Price HikeSyndicate Price Hike

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.

Transporters raise charges on higher fuel costs

Transporters raise charges on higher fuel costs

HCMC – A large number of HCMC-based goods and passenger transport firms are preparing to increase their charges following the shocking fuel price hike on Wednesday.

Fuels mark up 10%

Fuels mark up 10%

HCMC – Petrol and oil on Wednesday considerably marked up VND2,100 and VND600-2,000 per liter respectively, stunning consumers and enterprises despite a new price hike has been foreseen.

Inflated food prices due to weak supply chain

HCMC – Recent price volatility in commodities is the result of price-hike rumors and serious flaws in the supply chain, according to expert Tran Nguyen Nam

Milk market marks new price hike

Milk market marks new price hike

HANOI – Local dairy products on the local market entered another price hike a few days ago when owners of many stores adjusted their prices up by 5-7%.

Reasons shown for fertilizer price hike

HCMC – The surge in fertilizer prices last year prompted a heated debate in local media but that was a trend in the last few years. On average, the retail price of Dam Phu My urea rose 40% last year, SA fertilizer 36%, DAP 37.5%, and NPK 29% versus 2010.

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.

For locals, foreign trips cheaper than Vietnam tours

For locals, foreign trips cheaper than Vietnam tours

Domestic tours are now more expensive than some foreign ones as local airfares have been increased by 20%

VNAT proposes Halong Bay ticket price rise freeze

HCMC – Local tourism authorities have called for the northern province of Quang Ninh to postpone their anticipated 50%-100% ticket price increase for tourists visiting Halong Bay.

Abbot’s powdered milk price increases 9%

Abbot’s powdered milk price increases 9%

HCMC – Prices of all imported powdered milk products of Abbott have risen by 9% since on Monday, starting a new price race among brands in the local market, said the exclusive importer and distributor of Abbott.

From Industries

Major equipment agreement for thermoelectricity plant signed

HN -- An agreement for that design and offer of apparatus and technological services for that Thai Binh 2 Thermoelectricity Plant Project was signed in Ha Noi yesterday.Anything, more vital than US$826 million, was signed between your PetroVietnam Construction Joint Stock Corporation (PVC) and also the Sojitz-Daelim companies (SDC).Speaking in the signing ceremony, general director from the PVC Vu Duc Thuan stated anything incorporated equipment supply along with a detailed design for that turbine and

New plant makes energy converters

HCM CITY — A electronic energy ripper tools factory that includes alternative energy design features was inaugurated within the southern province of Binh Duong yesterday.Situated within the province's My Phuoc Industrial Park No 3, the 11,600 sq.m factory has manufacturing, putting together, engineering and testing facilities in addition to administrative offices from the XP Energy Viet Nam Co Ltd.It had been shipped on the turnkey basis by Singapore-based Boustead Projects Pte Ltd, a wholly possessed