Deputy Prime Minister Tran Hong Ha has recently signed the Prime Minister’s Directive No. 20/CT-TTg on increasing electricity saving during the 2023 - 2025 period and subsequent years.
The Ministry of Industry and Trade supporting the reduction of automobile registration fees is considered to have a positive effect on the auto industry in the context of the automobile market facing many difficulties.
A delegation of Electricity of Vietnam (EVN) yesterday had a working session with the Ho Chi Minh City People's Committee on the current situation of electricity supply.
The Ministry of Industry and Trade yesterday held a conference to launch the national electricity saving movement in 2023 under the chair of Deputy Minister Dang Hoang An.
Petrol prices continued to be revised down from 3 p.m. on May 11, following the latest adjustment of the Ministry of Industry and Trade, and the Ministry of Finance.
HCMC led the nation in exports last year as unveiled by the Ministry of Industry and Trade (MoIT) in its annual report on imports and exports, released in Hanoi on April 27.
On April 26, a conference was held by the Ministry of Industry and Trade to assess the state of rice exports in the first quarter of 2023 and discuss the management direction of rice exports in the near future.
The Global Sourcing Fair Vietnam will take place in Ho Chi Minh City from April 26-28, expected to bring together hundreds of suppliers from Vietnam and other Asian nations, and welcome 6,000 buyers.
Measures have been taken to effectively exploit the domestic market with a population of nearly 100 million to fulfill the goal of an increase of 8-9 percent in retail sales of goods and services.
According to reports from multiple petrol retailers, fuel wholesalers and distributors have once again lowered discount rates, which could result in the closure and suspension of operations for petrol retailers due to losses.
Vietnam's petrol and oil imports increased sharply in the first two months of 2023, reaching US$1.7 billion, a surge of 56.3% year on year, the Ministry of Industry and Trade (MoIT) has reported.
The retail prices of petrol were revised up while prices of diesel, kerosene and mazut were lowered from 3 p.m. on February 13 by the Ministry of Industry and Trade, and the Ministry of Finance.
PM Pham Minh Chinh has asked the MoIT to take measures to ensure the supply of all key commodities, especially fuel, and to stabilize the country's distribution channels for the economy after the Tet holiday.
The scale of the domestic retail market is expected to increase from US$142 billion at present to $350 billion by 2025, contributing 59 percent of the national GDP, according to the Ministry of Industry and Trade (MoIT).
The Ministry of Industry and Trade plans to set a target of 6% growth in export value this year, considering unpredictable factors that can affect import-export, according to Deputy Minister Do Thang Hai.
