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Update news MoIT
VietNamNet Bridge - Many large construction projects have resumed work, while coal prices have decreased, helping to cut production costs. Cement manufacturers see great opportunities to revive their business..
Figures about electricity access cited by Electricity of Vietnam (EVN) and the World Bank (WB) show different pictures. According to WB’s Doing Business 2014 report, Vietnam’s electricity-access index ranks 135th out of 189 surveyed countries.
VietNamNet Bridge – The rice export market has bounced back thanks to higher demand from importers, especially from China, which has made large orders.
VietNamNet Bridge – The competition among fast-food brands in Vietnam has become fierce as they now have to struggle on the internet.
VietNamNet Bridge – With the strong development of the internet, 3G and smart device users, Vietnam’s e-commerce is expected to enter a boom period in 2015 with projected turnover of $4 billion.
VietNamNet Bridge – In reply to a statement by MOIT about the weak sugar industry, the Vietnam Sugar Cane and Sugar Association has published a 4,500-word document, rejecting the viewpoints expressed by the ministry.
VietNamNet Bridge – Deputy Prime Minister Hoang Trung Hai has asked the Ministry of Industry and Trade (MoIT) to promptly submit a proposal to adjust the price of electricity by the end of February this year.
VietNamNet Bridge – The last hope for the automobile development strategy is gone: the Chu Lai – Truong Hai automobile engine project has had its license revoked.
VietNamNet Bridge – Minister of Industry and Trade Vu Huy Hoang said that 97 percent of the total goods in the market are distributed by Vietnamese businesses, while foreign retailers hold only 3 percent.
Ministries could not reach an agreement on retail petrol prices and import tariffs. They considered two options: raise the import tariff and cut the petrol retail price, or leave the import tariff unchanged and cut petrol prices sharply.
VietNamNet Bridge – The Ministry of Industry and Trade (MOIT) is considering a higher import tax on luxury cars and new tax incentives on priority products.
VietNamNet Bridge – Officials who passed the entry test to work in the Competition Administration Department under the Ministry of Industry and Trade (MoIT) in 2013 may be fired for cheating on the test.
VietNamNet Bridge –The Ministry of Industry and Trade issued Circular No. 41/2014/TT-BCT on bases and procedures for determining that a foreign employee internally transferring within an enterprise belonging to one of eleven services
VietNamNet Bridge – The Ministry of Transport has said it would enforce stricter measures to stop overweight cargo shipments, such as temporarily shutting ports and firing directors who violated the MOT's weight regulations.
VietNamNet Bridge – The country had a trade surplus of US$1.46 billion by July 15, according to statistics from the General Department of Customs.
VietNamNet Bridge – Bio-fuel will be sold in all cities and provinces of Viet Nam next year, though it has been difficult meeting the government's schedule, said a Ministry of Industry and Trade (MoIT) official.
The Ministry of Industry and Trade (MOIT), in the document answering Quang Nam people’s question about the responsibility of hydropower plants, said it is unreasonable to claim for the damages caused by the floods.
VietNamNet Bridge – A series of substandard hydroelectricity projects are facing the chop.
VietNamNet Bridge – The Prime Minister has asked the Ministry of Industry and Trade to re-consider the development plans of hydro-power projects No 6 and 6A and others along the Dong Nai River.
Petroleum enterprises have launched a new campaign to ask for the right to determine the retail petrol prices themselves, saying that the market rules need to be applied in a market economy.