Brent crude futures fell 27 cents, or 0.3%, to $97.88 a barrel by 0034 GMT after settling 1.5% lower on Friday. U.S. West Texas Intermediate crude was at $91.87 a barrel, down 22 cents, or 0.2%, following a 2.4% drop in the previous session. Saudi Aramco stands ready to raise crude oil output to its maximum capacity of 12 million barrels per day (bpd) if requested to do so by the Saudi Arabian government, Chief Executive Amin Nasser told reporters on Sunday. "We are confident of our ability to ramp up to 12 million bpd any time there is a need or a call from the government or from the ministry of energy to increase our production," Nasser said. He added that China's easing of Covid-19 restrictions and a pickup in the aviation industry could add to demand. Investors are looking ahead to China economic data later on Monday for demand cues at the world's top crude oil importer. Oil prices rebounded more than 3% last week after a damaged oil pipeline component disrupted output at … [Read more...] about Oil prices ease as Aramco says ready to boost crude output
Workers comp settlement body part prices
PM thanks Russian scientists for preservation of President Ho’s embalmed body
Russian experts have joined the preservation of President Ho Chi Minh’s body for over 50 years since he passed away in 1969. Vietnam’s Prime Minister Pham Minh Chinh today met a delegation of Russian scientists to whom he extended thanks for their support in keeping the embalmed body of Vietnamese President Ho Chi Minh unharmed. Vietnam's Prime Minister Pham Minh Chinh meets academician Sidelnikov Nikolai Ivanovich, All-Russian Scientific Research Institute of Medicinal and Aromatic Plants (VILAR), in Hanoi on August 14. Photo: VGP Chinh showed his appreciation when meeting scientists of the All-Russian Scientific Research Institute of Medicinal and Aromatic Plants (VILAR) led by academician Sidelnikov Nikolai Ivanovich. He expressed his sincere thanks to the VILAR’s assistance to the Government of Vietnam in performing an important political task, which is the long-term preservation and absolute safety of President Ho Chi Minh’s body. The Russian … [Read more...] about PM thanks Russian scientists for preservation of President Ho’s embalmed body
PM appreciates Russia’s help with preservation of President Ho Chi Minh’s body
In 1992, when the agreement between Vietnam and the former Soviet Union became invalid, with permission by the Vietnamese and Russian Governments, the Mausoleum Management Board and VILAR switched to direct cooperation in preserving the body of the President. Addressing the conference, PM Chinh said when President Ho Chi Minh passed away in 1969 at the age of 79, with the endless love and gratitude for the leader and to realize the strong aspiration of the entire Party, military and people, the Politburo and the Party Central Committee decided to preserve his corpse in the long term and to build a mausoleum so that his reputation, great career, and enormous devotion would exist forever in the heart and mind of every Vietnamese people and become an everlasting symbol of the national solidarity and unity. Braving the fierce war, experts from the Soviet Union worked side by side with Vietnam’s military officers and soldiers to make tireless efforts to surmount every hardship to … [Read more...] about PM appreciates Russia’s help with preservation of President Ho Chi Minh’s body
Concern of Vietnamese guest workers in RoK cleared up
This is the first in-person legal consultation for the Vietnamese employees after a two-year hiatus due to the COVID-19 pandemic. (Photo: VNA) Seoul (VNA) – Vietnamese labourers who are working in the Republic of Korea (RoK) within the Employment Permit System ( EPS ) programme raised questions relating to their rights, interests and obligations at a meeting on August 14. This is the first in-person legal consultation for the Vietnamese employees after a two-year hiatus due to the COVID-19 pandemic. It brought together Vietnamese workers from Gyeonggi province’s Ansan city and its neighbouring localities. Ta Thi Thanh Thuy, First Secretary of the Vietnamese Embassy in the RoK and head of the Vietnamese Labour Managemnet Boad in the RoK, thanked the Ansan Foreign Workers Support Centre for its coordination with the EPS’s Vietnam Labour Management Office to organise the event. She also lauded the role of foreign workers support centres in the RoK and Ansan in … [Read more...] about Concern of Vietnamese guest workers in RoK cleared up
Low-cost meals for the underprivileged in Ho Chi Minh City
Budget eateries offering each meal at a mere VND1,000 (US$0.04), VND5,000 ($21), or for free in Ho Chi Minh City are warming the hearts of low-income workers and disadvantaged people amid surging goods prices. Situated at 317 Trung My Tay 13 Street in District 12, Ho Chi Minh City, the eatery run by Tran Thi Dung and her husband serves offal porridge for disabled and elderly people and lottery ticket vendors. Tran Thi Dung recounted that three years ago, her husband was severely injured in a traffic accident so she took him to their hometown for care and treatment. When he was in good health again, they returned to the city to do business. The couple decided to open a low-cost eatery as a way to lend a helping hand to the underprivileged. “We charge no money to customers who are disabled and sell lottery tickets, but some still pay VND5,000 for their meal as they don’t want to be indebted to anyone. “Receiving their thanks for our acts makes me happy and indefatigable.” … [Read more...] about Low-cost meals for the underprivileged in Ho Chi Minh City
Vietnam, Laos enjoy 24.2% rise in two-way trade in 7 months
The office said that the major products Vietnam shipped to Laos included petrol, vegetables, fertilizers, clinker and cement, electric wires and cables, paper and paper products, ceramics, and garment products. Meanwhile, Vietnam mostly imported from Laos fertilizers, rubber, wood and furniture, ore and other minerals. In July alone, two-way trade hit USD 125 million, a surge of 54.1% year on year, including Vietnam’s export revenue of nearly USD 53.2 million, up 33.9%. This was the third consecutive month that Vietnam enjoyed an increase in exports to Laos, helping reduce the fall in the turnover to minus 1.6% from minus 6% in the first half of this year. In August, Vietnam expects continuous rise in exports to Laos thanks to the stable conditions of the Lao economy, the reduction in petrol prices in the world and the rising number of Vietnamese investors in Laos. Source: VNA … [Read more...] about Vietnam, Laos enjoy 24.2% rise in two-way trade in 7 months