ministry of industry and trade

Update news ministry of industry and trade

Trade ministry to inspect five gold, gemstone firms in Hanoi

Vietnam's Ministry of Industry and Trade plans to conduct targeted inspections of five businesses trading in precious metals and gemstones in Hanoi as part of efforts to prevent and combat money laundering.

Vietnam says E10 fuel can be traced across entire supply chain

Authorities say E10 gasoline is subject to strict quality controls, with a nationwide traceability system designed to identify problems from production to retail.

Vietnam: More monitoring needed to assess E10 fuel benefits

Vietnam's Ministry of Industry and Trade says one month of nationwide E10 gasoline use is not enough to determine whether the biofuel has improved air quality, despite early signs of lower emissions.

Vietnam reports cleaner air after nearly 1 billion liters of E10 sold

Vietnam's nationwide transition to E10 gasoline has reached nearly one billion liters in sales, alongside signs of improved air quality and nearly 300 consumer feedback reports.

EVN calls for clearer rules before approving solar projects with battery storage

The utility argues that while battery storage raises investment costs, its effectiveness for large-scale solar projects remains insufficiently defined.

Vietnam fuel prices plunge from record highs as global oil markets ease

Fuel prices in Vietnam fell sharply again on June 18, extending a significant decline from record highs reached earlier this year as global oil market conditions improved.

MoIT tightens 'Made in Vietnam' criteria to combat trade fraud

The Ministry of Industry and Trade (MoIT) has submitted a draft decree to the Government to establish criteria for determining Vietnamese origin for goods sold in the domestic market, aiming to curb growing cases of origin-labeling fraud.

Vietnam assures E5 and E10 fuel quality amid nationwide rollout

Vietnam's Ministry of Industry and Trade says supplies of E5 and E10 biofuels are sufficient nationwide and that no significant technical problems linked to biofuel use have been recorded so far.

Industry ministry answers key questions about E10 gasoline and engine safety

Vietnam's Ministry of Industry and Trade answers key questions about E10 gasoline, including engine safety, fuel economy and vehicle compatibility.

Vietnam moves to address nearly $1.7 billion in EVN accumulated losses

A draft amendment to Vietnam’s Electricity Law could pave the way for the recovery of nearly VND45 trillion in losses accumulated by state utility EVN during the energy crisis years.

New Industry Minister faces twin pressures of energy security and export reform

On April 8, Le Manh Hung was approved by the National Assembly as Minister of Industry and Trade for the 2026-2031 term, stepping into a role defined by mounting pressure on both energy supply and the structure of Vietnam’s external trade.

Vietnam boosts fuel reserves to 26 days amid global volatility

Vietnam has increased its fuel reserves from 15 to approximately 26 days as part of efforts to enhance energy security amid global uncertainties, according to Le Manh Hung, Minister of Industry and Trade.

New directive aims to stabilize Vietnam’s fuel market

Authorities are rolling out coordinated measures to safeguard supply, control prices and respond to global fluctuations.

New directive aims to unlock 167 “frozen” solar and wind projects across Vietnam

After years of delays, the Ministry of Industry and Trade is pushing local authorities to accelerate reviews and legal resolutions for projects awaiting commercial approval.

Vietnam proposes new rooftop solar rules, expands surplus power sales

The Ministry of Industry and Trade has unveiled a draft decree that would allow households to sell up to 50% of their rooftop solar output, aiming to boost green energy adoption.

MoIT to roll out product traceability system on December 23

Built with a people- and business-centred approach, the system is designed to serve as a bridge between enterprises and consumers, helping strengthen market confidence.

Le Manh Hung appointed acting minister of industry and trade

Le Manh Hung, born in 1973, brings technical and political expertise to the country’s economic development apparatus.

Vietnam, EU review progress on sustainable energy transition cooperation

Deputy Minister of Industry and Trade Nguyen Hoang Long and EU Ambassador to Vietnam Julien Guerrier co-chaired the 4th meeting of the EU-Vietnam Sustainable Energy Transition Programme (SETP) Steering Committee in Hanoi on December 3.

New draft decree: Unregistered rooftop solar setups risk $400–$800 fines

Vietnam’s Ministry of Industry and Trade proposes stiff penalties for rooftop solar projects that bypass regulations or fail to report capacity details.

Minister warns: No delay in electricity pricing reform

New electricity pricing reforms aim to attract investment and ensure energy security in Vietnam’s power sector.