Vietnam’s economy is likely to bottom out in 2013 unless more effective
measures are taken, said the Vietnam Academy of Social Science (VASS). SEE MORE VietNamNet Bridge – Power companies all have reported big profits for 2012
with the profits up by 1.5-4 times in comparison with the last year. Meanwhile,
the Electricity of Vietnam (EVN) expects the profit of VND3.5-4 trillion. SEE MORE LONDON (ICIS)--African Potash
on Tuesday revealed it has re-entered into an agreement to acquire an
indirect 70% interest in La Societe des Potasses et des Mines S.A. (SPM)
a company that holds the exclusive right to mining research activities
for potash salts at Lake Dinga in the Republic of Congo. SEE MORE VietNamNet Bridge – A series of state owned economic groups and general
corporations report huge losses for the last many consecutive years, but the
chiefs of the enterprises still receive huge incomes. SEE MORE A trade surplus and a proactive monetary policy kept the dong-US
dollar exchange rate stable last year, and analysts are hopeful the
situation would remain unchanged in 2013. SEE MORE