Update news monopoly

Economists propose monopoly removal on gold imports

Removing the state monopoly in gold imports and the use of the SJC brand will help narrow the gold price gap between Vietnam and the world, economists say.

Vietnam draws up roadmap to eliminate monopoly in power sector

A solution for the power industry has been put into discussion: selling entire power plants to investors after they are put into operation.

No monopoly in stainless steel market: Trade Ministry

The anti-dumping duties imposed on stainless steel has not created a monopoly in the market, said the Ministry of Industry and Trade (MoIT).


Education Ministry’s plan to terminate textbook compilation monopoly raises doubts

Experts do not believe that the monopoly in textbook compilation will end, though the Minister of Education and Training Phung Xuan Nha vowed to terminate the monopoly by holding auctions to find compilers.

Cinema complexes expand, market still large enough for newcomers

VietNamNet Bridge - The cinema market was estimated to have modest value of $6 million in 2008, but the figure soared by 10 times in 2013 and exceeded the $100 million threshold in 2015, according to CGV.

Should Vietnam take drastic measures to eliminate monopolies?

VietNamNet Bridge - The telecommunication fee in Vietnam has been decreasing sharply thanks to the policy on eliminating the monopoly in the telecom sector. However, monopolies still exist in other business fields.

Competitive electricity market? It’s still far away

If Electricity of Vietnam’s (EVN) exclusive role cannot be removed, private businesses will not be able to join the electricity market.

EVN attempts to retain monopoly in electricity market

VietNamNet Bridge - International consultants have said that Electricity of Vietnam (EVN) should no longer be the only electricity wholesale buyer by 2019. However, EVN wants to extend the deadline.

State - enterprise relations and industrial growth in Vietnam

 VietNamNet Bridge - Industrial development of Vietnam has been a success but it has been proceeding at a slower level in recent years.

Monopoly brings profit to state owned conglomerates

 VietNamNet Bridge – The profits made by the state owned conglomerates operating in the key business fields are believed to be undeserving to the huge capital and power given to them.

SBV trades non-SJC gold, commercial banks make fat profit

The fact that the State Bank trades non-SJC bullion gold as per the newly issued Circular No. 06 has helped commercial banks make fat profits.

Vietnam bars its door to foreign ships, monopoly may return

The Ministry of Transport has decided that from January 1, 2013, Vietnam will not renew the container transport licenses and will not grant new licenses to the ships which do not bear Vietnamese flags.