MoIT drafts mechanism to adjust average retail power price

MoIT drafts mechanism to adjust average retail power price

The Ministry of Industry and Trade (MoIT) is drafting a Prime Minister's Decision on the mechanism for adjusting the average retail electricity price.
Vietnam to cut gas power capacity in electricity development plan

Vietnam to cut gas power capacity in electricity development plan

The Ministry of Industry and Trade (MoIT) has been told to finalise the National Power Development Plan VIII (PDP VIII) for 2021-2030 with a vision to 2045, focusing on reducing coal power plants.
Ample opportunities for Vietnamese businesses in trade

Ample opportunities for Vietnamese businesses in trade

The Ministry of Industry and Trade (MoIT) will be held a trade connection programme from May 20 to 22 in Hanoi to promote the trade activities of local businesses.
Trade promotion 2022 on the horizon

Trade promotion 2022 on the horizon

The programme connecting suppliers in the northern and north-central regions with export enterprises will take place from May 20 to 22 in Hanoi.
Vietnam National Trade Repository to make debut

Vietnam National Trade Repository to make debut

The Vietnam National Trade Repository (VNTR) has been completed and is set to make its debut on March 30, according to the Ministry of Industry and Trade (MoIT).
Ministry orders review of wind, solar, hydropower projects

Ministry orders review of wind, solar, hydropower projects

The Ministry of Industry and Trade (MoIT) has asked provinces and centrally-run cities to review wind, solar and hydropower projects included in the national planning scheme for electricity development for 2011-2020 with a vision towards 2030.
Taxes and fees to be cut to curb petrol prices

Taxes and fees to be cut to curb petrol prices

Vietnam will need to cut taxes and fees, in addition to using the petroleum price stabilisation fund if petrol prices keep rising, said a leader from the Ministry of Industry and Trade (MoIT).
Ministry to help local firms to join FDI multinationals’ supply chains

Ministry to help local firms to join FDI multinationals’ supply chains

The Ministry of Industry and Trade (MoIT) has said this year it will closely coordinate with several foreign multinationals like Samsung and Toyota to connect with local suppliers of materials and accessories, in an effort to seek alternative supply for imports in both short and long terms.
Inconsistencies deter power plan feasibility

Inconsistencies deter power plan feasibility

The Ministry of Planning and Investment has pointed out a series of limitations within the newest draft of the National Power Development Plan VII, asking the Ministry of Industry and Trade to supplement missing content and adjust existing calculations.
Netherlands - Gateway for Vietnamese goods to enter EU

Netherlands - Gateway for Vietnamese goods to enter EU

The Netherlands, one of the leading partners of Vietnam in the EU, is a gateway for Vietnamese goods to enter the EU market, experts have said.
Vietnam has substantial potential for offshore wind power: report

Vietnam has substantial potential for offshore wind power: report

Vietnam’s offshore wind power has technical potential of about 160 GW, according to a national report on maritime and insular environment for 2016-2020.
MoIT denies proposing price stabilisation fund for steel

MoIT denies proposing price stabilisation fund for steel

The Ministry of Industry and Trade (MoIT) has denied rumours that it proposed the establishment of a State stabilisation fund to cope with the sudden increase in steel prices that has impacted many businesses.
Ministry wants to support domestic steel market

Ministry wants to support domestic steel market

The Ministry of Industry and Trade has proposed the Government consider policies to tighten exports of steel products to stabilise the domestic market amid soaring steel prices in recent months.
Tech-led foundation crucial in e-commerce

Tech-led foundation crucial in e-commerce

Vietnam’s e-commerce development is a bright spot for Industry 4.0 with a high growth rate of 20-30 per cent
Vietnam asserting its brand identity on the global stage

Vietnam asserting its brand identity on the global stage

This week the Ministry of Industry and Trade in coordination with agencies, businesses, and other organisations will hold the National Brand Week Programme 2021 to celebrate efforts made by the government, the ministry, and the business community to enhance the position and image of Vietnamese brands through the Vietnam Value Programme.
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