Renewable energy capacity to be cut due to oversupply of power: MOIT Low power demand coupled with an oversupply of electricity at times have forced authorities to cut the capacity of renewable energy plants to avoid overwhelming the national grid, according to the Ministry of Industry and Trade (MoIT). 

CPI in February highest in 8 years The GSO’s Price Statistics Department explained that the CPI in February saw a strong rise due to the higher demand for food and foodstuffs for the Lunar New Year (Tết) festival.

MoIT scraps single power price proposal

The Ministry of Industry and Trade (MoIT) has decided to cancel plans for a single price model to calculate power tariffs after receiving feedback from relevant ministries and experts.  

New power pricing mechanism to be applied next year

The common retail power price is expected to be applied at the beginning of next year together with the current tiered pricing mechanism, said Deputy Minister of Industry and Trade Đỗ Thắng Hải.

MoIT considers common retail power price

The Ministry of Industry and Trade (MoIT) is considering allowing households to choose a common retail power price for their electricity consumption, said deputy minister Hoàng Quốc Vượng.

Pork and oil prices key to keeping inflation under control: experts

Inflation is currently under considerable pressure and the consumer price index (CPI) jumped 0.66 per cent in June against the previous month, the largest increase since 2016.

Suitable tiered pricing mechanism urged for electricity sector The Ministry of Industry and Trade (MoIT) is proposing reducing power price tiers from the current six to five levels.

MoIT denies reports about power price increase The Ministry of Industry and Trade (MoIT) late on Tuesday denied reports that the nation’s electricity price had increased. The reports had appeared on some websites and social media posts.

No electricity price increases until the end of Q2 Electricity and fuel prices won't increase until July at the earliest.

NA Chairwoman meets citizens in Cần Thơ On electricity prices, she said the government has requested a review of the impacts of power price hike on households in different income groups and to provide support for poor families.