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.

Talk is cheap, it's action that matters The parliament last week grilled Government leaders and ministers on a wide range of hot-button issues. Former National Assembly (NA) Office Chairman Vũ Mão speaks to Kinh tế & Đô thị (Economic and Urban Affairs) newspaper on the need for action after Q&A sessions.

Building material prices on the rise The cost of building materials has been on the rise due to increasing electricity tariffs at the peak time for construction.