Nova Chemicals has announced the execution of definitive agreements with Hess Corporation (Hess) and Vantage Pipeline Canada Inc./Vantage Pipeline US LP (Vantage) to purchase and transport ethane production from Hess’ Tioga Gas Plant in North Dakota via a proposed pipeline to Alberta, Canada. SEE MORE (VEN) - Good production results of the key industries in January signaled bright prospects for the Vietnamese economy in 2011. Statistics from the Ministry of Industry and Trade show that in January, the production value of the entire industrial sector totaled an estimated VND73.7 trillion, up 16.1 percent compared with January 2010 (the industrial production value of the non-State sector increased 18.9 percent; the foreign invested sector, up 18.5 percent; and the State-owed sector, up 6.7 percent). SEE MORE NEW DELHI (Commodity Online) : India’s trade with ASEAN bloc is all set to hit $70 billion in the next three years, according to India’s Commerce ministry. SEE MORE 12:00 AM @ 01/01/1900
Vietnam’s central bank raised its reverse repurchase rate, the second increase in borrowing costs in less than a week, as Prime Minister Nguyen Tan Dung prepares to order tighter policies to tame inflation.SEE MORE(VEN) - Every year, January is the time when production is intensified to ensure sufficient supply of goods for domestic consumption during the Lunar New Year (Tet). But this has no adverse impact on the export situation. The import, export data of January 2011 show that satisfactory results were achieved in the first month of the year. SEE MORE
