MoIT denies proposing price stabilisation fund for steel

MoIT denies proposing price stabilisation fund for steel

The Ministry of Industry and Trade (MoIT) has denied rumours that it proposed the establishment of a State stabilisation fund to cope with the sudden increase in steel prices that has impacted many businesses.
In order to limit the increase of petrol price, the two ministries have spent much of the Price Stabilization Fund on different fuel types. (Photo: SGGP)

RON 95 petrol price exceeds VND18,000 a liter

Retail petrol prices rose from 3pm on February 25 following the latest review by the Ministry of Industry and Trade and the Ministry of Finance. Accordingly, the prices of RON 95 petrol and E5 RON 92 are now over VND18,000 and VND17,000 a liter, respectively.
The 500kV substation and 220/500kV transmission line combined with Trung Nam Thuan Nam solar power plant in Ninh Thuan province. (Photo courtesy of Trung Nam)

Ministry seeks ideas for national energy master plan

The Ministry of Industry and Trade (MoIT) is collecting opinions on the draft National Energy Master Plan for 2021-2030 with a vision to 2050 to ensure national energy security.
At the launching ceremony for the logo and slogan design contest (Photo: VTV)

Logo & slogan design contest launched to promote power saving

The Ministry of Industry and Trade, in collaboration with the Vietnam Electricity (EVN), the World Bank, and the Vietnam Fine Arts Association, on October 28 launched a logo and slogan design contest to encourage people to cultivate power-saving habit.
Some cashback websites may be operating on pyramid schemes

Online pyramid schemes on the rise

Many cashback websites and smartphone apps dealing with virtual currencies are showing signs of illegal pyramid schemes and fraud, warned the Department of Competition and Consumer Protection under Ministry of Industry and Trade.
Vietnam has 42,187 rooftop solar power projects

Vietnam has 42,187 rooftop solar power projects

According to the Vietnam Electricity (EVN), around 42,187 rooftop solar power projects have been put into operation so far with a total capacity of 925.8MWp.