COVID-19 sparks a boom in cashless payment: expert Business

COVID-19 sparks a boom in cashless payment: expert

The novel coronavirus outbreak has changed the payment habit in Vietnam, with non-cash transactions particularly surging in the public service, Director of the State Bank of Vietnam’s Payment Department Pham Tien Dung said on December 4.
Tourism industry needs support Travel

Tourism industry needs support

The Ministry of Culture, Sports and Tourism has asked Prime Minister Nguyen Xuan Phuc for urgent support for tourism businesses impacted by the second wave of COVID-19.
MoIT considers common retail power price Business

MoIT considers common retail power price

The Ministry of Industry and Trade (MoIT) is considering allowing households to choose a common retail power price for their electricity consumption, said Deputy Minister Hoang Quoc Vuong.
EVN to allow QR-code payment from September Business

EVN to allow QR-code payment from September

The Vietnam Electricity (EVN) plans to get connected with banks and other organisations by the end of August to allow customers to pay electricity bills through QR-code from September this year.
Cambodia plans electricity price cut to revive economy World

Cambodia plans electricity price cut to revive economy

The Cambodian government has issued a plan on reducing electricity tariffs for firms in four key sectors – manufacturing, agriculture, commercial and service – for five months to beef up the economy plagued by the Covid-19 pandemic.
Ministry proposes new electricity tariffs Business

Ministry proposes new electricity tariffs

The Ministry of Industry and Trade has proposed a new retail electricity tariff which is divided into five rates instead of six. In this option, 98.2 percent of households in the country would see no increase or even lower power bills.
National public service portal launched Society

National public service portal launched

The national public service portal, an electronic platform to connect the Government with people and enterprises, was officially opened nationwide on December 9 after nine months of construction.
Power prices should have been increased more: MoIT Business

Power prices should have been increased more: MoIT

Electricity retail prices should have been raised by 9.26 percent instead of 8.36 percent if Vietnam Electricity (EVN) had correctly calculated the 3.26 trillion VND foreign exchange rate difference in 2018 into its power production costs.
Costs cause seafood firms to sink Business

Costs cause seafood firms to sink

Rising production costs are harming the competitiveness of Vietnamese seafood products, according to experts. These include the prices of feed, material input, electricity and labour.