Vietnam’s 5 percent broken rice prices RI-VNBKN5-P1 fell to $325 per tonne, their lowest since November 2007, versus last week’s $325-$330 range.
Vietnam has to import 1-4 billion cubic meters of liquefied natural gas a year in 2021-25 to meet the growing power demand.
A number of rice importers have imposed an array of strict requirements, discouraging local rice firms from continuing to operate.
Sales of automobiles saw a month-on-month decline of 19 per cent to about 21,480 vehicles in August, according to the Vietnam Automobile Manufacturer Association (VAMA).
Viet Nam's tra fish (pangasius) industry has seen a plummet in stock prices due to falling tra fish prices and volatile export markets.
Stable economic development and population expansion in Vietnam are driving the growth of the local automobile market, as seen in the significant surge in car sales, at 202,567 units sold year-to-date, up 20% year-on-year.
Vietnamese rice export rates slumped to their lowest in nearly 12 years this week on sluggish demand, while an appreciating rupee helped rates for the Indian variety.
The Vietnam Gas Association has asked the Government to cut red tape for gas trading.
Vietsovpetro, a Viet Nam and Russia oil and gas joint venture, earned US$1.28 billion from sales in the first eight months of this year, 19.4 per cent over its yearly target.
Vietnam has initiated anti-dumping investigations on certain carbon steel imports from China following a request by domestic producers.