price hike

Update news price hike

EVN seeks shocking price hike

By Hieu Minh The Ministry of Trade and Industry has given the go ahead for yet more increases in electricity prices following a plea from the state-owned  Electricity of Vietnam.

Traders told to use stabilization fund to maintain fuel prices

Fuel wholesalers can extract up to VND2,000 for each liter of gasoline and VND650-1,150 for every liter of oil from the price stabilization fund to cover their losses and keep the current retail prices unchanged.