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Ministry of Industry and Trade
Hai Duong receives the Market Management Department to the locality
Hai Duong Provincial People's Committee has just issued an official dispatch on coordinating the reception of the Market Management Department in its original state.
Ministry of Industry and Trade reassigns leadership tasks
The Minister of Industry and Trade is a member of the Government, responsible to the Government, the Prime Minister and the National Assembly for the management of the industry and trade sector.
Former Deputy Minister Hoang Quoc Vuong accused of causing damage of 1,043 billion VND to EVN
Former Deputy Minister of Industry and Trade Hoang Quoc Vuong was accused of wrongdoing by creating conditions for businesses to enjoy preferential electricity prices, causing losses to EVN of more than VND1,043 billion.
Electricity prices should be adjusted every 3 months.
VCCI believes that the regulation of changing electricity prices every 3 months should be maintained, instead of shortening it to 2 months as calculated by the Ministry of Industry and Trade, to suit the synthesis of data of the electricity industry.
Balancing supply and demand, stabilizing the market on the occasion of Lunar New Year 2025
The Minister of Industry and Trade requested the Departments of Industry and Trade of provinces and centrally-run cities to implement solutions to ensure supply-demand balance, stabilize the market, and prevent sudden price increases before, during and after Tet.
The highest expected retail price of household electricity is nearly 3,800 VND per kWh.
The Ministry of Industry and Trade has proposed to reform the retail electricity price structure to 5 levels instead of 6. The highest electricity price level could reach nearly 3,800 VND per kWh.
Proposal to prosecute former Deputy Minister of Industry and Trade Hoang Quoc Vuong
The Ministry of Public Security's Security Investigation Agency has just issued a supplementary investigation conclusion on the case of 'abusing position and power while performing official duties; lack of responsibility causing serious consequences' occurring at the Ministry of Industry and Trade and provinces and cities.
Proposal for electricity prices to be adjusted every two months
Electricity prices may be considered for change every two months, instead of every three months as at present, when input costs increase by 2% or more, according to a draft Decree of the Ministry of Industry and Trade.
Localities will receive the Market Management Department as it is.
At the request of the leaders of the Ministry of Industry and Trade, the provinces and cities will receive the original status (people, assets, and transitional investment projects) from the Market Management Departments.
Ministry of Industry and Trade receives back 6 State 'big guys' from super committee
PVN, EVN, TKV, Petrolimex, Vinachem and Vinataba will be transferred from the State Capital Management Committee back to the Ministry of Industry and Trade.
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