The Ministry of Industry and Trade has temporarily suspended the use of kerosene in the calculation of fuel base price until April 28, according to the ministry’s Decision 571, dated March 28.
Vietnam spent around US$8.12 billion importing 7.89 million tons of fuel between January and November, up 23.9% in volume and 119.6% in value versus the year-ago period, according to the General Department of Vietnam Customs.
Japan’s Electric Power Development Co (J-Power) has inked a memorandum of understanding (MoU) with Vietnam Forestry Corporation (Vinafor) to jointly explore opportunities for biomass business in the Southeast Asian country.
The Ministry of Natural Resources and Environment (MoNRE) has urged relevant agencies to quickly complete the report on the implementation of the roadmap to apply emission standards to motor vehicles.