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Provisional electricity price approved for two wind farms

Thanh Tam -
HCMC – Vietnam Electricity Group (EVN) has approved temporary electricity tariffs for two wind farms, Nam Binh 1 and Vien An, while 15 other...
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Rising power prices strike cement makers

Dat Thanh -
HCMC – The recent increase in electricity prices has eaten into cement producers’ profits as it has driven up input costs amid the low...
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VCCI Can Tho Japan Desk opened in Kobe

Dat Thanh -
CANTHO – The Vietnam Chamber of Commerce and Industry branch in the Mekong Delta city of Can Tho, or VCCI Can Tho, opened the...
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Finance Ministry backs excise tax on online games

Thanh Tam -
HCMC – The Ministry of Finance has thrown its weight behind a proposal to impose a special consumption tax, or excise tax, on online...
News

Ministry calls for adequate power supply amid heat

Thanh Tam -
HCMC - The Ministry of Industry and Trade has worked with the Vietnam Electricity Group (EVN) and relevant agencies to discuss urgent measures for...
News

PouYuen to lay off thousands of workers next month

Ngoc Nguyen -
HCMC - PouYuen Vietnam, the most labor-intensive firm in Binh Tan District, HCMC, has decided to lay off almost 6,000 workers in June and...
News

NA Standing Committee turns down blanket VAT cut

Dat Thanh -
HCMC – The Government’s proposal for lowering the value added tax (VAT) from 10% to 8% has been endorsed to go before the National...
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Vinh Phuc seeks car registration fee cut

Dat Thanh -
HCMC – The northern province of Vinh Phuc has proposed cutting the registration fee by half for locally-made cars as auto inventory has built...
News

Heavy debt eats into wind energy companies’ profits

Dat Thanh -
HCMC – High financial leverage and negative cash flow are weighing on wind power firms, making their debt five- or six-fold higher than equity. Trung...
Other News

HCMC economic forum to focus on green growth, net zero

Thanh Tam -
HCMC – HCMC will organize the fourth economic forum with the theme “Green growth – a journey to move toward net zero emissions” from...
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