04:15 PM @ 31/01/2024
The Ministry of Industry and Trade’s (MOIT) proposal to raise retail electricity prices in 2024 comes amid difficulties faced by Electricity of Vietnam (EVN) and its loss of VND17 trillion last year.
MOIT, at the Steering Committee on Price Management, proposed adjustment of electricity retail prices in 2024, so that prices can cover production costs and all expenses, thus helping EVN have enough resources to make payments to power plant owners.SEE MORE02:49 PM @ 31/01/2024
The USD/VND exchange rate has seen notable developments in the first month of 2024 when it increased significantly in both official and free markets.SEE MORE02:19 PM @ 31/01/2024
2024 is widely considered to be a pivotal year for Vietnamese economic recovery, with insiders believing that there are bright prospects ahead.SEE MORE11:18 PM @ 30/01/2024
Saudi state-owned oil and gas company Saudi Aramco announced on Tuesday it would maintain oil production capacity at 12 million barrels per day and will not increase it to a planned 13 million.SEE MORE11:09 PM @ 30/01/2024
The Russian economy is doing better with respect to growth than the International Monetary Fund had previously forecast, IMF Chief Economist Pierre-Olivier Gourinchas said ahead of the release of the IMF's updated World Economic Outlook.SEE MORE
