Firms must consider measures on how to mitigate exchange rate risks such as forward and swap dealings in the face of the foreign exchange market undergoing sharp fluctuations, experts have noted. SEE MORE The use of taxes and fees should be prioritized to improve the competitiveness of enterprises. As this tool has been long forgotten, it should be reinstated as quick as possible. Vietnam’s budget collection has increased over the years while budget deficit has been to a certain extent put under control. SEE MORE This week, all eyes are on the G20 energy ministers' meeting on energy transitions. G20 accounts for roughly 60% of global oil production and about 80% of oil consumption. Major themes in focus include the development of carbon recycling technologies as well as LNG. SEE MORE Crude oil futures were higher in mid-morning trade in Asia Tuesday on prospects of tightening supplies by OPEC, but ongoing trade disputes between the US and China could cap prices, analysts said. SEE MORE China will respond firmly if the United States insists on escalating trade tensions, the foreign ministry said on Tuesday after U.S. President Donald Trump said further tariffs were ready to kick in if no deal was reached at June’s G20 summit. SEE MORE