January 28, 2010
LookAtVietnam – MOIT has submitted to the Prime Minister suggested plans to raise the electricity price by 4.9 percent. Deputy Minister of Industry and Trade Bui Xuan KhuHere MOIT’s deputy minister Bui Xuan Khu explains the reasoning. VietNamNet: Could you please tell us more about suggested plans by MOIT regarding the electricity price in 2010? Bui Xuan [...]
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January 12, 2010
LookAtVietnam – The Electricity of Vietnam (EVN) has submitted four options for electricity price increases. Under the options proposed by EVN, there are four scenarios for electricity price increase in 2010 which would occur depending on the coal price increases set by the Vietnam Coal and Mineral Industries Group (Vinacomin).In Option 1, if the coal [...]
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January 10, 2010
Glass products being produced at the Viglacera Float Glass Co in Binh Duong Province.LookAtVietnam – Domestic glass and steel producers have warned that the increase in the price of mazut oil will raise production costs, forcing them to put prices up. The Viet Nam National Petroleum Corporation (Petrolimex) decided to raise the price of mazut [...]
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December 24, 2009
LookAtVietnam – Goods market are witnessing a new wave of price increases with 80 percent of producers and suppliers announcing cost increases. The information was released by deputy director of the Hanoi Industrial and Commercial Department Nguyen Thi Nhu Mai on December 23. Mai said the biggest price increases have been seen in food prices. Heavy [...]
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December 15, 2009
LookAtVietnam – Confectionary, drinks, food, and the traditional snacks which appear at Tet Lunar New Year parties in Vietnam have all seen a sharp price increase. The dollar exchange price increase, higher costs for petrol and oil and the policies regarding imports’ restriction have all been cited as explainations for price increases. That explains why [...]
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December 7, 2009
LookAtVietnam – Domestic dairy producers have raised prices in response to higher material prices. Foreign dairy products are expected to follow the move soon. Mai Ly from HCM City said that she immediately used her November salary to buy four Gain brand milk powder boxes, because she heard that dairy prices would increase. Domestic dairy producers [...]
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December 4, 2009
LookAtVietnam – The rice price has been escalating, prompting stockpiling and triggering rumors that events could mirror the rice price fever that took place in early 2008. Deputy Minister of Industry and Trade Nguyen Thanh Bien As a reaction deputy minister of industry and trade Nguyen Thanh Bien has reassured the public that Vietnam does [...]
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December 2, 2009
LookAtVietnam – The unexpected decision by Toyota Vietnam to raise car sale prices by 16-46 million dong has angered customers. T, a salesman at Toyota Showroom on Lang Ha Road in Hanoi, said he has suffered a number of complaints. Customers are complaining that despite already making payments for cars, when they went to the showroom [...]
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December 1, 2009
VietNamNet Bridge – The rice price in Mekong Delta has increased continuously over the last two weeks. In early November, high quality unhusked rice was traded at 4,800-5,000 dong per kilo. The price increased by 200 dong per kilo on November 10 to 5,200 dong per kilo, and then to 5,350 dong. The price reached [...]
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November 27, 2009
LookAtVietnam – Fertilizer prices have been increasing continuously over the last two weeks – good news for suppliers but bad news for farmers. In Hanoi, fertilizers urea and DAP are on the increase. Ureas is now selling at 6,200 dong per kilo, while DAP prices have also increased by 100-200 dong per kilo to 6,800-10,000 [...]
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