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.
Cambodia unveils new measures to support local firms World

Cambodia unveils new measures to support local firms

Cambodia has unveiled several measures to support local manufacturers and exporters in case the European Union (EU) decides to temporarily strip trade preferences from the country, according to China’s Xinhua News Agency.
EVN reports official 2014 profit Business

EVN reports official 2014 profit

Electricity of Vietnam (EVN) reported a profit of more than 800 billion VND (36 million USD) in the year 2014, the Ministry of Industry and Trade (MoIT) said.
Politics

Low income earners to benefit from new laws

Nine laws will come into force on July 1 after being passed by the National Assembly, aiming to streamline Vietnam's policies and offer support to those who need it most in the wake of ongoing economic difficulties.
Society

WB helps VN improve power distribution efficiency

WB will provide 449 million USD to Vietnam’s project to provide electricity users across the country with better quality and reliable electricity services, and to reduce greenhouse gas emissions through efficiency improvements.
Business

World Bank predicts 6.1 percent growth

The World Bank has predicted that Vietnam's gross domestic product will increase 6.1 percent next year in its East Asia and Pacific Economic Update released on Nov. 22.

It said the real GDP growth rate in the first half of 2011 was 5.6 percent, and is expected to be around 5.8 percent for the whole year.