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crude oil price
Update news crude oil price
Vietnam may have to choose between low growth rate or high inflation
VietNamNet Bridge - The economic performance in recent months, especially in May, shows that the national economy may not maintain the high growth rate seen in the first quarter.
Vietnam’s GDP still relies on price of oil
VietNamNet Bridge - Exploiting one more million tons of oil for sale to obtain higher GDP shows that the national economy still cannot gain substantial reform.
Asian stocks firm as Fed looms large, yuan slips
Asian shares firmed on Tuesday as recently volatile crude oil prices showed some stability, though gains were limited by caution ahead of a widely anticipated U.S. interest rate increase by the Federal Reserve.
Vietnam remains optimistic despite loss of revenue from crude oil exports
The government, when planning the nation’s budget for 2016, has estimated that crude oil will make up 10 percent of the budget revenue for the year, which means that Vietnam still plans to increase the crude oil output.
Gov't aims to reduce public debt
VietNamNet Bridge – Finance Minister Dinh Tien Dung told Ha Noi Moi (New Ha Noi) that achieving equitisation targets for State-owned enterprises and alleviating debt would be high priorities this year.
Oil group plans exploitation scenarios amid price fluctuations
VietNamNet Bridge – Though anticipating revenue could drop by billions of dong this year if low oil prices continue, PetroVietnam says this will not seriously affect its production and business.
