EVN still reports big loss in 2023 despite 2 electricity price increases
In a recent report sent to the Ministry of Industry and Trade, Vietnam Electricity Group (EVN) said it continues to face many difficulties and challenges in ensuring electricity supply and financial balance.
Despite the electricity price adjustment of 3% and 4.5%, EVN still had a loss in 2023. EVN still recorded an estimated loss of VND 17,000 billion, of which the parent company lost VND 24,595 billion.
Many goods and services must declare prices according to the new proposal.
The Ministry of Finance is seeking comments on the draft Decree detailing and implementing measures for a number of articles of the Law on Prices.
In the draft, the Ministry of Finance clearly proposes the types of goods and services for which prices must be declared. Accordingly, goods and services that must be declared include: goods and services on the price stabilization list; goods and services for which the State sets the price range, maximum price, minimum price for organizations and individuals to set specific prices for sale to consumers; goods and services for which enterprises decide on reference prices; cement, construction steel; coal; sugar including white sugar and refined sugar; salt...
'Giant' Vinafood 1 must divest all capital in 14 enterprises
Deputy Prime Minister Le Minh Khai has just signed a decision approving the restructuring project of the Northern Food Corporation (Vinafood 1) until the end of 2025.
The project aims to build Vinafood 1 into a strong enterprise, capable of competing domestically and internationally in processing, trading, and exporting Vietnamese food and agricultural products, and maintaining its position as one of the top three Vietnamese enterprises in the field of rice purchasing and exporting. Accordingly, this corporation will divest 100% of its capital contributions in 14 enterprises.
Prime Minister requests early cleaning of data on stock investors
Prime Minister Pham Minh Chinh has just signed an official dispatch to strengthen solutions to promote the stock market to develop safely, transparently, effectively and sustainably.
The Prime Minister requested to soon complete the review and cleaning of investor data; move towards reviewing and cleaning investor data at securities companies, contributing to improving the safety and transparency of the market. (See more)
Solar power cannot be included in Power Plan VIII because it is not known which projects are in violation.
The Ministry of Industry and Trade has just sent the Government a further report on the proposals in the draft plan to implement the Power Plan VIII. Regarding concentrated solar power, the report of the Ministry of Industry and Trade stated that the plan to implement the Power Plan VIII has not yet considered specific project progress.
The Ministry of Industry and Trade proposed that the Prime Minister approve the plan to implement the Power Plan VIII without including a list of concentrated solar power projects with investors. The reason is that the provinces do not have a firm commitment on the status of violations, investment efficiency... (See more)
Vietnamese watermelon has 'visa' for official export to China
During the State visit to Vietnam by General Secretary and President of China Xi Jinping from December 12-13, the Ministry of Agriculture and Rural Development and the General Administration of Customs of China signed a Protocol on phytosanitary requirements for fresh watermelon exported from Vietnam to China.
The signing of the above protocol is an important step in promoting the official export of traditional agricultural products of Vietnam and standardizing regulations on agricultural exports between the two countries.
Ministry of Finance proposes to strengthen inspection and examination of charity activities
The Ministry of Finance has just sent a document to provinces and centrally-run cities on strengthening the inspection of the mobilization, reception, distribution and use of voluntary contributions to support overcoming difficulties caused by natural disasters, epidemics, incidents; and supporting patients with serious illnesses.
According to the Ministry of Finance, there are still organizations and individuals taking advantage of humanitarian and charitable activities for personal gain, causing anxiety and insecurity in public opinion and affecting social order and safety in the area. (See more)
Using the Price Stabilization Fund in violation of regulations will be fined up to 150 million VND.
The Ministry of Finance has just completed a draft Decree regulating administrative sanctions for violations in the field of price management.
In this draft, the Ministry of Finance proposes a fine of 120-150 million VND for using the Price Stabilization Fund in violation of the law.
Nearly 150 gas stations in Hanoi have issued electronic invoices for each sale.
According to preliminary statistics as of November 30, 2023, there are more than 240 gasoline retail businesses in the area under the management of the Hanoi Tax Department with more than 450 stores and nearly 2,000 fuel pumps.
Currently, nearly 150 stores have applied and issued electronic invoices for each sale.
From December 11, tourists with passports can go through Bac Luan 2 border gate.
Bac Luan 2 border gate will allow visitors to use passports and border travel passbooks to pass through.
The People's Committee of Mong Cai City, Quang Ninh Province, said that from December 11, residents and tourists with passports and travel books will be allowed to clear customs through Bac Luan 2 border gate. Previously, this border gate only exported and imported goods.
As for Mong Cai International Border Gate, customs clearance time and passenger types remain unchanged. (See more)
Ministry of Industry and Trade assigns EVN to propose building new power lines, increasing electricity imports from Laos
The Ministry of Industry and Trade assigned EVN in December to propose the implementation of a new transmission line from Laos to Vietnam to call for investment to increase the capacity to import electricity from Laos.
That was the direction of Minister Nguyen Hong Dien at the Conference to promote coal trading cooperation between Vietnam and Laos held on December 9.
Minister of Industry and Trade requests to promote official exports to China
On December 9, the Ministry of Industry and Trade held a conference to promote economic and trade cooperation between the northern border provinces and China.
"All localities must effectively implement the Official Export Project developed by the Ministry of Industry and Trade and approved by the Government," the Minister of Industry and Trade emphasized. (See more)
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