Monday , November 25 2024

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How rising global oil prices impact Vietnam economy

How rising global oil prices impact Vietnam economy

The surge in crude oil prices to an eight-year high is set to have a major inflationary effect in Vietnam. “The rising crude oil prices will have both positive and negative impacts on Vietnam, but the negatives are bigger,” economist Can Van Luc said. Brent crude oil futures reached $92.47 …

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Vietnam to speed up demining process

Vietnam targets to remove unexploded ordnance (UXO) from 75,000 hectares of land annually to soon clear 5.6 million hectares of contaminated land. “For the 2021-2025 period, we will drastically direct the process of demining to achieve the target of screening 500,000 hectares (1.24 million acres) and cleaning around 75,000 hectares …

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