Vietnam's Ministry of Industry and Trade has proposed taking over the state's ownership oversight of national power utility EVN as the country races to expand electricity supply through 2030.

Minister of Industry and Trade Le Manh Hung held a working session with Andrey Slepnev, Minister in charge of Trade of the Eurasian Economic Commission (EEC), on September 9.

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.

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

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'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.

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

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.

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'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.

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

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.

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 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.

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

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.

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.

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