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India s oil imports up 6 9% in April

Refiners shipped in 4.7 million barrels per day (bpd) oil in April, a growth of 11.6% over last year when fuel demand collapsed due to deadly second wave of COVID-19, the data showed.

Vietnam attracts over US$12b in FDI in four months of 2021; almost same level with 2020

The Hong Kong-invested EVA Hải Phòng Precision Co Ltd’s factory at the VSIP Hai Phong Industrial Park. - Vietnam News/ANN HANOI, May 5 (Vietnam News/ANN): As of April 20, Vietnam attracted US$12.25 billion in foreign direct investment (FDI), equivalent to 99.3 per cent compared to the same period last year, according to the Ministry of Planning and Investment’s Foreign Investment Agency (FIA). The four-month figure shows the FDI inflow was slowing down, said the FIA. However, the agency noted the average size of newly-licensed projects and those registering to adjust their capital increased by less than $7 million per project in comparison with the same period last year.

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