Sunday , November 24 2024

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Shorten gasoline adjustment cycle to resolve market issues: PM

Shorten gasoline adjustment cycle to resolve market issues: PM

Shortening the gap between gasoline price adjustments is necessary to ensure a more flexible market intervention to prevent shortages, Prime Minister Pham Minh Chinh said. This is one solution authorities are studying in response to recent problems on the market, mostly caused by the lack of efficient cooperation between government …

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VN-Index hits 7-day high

VN-Index hits 7-day high

Vietnam’s benchmark VN-Index rose 1.56% to 1,050.99 points Thursday with foreign investors net buying for the fifth straight session. The index closed 16.2 points higher after gaining 28.6 points on Wednesday. Trading on the Ho Chi Minh Stock Exchange (HoSE) fell by 22.4% to VND8.90 trillion ($369.06 million). The VN-30 …

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Indonesia’s China-funded rail project on track despite cost overrun

Indonesia's China-funded rail project on track despite cost overrun

A high-speed railway project in Indonesia, part of China’s Belt and Road Initiative, is on track for a 2023 launch despite ongoing negotiations between the two countries about the project being over-budget, officials said on Thursday. President Joko Widodo inspected a new train station, where the consortium building the railway, …

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