Tuesday, June 18, 2019 - 12:46:17

price regulation

EVN given more power price control

Business

EVN given more power price control

A new decision by Prime Minister Nguyen Xuan Phuc has given more authority to the State-owned Electricity of Vietnam (EVN), the largest supplier of electricity in the country, in deciding power prices.

Ministry checks milk prices

Business

Ministry checks milk prices

The Ministry of Finance on Feb. 21 sent official letters to dairy firms registering price increases and relevant state offices in efforts to stabilise prices.

Price stabilisation holds inflation in check

Business

Price stabilisation holds inflation in check

The city's price stabilisation programme has become an effective price-regulation tool in recent years, according to Nguyen Thi Hong, deputy chairwoman of the HCM City People's Committee.

Introduced in 2002, the programme initially targeted the supply and price of essential goods during the Tet (Lunar New Year) holidays, when demand for these items usually increases by 20-40 per cent.