price storm

Update news price storm

Struggling businesses sell to foreign investors

The sharp increases in material prices in H1 and the small support packages to businesses have put pressure on companies.

Transport Ministry proposes fee reduction for different modes of transportation

Minister of Transport Nguyen Van The has issued a document suggesting the Ministry of Finance consider the adjustment of transport fees and charges from now until the end of 2022 due to the fuel price increment and impact of past Covid waves.

VN businesses hit by ‘price storm’

Many business fields have been witnessing a rapid recovery after the Covid-19 outbreak. However, difficulties are ahead as they lack capital and petrol prices are escalating.

After pandemic, businesses hit by price storm

The Ho Chi Minh City Textile, Embroidery and Knitting Association says that about 60% of raw materials for textile production are imported, and the price of raw materials has increased by 30-50%.