As a coal importer, Vietnam will pay substantially more for energy source in coming years, according to recent analysis.
The Ministry of Industry and Trade and the Ministry of Finance decided to increase the retail price of RON 92 petrol by VND434 to a maximum of VND18,580 (US$0.82) per litre from 3:00pm on November 20.
The Ministry of Industry and Trade (MoIT) is drafting regulations on new retail prices for electricity, aiming to lower electricity prices for hotels in order to strengthen the tourism sector and hike prices for electricity-guzzling households in an effort to incentivise lower consumption.
Real estate inventories nationwide saw a reduction of over 16 percent as of November 20, from the same time last year, to an estimated value of over VND26 trillion (US$1.14 billion).
The Ministries of Industry and Trade, and Finance decided to increase the retail price of RON 92 petrol by VND271 to a maximum of VND18,146 (US$79.8 cents) per litre from 3pm of November 4.
As the number of pig breeding households continues to drop, a shortage of live pigs could result in high pork prices later this year, according to the Ministry of Agriculture and Rural Development (MARD).
Retail space for lease in Hanoi has recorded the best occupancy rate and rental prices in the last five years, according to Savills Vietnam.
Vietnam’s export value is likely to hit US$203 billion in 2017, a year-on-year rise of 14.5%, economists predict.
Enterprises providing transport services and construction materials planned to increase charges following an increase in fuel prices on the domestic market recently.
The market segment for offices and retail space for lease in Hanoi has seen stable rental prices for grade A and B office buildings in the third quarter of the year, according to the CB Richard Ellis Vietnam(CBRE)- the world’s largest commercial real estate services and investment terms.
Vietnam exported more than 4.5 million tonnes of rice in the first nine months of this year for US$2 billion, up 19.6% in volume and 18% in value year on year, but its dependance on the Chinese market brings latent risks.
Museums in Ho Chi Minh City may see their ticket prices soar by up to 20 times, starting 2018, as operators find ways to raise more funds for their operations.
Gold prices slumped in the Vietnamese market on September 12 morning. On the Hanoi market, selling price of one tael, or 1.205 ounces, of State-owned SJC’s gold declined by VND190,000 (US$8.3) to US$36.75 million.
From early 2017, nearly 100 Grab and Uber drivers have been financially penalized for nearly VND350 million (15,400) due to lack of listed identification information, such as name and phone number of the companies.
The domestic retail price of RON 92 petrol increased by VND461 to trade at a maximum of VND17,486 (US$77 cents) per litre, as of 3pm on August 19.
The ministries of industry and trade and finance decided to raise retail petrol prices as from 3 p.m on August 4.
Increasing exports helped Vietnam obtain its most successful lychee crop in 2017, with the highest prices in six decades, heard a conference on August 2 in northern Bac Giang Province, the country’s lychee farming hub.
Vietnam’s consumer price index (CPI) in July rose again by 0.11%, following the rebound of food prices, according to the General Statistics Office (GSO).
The Government has assigned the Ministry of Industry and Trade (MoIT) to build a development roadmap for a competitive coal market as there are new coal suppliers.
The ministries of industry and trade and finance decided to raise retail petrol prices as of 3 p.m on July 20.