Ministry of Industry and Trade proposes that many ministries and branches jointly manage electricity prices.
In the report sent to the Government on the draft amendment to Decision 24/2017 on the structure of adjusting average retail electricity prices for which the Ministry of Industry and Trade sought comments, in addition to the Ministry of Finance, the Ministry of Industry and Trade proposed that relevant ministries and branches coordinate in managing and statistically assessing the impact of adjusting electricity prices.
Accordingly, the Ministry of Industry and Trade is the agency in charge of inspection and review. The Ministry of Finance is responsible for coordination in terms of being the State price management agency.
Specifically, the Ministry of Industry and Trade is still responsible to the Government for state management of electricity and electricity use, including electricity prices. This Ministry will be the agency guiding the Vietnam Electricity Group (EVN) to calculate the average electricity price, adjust electricity prices, and preside over inspection and supervision.
The Ministry of Industry and Trade also proposed adding the responsibility of the General Statistics Office in assessing the impact of electricity price adjustments on the macro economy.
Tighten tax management on gold trading
In response to recent hot developments in the gold market, the General Department of Taxation has issued an official dispatch on strengthening tax management of gold, silver and precious stone trading activities.
Through inspection and examination, if organizations and individuals trading in gold, silver and precious stones are found to have violated tax laws and show signs of crime, the case will be transferred to the police for investigation and handling in accordance with the provisions of law. (See more)
Ministry of Industry and Trade proposes importing wind power from Laos
The Ministry of Industry and Trade has just proposed to the Prime Minister the policy of importing electricity and the plan to connect the Truong Son wind power plant from Laos to Vietnam.
Tuoi Tre Newspaper reported that the Ministry of Industry and Trade believes that importing electricity from the Truong Son wind power plant to the Northern region is necessary, contributing to supplementing the power source to enhance the ability to ensure electricity supply, reducing the risk of power shortage for the North in 2025 and the following years.
The investor of the Truong Son wind power project has sent a proposal to sell electricity to EVN, with the ceiling price for importing electricity from Laos to Vietnam for the type of wind power plant operating commercially before December 31, 2025 being 6.95 cents/kWh.
Making money online, Facebook collapse is no different than a 'market' suddenly closing
On the evening of March 5 (Vietnam time), users of the world's largest social network suddenly encountered a problem with their Facebook accounts being logged out and unable to log back in.
Along with that, Instagram accounts also cannot load new content, and Threads shows an error message asking to access again.
For those who use social media for entertainment, the Facebook crash does not have much impact. However, for those who make money on this platform, Facebook crashing is no different from a market suddenly closing. (See more)
Mr. Duc earned thousands of billions after 2 months
Bau Duc's business has just recorded a revenue of thousands of billions of VND in the first two months of the year and expects durian to bring in a large source of money in the second half of this year.
Hoang Anh Gia Lai Joint Stock Company (stock code: HAG) forecasts that revenue may increase dramatically in the third and fourth quarters when the company officially exploits a part of the durian area. Specifically, durian grown in Vietnam (main crop) will have revenue in August and September and in Laos (off-season crop) will have revenue in October and December. (See more)
Electricity bills increase due to change in recording date, are millions of customers worried about losses?
The electricity bills of millions of customers in Hanoi have increased because from February 29, EVN Hanoi changed the meter reading date to the end of the month. Therefore, in this electricity bill announcement, the number of days for calculating electricity bills is nearly 2 months, instead of just 1 month as usual.
However, EVNHANOI representative confirmed that people do not have to pay according to the highest level due to the change in the meter reading date. (See more)
Stocks are congested, investors cannot trade
After many days of strong price increases and the VN-Index reaching 1,270 points, the stock market on March 6 was under strong selling pressure. The VN-Index fluctuated above the reference level throughout the first half of the morning session on March 6 and then decreased.
Most bank stocks, “Vin” stocks of billionaire Pham Nhat Vuong, HPG of billionaire Tran Dinh Long decreased in price during the trading session in which HOSE was unstable and lost connection with securities companies. (See more)
Credit growth in the first two months of the year decreased, Prime Minister gave 'hot' instructions
Prime Minister Pham Minh Chinh has just signed Official Dispatch No. 18/CD-TTg dated March 5 on credit growth management in 2024.
In particular, the Prime Minister requested to immediately implement management solutions to continue reducing lending interest rates in conjunction with enhancing access to credit capital to support people and businesses in developing production and business, ensuring adequate supply of credit capital and healthy foreign currency, with focus and key points, serving and meeting the capital needs of the economy and ensuring the safety of the credit institution system. (See more)
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