December 19, 2011
File photo dated last year shows a man putting gold into a molding machine at the Sacombank gold bar factory in Ho Chi Minh City . All gold bar producers, except SJC, are expected to completely stop bullion production. Huge losses and unemployment for hundreds of workers loom as gold bullion producers prepare to [...]
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December 5, 2011
Five private airlines have been licensed in Vietnam since 2007, but each of them is struggling to take off, with one having already crash-landed. Air Mekong operates flights while VietJet Air is expected to commence services late this December after many delays. But the others are finding it hard to launch or, in the [...]
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August 2, 2011
A man prepares to deliver a generator to a customer in front of an electrical appliances shop in downtown Hanoi on Monday. In energy-hungry Vietnam’s big cities, businesses and families often use generators to deal with power shortages in the hot summer months. State utility Electricity of Vietnam will continue to control a majority [...]
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April 25, 2011
New power pricing rule only a first step in market liberalization, analysts feel An electrician installs meters on an electrical pole in downtown Hanoi. Vietnam raised electricity rates by about 15 percent in March. A new rule that allows electricity prices to be changed several times a year can spur investment and help ease [...]
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February 3, 2010
VietNamNet Bridge – Deputy Prime Minister Nguyen Thien Nhan is among top ten techies named as the most outstanding ICT persons of the decade. Deputy Minister of Information and Communications Nguyen Minh Hong presents insignias to the top ten ICT persons of the decade. 1. Dr. Mai Liem Truc: Former chief of the General Department of [...]
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January 23, 2010
Facing the common opponent in the “electric pole war”, the two rivals in the telecommunication market – VNPT and Viettel – suddenly become friends and plan to build electric poles together. The situation EVN, VNPT and Viettel are state-owned groups and the money shifting from this pocket to that is all State money. Their quarrel over [...]
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January 15, 2010
Barges used to transport coal dock at Viet Tri Port. Cement companies have filed complaints against the state-owned coal monopoly, saying it is earning undue profits by charging much higher transportation fees than warranted. Nguyen Van Kien, board chairman of Cement X18 Factory in the northern province of Lang Son, told Thanh Nien that fees [...]
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January 2, 2010
State-owned Electricity of Vietnam is seeking government approval to raise power prices by up to 13.8 percent from last year following a massive price hike proposal by coal monopoly Vinacomin. In a recent proposal submitted to the Finance Ministry and the Ministry of Industry and Trade, power monopoly EVN wanted to raise retail prices by [...]
Tags: Coal Prices, Government, monopoly, New Coal, New Coal Prices, percent, power, Power Monopoly, Power Prices, prices, Proposal, Vietnam, Vinacomin
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December 26, 2009
State-owned Vietnam National Coal-Mineral Industries Group is seeking government consent to raise coal prices supplied to Electricity of Vietnam by as much as 149 percent next year. Although the newly proposed prices are still 10 percent lower than export prices, experts said the hikes would come as a shock to power monopoly EVN.If the government [...]
Tags: Coal Monopoly, Coal Prices, monopoly, Next Year, percent, Percent Next Year, power, prices, The new, Vietnam
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December 17, 2009
VietNamNet Bridge – A safeguards investigation of float glass imports has sparked a debate between the two domestic makers which propose tariff ‘safeguards’ and 100 importers. Are imports threatening domestic production? Vietnam’s two big makers of float glass (the flat glass that’s used in windows) think they’re in danger of being put out of business by [...]
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