamNet Bridge – The gold price has tumbled, the stock market is witnessing a drop in oil and gas share prices, and the US dollar continues to rise.

Vietnam’s budget revenue may fall next year if oil prices continue to decrease

 VietNamNet Bridge – Balancing the budget in the context of continuing drop in world oil prices is one of the important issues discussed by the government at a cabinet meeting on December 1.