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Though Vietnam is a relative newcomer to the oil industry, it is currently the third-largest oil producer in Southeast Asia, with a total 2011 output of 318,000 barrels per day (50,600 m 3 /d). [1] In 2010, Vietnam was ranked as the 8th largest crude petroleum producers in the Asia and Pacific region. [ 2 ]
Perfect competition provides both allocative efficiency and productive efficiency: Such markets are allocatively efficient, as output will always occur where marginal cost is equal to average revenue i.e. price (MC = AR). In perfect competition, any profit-maximizing producer faces a market price equal to its marginal
The correct sequence of the market structure from most to least competitive is perfect competition, imperfect competition, oligopoly, and pure monopoly. The main criteria by which one can distinguish between different market structures are: the number and size of firms and consumers in the market, the type of goods and services being traded ...
Vietnamese automaker Vinfast plunged right into the crowded and hypercompetitive U.S. auto market, gambling that if it can sell its electric vehicles to finicky Americans, it can succeed anywhere.
In the first quarter of 2024, Vietnam’s economy expanded 5.7% year on year. While that was faster than the 3.4% growth reported the previous quarter, it was still a lower-than-expected result ...
VNG Corporation (Vietnamese: CTCP VNG, lit. 'VNG JSC'), also recognized by its former brand name, VinaGame (VNG), is a Vietnamese technology company founded in 2004.It specialises in digital content, online entertainment, social networking, and e-commerce. [2]
The company was started out as a food company, it initially produced dried food products, notably instant noodles under the Mivina brand by Phạm Nhật Vượng. By 2000, the company began operations in Vietnam. [citation needed] In 2006, Vinpearl Land, the conglomerate's first amusement park, was opened in Nha Trang. [citation needed]
Food and drink companies of Vietnam (5 C, 5 P) L. Logistics companies of Vietnam (1 P) M. Manufacturing companies of Vietnam (13 C, 1 P) Mass media companies of ...