The Ministry of Industry and Trade (MoIT), Vietnam Electricity (EVN), and experts share the view that power supply will be guaranteed this year, but the challenge is that demand is forecast to surge amid the post-pandemic economic recovery.
Amid increasing pork prices, the Ministry of Agriculture and Rural Development has been implementing solutions to remove difficulties and promote production. Therefore, the livestock industry is expected to ensure supply from now until the end of this year.
Nghi Sơn Refinery and Petrochemical LLC (NSRP) has delivered two petrol shipments to the Nghi Sơn Refinery Distribution Branch (PVNDB), an affiliated company of the Vietnam Oil and Gas Group (PetroVietnam).
Prime Minister Phạm Minh Chính has sent a dispatch to ministers, heads of ministry-level agencies and chairmen of the People’s Committees of centrally-run provinces and cities, asking for strengthened efforts in the management of prices of essential goods and services.
Global central banks are in a dash to raise interest rates to cool rampant high inflation and their moves are challenging the State Bank of Việt Nam’s policymaking in a way to support the economic recovery while sustaining macroeconomic sustainability.
The potential of renewable energy sources, especially wind and solar power, is one of the keys to Việt Nam's energy transformation towards carbon neutrality, but the unresponsive transmission network is wasting the capacity of billions of kWh of electricity.
Governor of the State Bank of Vietnam Nguyễn Thị Hồng said it is reasonable due to restricted supply according to the country’s policy to restrict gold supply sources with an aim to fight dollarisation and goldisation in the domestic economy