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EVN wants more power price hikes

EVN wants more power price hikes

HCMC – Vietnam Electricity (EVN) is going to seek the Government’s approval for two more power price hikes from now to the year’s end with the increase level of 5% each, said deputy general director Nguyen Tan Loc of the state utility.

No power price hikes before Tet: EVN

No power price hikes before Tet: EVN

There will be no hike in electricity prices until Tet (Lunar New Year) late next month, Dinh Quang Tri, deputy general director of EVN, has assured

EVN urged to cut costs, divest non-core investments

EVN urged to cut costs, divest non-core investments

Vietnam Electricity Group (EVN) should seek ways to reduce power production costs, rather than repeatedly hiking prices: experts

Market retreats on power price hike

HCMC – The stock market eased off its two-day rally on Tuesday after Vietnam Electricity (EVN) announced a retail power price hike, with the VN-Index dipping 1.73 points, or 0.47%, against the previous session to close at 365.67.

Power price rise of VND1,304 effective on Tuesday

HCMC – Vietnam Electricity Group (EVN) has announced to raise the power price to an average VND1,304 from VND1,242, excluding value-added tax, from Tuesday.

EVN to raise power prices by 5 pct

EVN to raise power prices by 5 pct

The industry ministry has green-lighted the Electricity of Vietnam Group’s proposal to raise power prices by 5% as of tomorrow

Price management of key goods in line with market

Price management of key goods in line with market

Finance Minister Vuong Dinh Hue yesterday answered National Assembly deputy questions focused on price management and business performance of State-owned enterprises.

Power tariffs set to spike next year

HCMC – The power price could be adjusted up by 4.6% next year to around VND1,242 per kilowatt hour, said Minister of Finance Vuong Dinh Hue.

Electricity rate hike put on hold

Electricity rate hike put on hold

Electricity rates will remain unchanged this month, Deputy Prime Minister Hoang Trung Hai said in an interview with local press on Monday.

Power prices to be adjusted quarterly

Power prices to be adjusted quarterly

Power prices will be adjusted every quarter instead of every year, beginning September 1, according to a new circular issued by the Ministry of Industry and Trade.

From Business

Firms advised to focus on TPP

HN — Domestic businesses should positively build plans and methods to grow marketplaces in nations joining the Trans-Off-shore Partnership (TPP) Agreement.Ngo Chung Khanh, deputy director from the Secretary of state for Industry and Trade's Multilateral Trade Policy Department, made the suggestion in a conference in Ha Noi yesterday.The TPP pact, also called the Trans-Off-shore Proper Economic Partnership Agreement, is really a multilateral free trade deal that aims to help liberalise the financial systems

Blue chips lead share plunge

HN – Blue nick declines ongoing to tug shares lower around the HCM City Stock Market today.As much as 80 percent from the top 30 shares by market capitalisation and liquidity sank, which the 2nd biggest share PV Gas, HCM City Infrastructure Investment (CII), Sea Group (OGC) and Sacombank Investments (SBS) fell through the daily limit of 5 percent.Only mixer Masan Group (MSN), property developer Quoc Cuong Gia Lai (OQC) and Song Da Urban & Industrial Zone Investment and Development (SJS) bucked the