HANOI: Vietnam’s crude oil exports between Jan. 1 and Aug. 15 fell to nearly $2.56 billion, from $5.04 billion during the same period a year ago, due to global price slumps, the Vietnam News reported, citing customs data.
But the lower oil prices will help boost the country’s production and manufacturing sector, increase the gross domestic product and keep inflation within control, the report cited energy industry and government experts as saying.
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