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Update news competitive market
Not much work has been done to prepare for the opening of the competitive retail market, slated for 2021. Under the PM Decision released in October 2013, the competitive electricity market will take shape in a 3-stage roadmap.
Whether Vietnam has a competitive power market remains a controversial question. The Central Institute of Economic Management (CIEM) believes that the current market must not be competitive as Electricity of Vietnam (EVN) still holds the monopoly.
Nguyen Dinh Cung, president of the Central Institute for Economic Management, talked to local reporters about the transfers of operation rights to airports and seaports on the sidelines of the institute’s recent workshop in Hanoi.
Cosmetics manufacturers are expected to import products to sell in the domestic market instead of producing goods in factories in Vietnam, as import tariff barriers will be removed next year.
Ninety percent of businesses have used emails in their daily works to date, 15 years after the day the Internet was available in Vietnam. However, 46 percent of businesses don’t know why they should use emails.