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Thailand prepares to cope with global oil price hike

The Energy Ministry of Thailand is planning to use 1.5 billion baht (about 49 million USD) from the state Oil Fund to support local oil prices.

BUSINESS IN BRIEF 21/3

US$57 million Diamond field project launched; Vietnam-EU FTA under discussion; Footwear firms buoyed by prospect of EU deal; Auto sales plunge in February; Gambling in Hanoi still open only to foreigners

Revival of mangrove forests

VietNamNet Bridge - Vietnam has had a rich and diverse ecosystem of mangrove forests, which were mostly destroyed in the past. In recent years, thanks to a national strategy these mangrove forests have been restored.