Economy growing strongly on back of COVID-19 endgame


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State-owned Vietnam Oil and Gas Group (PetroVietnam) last week reported that its total revenue in the first three months of the year is estimated to be over VND113 trillion ($4.91 billion), down 6 per cent on-year. However, the group’s revenue from industrial activities increased 2 per cent, and that from the service activities decreased 21 per cent on-year.A number of the group’s products which were consumed in the first quarter witnessed an on-year rise, including fertiliser (7 per cent), liquefied petroleum gas (29 per cent), condensate (12 per cent), and assorted petrols (5 per cent).Despite a reduction of $446.5 million...