Price management faces new conditions amid pandemic Business

Price management faces new conditions amid pandemic

The COVID-19 pandemic has impacted economies and commodity markets globally, including Vietnam, and domestic prices will continue to fluctuate and be more closely linked to the fluctuations of raw material and fuel prices on the world market.
MoIT considers single pricing model for power tariff Business

MoIT considers single pricing model for power tariff

The Ministry of Industry and Trade (MoIT) is considering new models to calculate electricity prices, including one that would eliminate its current step pricing, which industry experts have called outdated and deeply unpopular among consumers.
HCM City to stabilise market prices Business

HCM City to stabilise market prices

Ho Chi Minh City’s Department of Industry and Trade has pledged to help businesses stabilise market prices following hikes in gasoline and electricity prices.
Deputy PM lays out measures to curb CPI at 3.3-3.9 percent Business

Deputy PM lays out measures to curb CPI at 3.3-3.9 percent

Deputy Prime Minister Vuong Dinh Hue required ministries, sectors and localities to control the consumer price index (CPI) between 3.3-3.9 percent in 2019 while chairing a conference of the National Steering Committee on Price Management in Hanoi on January 17.
Thailand to cap diesel price at 30 THB World

Thailand to cap diesel price at 30 THB

Thai Energy Minister Siri Jirapongphan has said his government will keep the diesel price at no higher than 30 THB per liter in a bid to keep transportation costs low.
MoIT’s power tariff proposals to benefit hotels Business

MoIT’s power tariff proposals to benefit hotels

The Ministry of Industry and Trade (MoIT) is drafting regulations on new retail prices for electricity, aiming to lower electricity prices for hotels in order to strengthen the tourism sector and hike prices for electricity-guzzling households in an effort to incentivise lower consumption.