Vietnamese inflation slowed to the
weakest pace in seven months in April, official data showed Wednesday,
in the latest sign that the country’s economy is losing steam. SEE MORE LONDON (ICIS)--SABIC will shut down assets in
Bergen op Zoom, the Netherlands, and Gelsenkirchen, Germany, as part as
part of a previously announced restructuring programme which will see
1,050 jobs cut, the Saudi Arabian petrochemical major said on Friday. SEE MORE VietNamNet Bridge – The nation's gross domestic product (GDP) is
forecast to grow by 4.8 per cent during the second quarter of the year,
lower than the previous quarter. SEE MORE Another power price hike is in sight since Vietnam National Coal and
Mineral Industries Group (Vinacomin) has proposed increasing the prices
of coal sold to power generators. SEE MORE New York oil prices were flat but London-traded Brent crude closed at a
nine-month low Tuesday, as concerns about the strength of the global
economic recovery continued to cloud the market. SEE MORE