MoU signed on developing competitive electricity market Business

MoU signed on developing competitive electricity market

The Electricity Regulatory Authority of Vietnam (ERAV) and the US Bureau of Energy Resources (ENR) signed a Memorandum of Understanding (MoU) on providing technical support to develop the competitive electricity market in Vietnam on May 7 in Hanoi.

Transport hotlines set up for holiday

The National Traffic Safety Committee has opened 10 hotlines for people to file complaints about transport issues during the six-day national holiday starting on April 28.

Ancient lithophone found in Quang Binh

An ancient lithophone was recently discovered in the central province of Quang Binh, the first of its kind ever found in the province, confirmed the provincial museum on April 22.

Officials say price transparency needed

Officials agreed on March 16 that they need to do more to ensure commodity prices operate on market mechanisms with greater transparency, even as national utility Electricity of Vietnam (EVN) was roundly criticised for opacity in its price calculations.
Power price hike to raise 2015 CPI by 0.23 percent Business

Power price hike to raise 2015 CPI by 0.23 percent

The 7.5 percent increase in electricity prices from March 16 is forecast to raise this year’s consumer price index (CPI) by 0.23 percent, said Nguyen Anh Tuan, Director General of the Ministry of Industry and Trade’s Electricity Regulatory Authority.

The hike will translate into an additional 4,800 VND (0.22 USD) for each household consuming 50 kWh of power a month, while those using 100 kWh a month will pay about 9,800 VND (0.46 USD) more, he said.
Volunteers cheer patients with portraits Society

Volunteers cheer patients with portraits

Some 170 volunteers and photographers took part in a non-profit event on December 6 launched by Help-Portrait Vietnam to take photos of disadvantaged people in Hanoi.

State Audit evaluates strategic role

The Chairman of Vietnam's Auditor Association, Tran Van Ta, has said that the State Audit office of Vietnam (SAV) should operate as a large-scale independent organisation without any external interference.

Ba Be aims for top eco-tourism site in Vietnam

The People’s Committee of the northern mountainous province of Bac Kan and the Ministry of Culture, Sports and Tourism (MoCST) held a conference on June 17, on the investment and development of Ba Be Tourism Site, radio The Voice of Vietnam (VOV) reported.
Petrolimex cuts retail petrol price Business

Petrolimex cuts retail petrol price

The Vietnam National Petroleum Group (Petrolimex) on August 18 reduced the price of RON 92 gasoline by 600 VND (2.8 US cents) to 24,210 VND (1.01 USD) per litre.

Second wave of mergers and acquisitions begins: paper

Experts have claimed a second wave of mergers and acquisitions (M&A) has begun in Vietnam, the Vietnam Economic News reported, citing experts as saying that the second one is stronger both in terms of numbers and value of the transactions.

Vietnam works to manage, eliminate POPs

The Environment Administration under the Ministry of Natural Resources and Environment on July 8 held a conference to launch a project to update Vietnam’s national implementation plan for the Stockholm Convention on persistent organic pollutants (POPs).