Vietnam assembly ends, China oil and gas earnings, BOJ deputy speech

Vietnam's National Assembly, which commenced on August 3, is concluding its extraordinary session on Monday. The two-phase assembly has covered a range of legislative issues, including money laundering, agriculture, and efforts to curb the spread of weapons of mass destruction. The session is expected to center on energy.

Chinese oil and gas firms are preparing to release first-half earnings amid a decline in China's oil imports due to the U.S.-Israeli conflict in Iran. This situation has helped prevent a surge in global oil prices. Despite a 15.8% decrease in crude oil throughput for the year, the National Bureau of Statistics recently reported that July saw a slight increase in China's oil refining capacity.

During the Vietnam National Assembly's final day, the body is poised to endorse a plan for the nation's first nuclear power plant in Ninh Thuan province. Additionally, the assembly will discuss measures to address challenges faced by wind and solar power projects. Lawmakers will also vote on designating Quang Ninh and Bac Ninh as centrally governed cities, alongside special policies to support APEC 2027 on Phu Quoc island.