Retail electricity price has surged on average by 8.36 per cent from March 20, the Ministry of Industry and Trade announced today.
Vietnam Trade Promotion Agency under the Ministry of Industry and Trade announced the cooperation with Amazon Global Selling to help Vietnamese enterprises, especially small and medium sized ones, promote exports through e-commerce.
The Luy River 1 solar power plant approved by the Ministry of Industry and Trade would have the capacity of 39 MW with the total investment capital of more than $42.8 million.
According to the Ministry of Industry and Trade, Mumuso has shown signs of violating the law on advertisement which confuses customers about the origin of products for unfair competition.
The Competition and Consumer Protection Department (CCPD) under the Ministry of Industry and Trade considers launching a formal investigation into the acquisition of Uber in Southeast Asia including Vietnam by Grab, after announcing the preliminary results are presenting the sign of breaching antitrust law on May 16.
Deputy Prime Minister Truong Hoa Binh has assigned the Ministry of Public Security, the Ministry of Industry and Trade, the Ministry of Finance and other relevant agencies to strictly handle the commercial infringements caused by Khai Duc Ltd., Co. (Khaisilk) in accordance with the law.
After checking and finding the signs of violating the Criminal Law caused by Khai Duc Co., Ltd (commonly known as Khaisilk), the Ministry of Industry and Trade (MoIT) has transferred the case record to the investigation agency.
According to the Ministry of Industry and Trade (MoIT), from December 01, 2017, the average retail price of electricity is raised to VND1,720.65 (US$0.08) per kWh, up 6.08 per cent compared to the current average electricity price of VND1,622.01 (US$0.07) per kWh, which worries the people and enterprises.
The Ministry of Industry and Trade (MoIT) has announced the offer price of Saigon Beer - Alcohol - Beverage Corporation (Sabeco)’s shares at VND320,000 (US$14.1) each for the auction on December 18, which was Sabeco’s closing price on November 28, 217.
The Ministry of Industry and Trade (MOIT) has submitted to the government a proposal to use a decree to amend several decrees, in order to rapidly reduce the number of business conditions that hinder business.
The Equitisation of PV Power, the second largest power producer in Vietnam, kicked into high gear after the Ministry of Industry and Trade (MOIT) presented its new equitization plan to the Government on November 8, 2017.
675 investment and business conditions are officially cut under the final decision on the eradication and simplification of investment and business conditions in the field of the state management of the Ministry of Industry and Trade (MoIT) in the 2017-2018 period signed and promulgated by Minister Tran Tuan Anh.
Currently, the Ministry of Industry and Trade (MoIT) is drastic in eradication of 600 business conditions (commonly known as sub-licenses) to create favorable conditions for enterprises.
It is expected that about 464 - 612 business conditions (or sub-licenses) will be cut down, equivalent to 38 – 50 per cent of the total business conditions of the Ministry of Industry and Trade in the near future.
