The retail prices of oil and petrol will be kept unchanged for the next 15 days, the ministries of Finance and Industry and Trade announced on January 16.
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.
Milk brands in Vietnam are pouring millions of dollars into promotional campaigns and the development of new products to secure their foothold in the increasingly competitive market.
VOV.VN -Vietnam cattle feeders spent millions of US dollars importing 311,523 head of Australian young beef calves last year— betting that retail prices for beef on the supermarket shelves had nowhere to go but up.
Automobile manufacturers and importers in Vietnam have protested a new proposal from the Ministry of Finance which seeks to change how luxury tax on cars is calculated.
The Vietnam National Petroleum Group (Petrolimex) reduced the retail prices for a number of fuel types on 11:00 on November 7.
The Ministry of Industry and Trade (MOIT) has quashed rumours that Vietnam is running short of petrol for domestic use and said any hoard of this product will be strictly dealt with by relevant agencies.