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Update news power price hike
The Ministry of Industry and Trade issued a press release last night rejecting news on social media that 100% of local residents were happy with its move to increase electricity prices.
National Assembly deputies on Thursday agreed policies need to be introduced to improve the business environment to facilitate household enterprises.
Low-income earners have been the most hard-hit by the recent energy price hikes.
Electricity prices will go up 7.5 percent to an average of VND1,622.05 per kWh from March 16.