September 7, 2009
VietNamNet Bridge – Last week was marked by the considerable price increases of many products and services. The gas price increased by 18,000 dong per 12-kilo tank on September 1. As such, the retail price has surged to 268,000 dong per Shell Gas tank, to 245,000 dong per Total Gas tank and 247,000 dong per [...]
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June 15, 2009
VietNamNet Bridge – Immediately after the petrol price was raised by 1,000 dong per litre on June 11, the suppliers of many commodities and services raised sale prices and service fees. One day after the petrol price increases, dairy product sellers raised sale prices by several thousand dong per milk carton. The food shop on [...]
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May 28, 2009
Businesses always complain about difficulties and ask for support from the government. However, after they get the government’s support, they never think of slashing sale prices to assist consumers, one expert says. Automobile manufacturers have called for luxury tax decreasesMore and more industries and businesses are beseeching the government for assistance. Not only small- and [...]
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May 18, 2009
Gold prices top VND20 million mark; PetroVietnam gets government green light for gas price hike; HCMC people want income tax law delayed until 2010; PM asked to okay $292 mln loan for new urban area; Saigon Co-op celebrates its 20th anniversary Gold prices top VND20 million mark Gold prices on Saturday climbed to VND20.12 million (US$1,177) [...]
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May 16, 2009
Vietnam Oil and Gas Group, or PetroVietnam (PVN), has received the government’s approval to raise the price at which it sells gas to power plants to counter a slowdown in its earnings caused by higher maintenance costs. With effect from June 1, PVN said it would increase its gas price from US$2 to $2.80 per [...]
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May 13, 2009
LookAtVietnam – The Ministry of Industry and Trade has agreed in principle a proposal by PetroVietnam to raise the price of gas next month, which once gets the stamp of approval from the Government will likely trigger a rise in electricity tariff. If gas reaches US$3.55 per million BTU next year, electricity plants will pay [...]
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February 13, 2009
While the government has been making every effort to fight against economic downturn and force commodity prices down, the prices of many essential commodities are likely to increase. People are now worried that the prices of dairy products will increase further. They increased many times in 2007 and 2008, and people have recently heard that [...]
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