Logo of Phnom Penh Post newspaper Phnom Penh Post - Hanoi trade figs up

Hanoi trade figs up

Hanoi trade figs up

HANOI, March 12 (Reuter)-Vietnamese trade and industrial output rose in the

first two months of this year thanks to more oil production and power

generation, according to official figures published on Saturday.

The

monthly economic review by the official English-language newspaper Vietnam News

looked good on the whole for the economy, which the government wants to keep

growing at eight percent a year.

Industrial output was three percent

higher than in February, 1993, it said. Over 15 percent more oil was pumped from

offshore fields in the South China Sea and 7.5 percent more electricity was

produced.

The newspaper did not give figures for oil out put but said oil

exports - the main hard-currency earner - were up 30 percent.

Overall

exports and imports in the first two months of 1994 showed increases over the

same period of 1993, the report said. -

Reuters

MOST VIEWED

  • Volunteer scheme to foster ‘virtuous’ humanitarian spirit

    A senior education official said volunteer work contributes to solidarity and promotes a virtuous humanitarian spirit among the youth and communities. Serei Chumneas, undersecretary of state at the Ministry of Education, Youth and Sport, made the comment during the opening of a training programme called “

  • Chinese firms unveil preliminary results on metro, monorail for capital

    Minister of Public Works and Transport Sun Chanthol and representatives from China Road and Bridge Corp (CRBC) and its parent company, the state-owned China Communications Construction Co Ltd (CCCC), met on June 24 for talks on results of the firms’ preliminary study on a potential metro

  • ACLEDA, WU to enable global money transfers

    Cambodia's largest commercial bank by total assets ACLEDA Bank Plc and global money transfer firm Western Union (WU) have partnered to offer customers cross-border money transfers to 200 countries via “ACLEDA mobile” app. In Channy, president and group managing director of ACLEDA, said the June 22 agreement

  • Walmart plans to diversify stock of Cambodia goods

    Walmart Inc, the world’s biggest retailer, on June 22 reiterated recent plans to scale up and greatly diversify its purchases of Cambodian products, according to the labour ministry. This came during a virtual working meeting between Minister of Labour and Vocational Training Ith Samheng and

  • Cambodia detects new Covid cases after 52 days: PM

    After 52 days of zero new Covid-19 cases, Cambodia has now detected new infections, according to Prime Minister Hun Sen. In his special audio address to the nation late on June 28, Hun Sen said the new cases were detected on people who had undergone PCR tests

  • Cotton club growing in Battambang

    The global market for “vegan leather” – materials that act as alternatives to traditional leather that can be synthesised from cork, apple peels, cactus, recycled plastic, grape pomace and pineapple leaves, among other things, and supposedly require no chemicals or water to produce – is expected to