Under the joint decision by the ministries, RON 92 and E5 petrol is sold at a maximum prices of VNĐ16,069 (71 US cents) and VNĐ15,918 VND (70 US cents) per litre respectively
Along with owners of State invested firms, the Ministry of Finance (MoF) will also participate in decision-making on dividend payout at firms to better manage State assets.
Deputy Prime Minister Vương Đình Huệ has ordered responsible ministries and enterprises to resolutely handle prolonged loss-making projects in line with market mechanisms while reaffirming that the State would not pump money into inefficient projects.
Vietnamese mobile service operators are racing to reduce the charges for roaming services after the Ministry of Information and Communications allowed mobile operators to negotiate with foreign partners about international roaming services since June 1.
Prime Minister Nguyễn Xuân Phúc has promulgated Decision 24/2017/QĐ-TTg to allow the Electricity of Việt Nam (EVN) to raise the average retail price of electricity by 3 per cent to less than 5 per cent without asking permission from the Ministry of Industry and Trade (MoIT). Nguyễn Anh Tuấn, director of the Electricity Regulatory Authority of Việt Nam (ERAV) told media about issues relating to the decision.
Deputy minister Vương Đình Huệ has asked the financial sector to do its best to fullfil the mission on budget collection as set out by the National Assembly, which was projected to increase from 5 to 8 per cent for the year of 2017.
Shares bounced back on Wednesday along with recovery of large-cap stocks on strong capital inflows.
Vietnamese companies exporting seafood to Japan need to carefully study the latter’s food safety and hygiene regulations to boost exports, a seminar heard in HCM City yesterday.
Customs officials at all airports and seaports in the country will strengthen supervision and inspection of all goods, luggage and cargo transported via the ports, an official said.
Authorities in the central province of Quảng Nam have asked the Government to reduce the import tax on auto parts and components for locally-assembled vehicles at the earliest.
The Australia Anti-Dumping Commission (ADC) concluded that it would stop investigations and not to impose countervailing duty on aluminium extrusions imported from Việt Nam, according to the Việt Nam Competition Authority (VCA) on Tuesday.
A delegation of Russia’s Rostec Corporation worked with authorities in the southern province of Bình Dương on Wednesday to prepare for the operations of the Việt Nam-Russia Rubber Joint Venture Company (Visorubtex).
Hong Kong-based SIBC International Ltd has proposed to the Cần Thơ authority a project to build a racecourse and an entertainment and tourism complex in the country’s southern city.
The Government’s goal to extract another one million tonnes of crude oil by December to meet its economic growth target is challenging, the Vietnam Oil and Gas Association (VOGA) said.
The national index for industrial production (IIP) increased 6.2 per cent year-on-year in the first half of this year, the General Statistics Office (GSO) reported.
Budget airline AirAsia will begin operating daily direct flights between Nha Trang and the Malaysian capital Kuala Lumpur on September 14.
The Vietnam International Bank (VIB) and Commonwealth Bank of Australia (CBA) announced on Monday that CBA’s HCM City branch would be sold to VIB.
Local firms need to pay due attention to their brand, including brand building, brand valuation and brand governance, said an official.