Want to be in the loop?
subscribe to
our notification
Business News
[VBF POWER & ENERGY WG]_YOUR COMMENTS NEEDED ON MOIT’S OL NO. 2698 ON POWER TARIFFS REDUCTION AND COVID 19 IMPACTS/ RECOMMENDATIONS IN TERMS OF POWER/ENERGY_DEADLINE: COB 4 MAY 2020
Dear Members,
VBF Power & Energy Working Group has been recently contacted by the Vietnam Electricity (“EVN”) for an update on:
(1) comments on the MOIT’s Official Letter No. 2698 dated 16 Apr 2020 with instructions to EVN and provincial Departments of Industry & Trade to reduce power tariffs for businesses for a period of 3 months (Both EN and VN versions as attached for your perusal);
(2) Covid-19 impacts in terms of power/energy and recommendations for the Government.
We perceive that this is a good chance to provide necessary feedback, comments, and suggestions from the private sector's perspective regarding the Covid-19 impact.
In this regard, we welcome any contributions with the Template and sent to the VBF Secretariat at info@vbf.org.vn and phamlinhngan@gmail.com by COB Monday 4 May, 2020 for further actions.
Should you have any question, please kindly contact Ms. Ngan Pham, VBF PEWG Project Assistant at Tel.: 093 790 6600.
Thank you for your cooperation and we look forward to your feedback in due course.
--------------------------------------------------
VIETNAM BUSINESS FORUM SECRETARIAT
3B Floor, Horison Tower, 40 Cat Linh,
Dong Da, Hanoi, Vietnam
T: (84) 243 715 2223
F: (84) 243 715 2218
www.vbf.org.vn
Related News
PRACTICAL CONSTRUCTION WORK
At Phuc Vuong, we do not focus on talking about our capabilities. Instead, every project currently under construction serves as the clearest and most direct proof. From site preparation, piling works, and foundation construction to structural works and major items, our technical team remains closely involved on site, monitoring every detail.
INTERNATIONAL ARRIVALS TO PHU QUOC AT RECORD HIGH
On January 17, Phu Quoc International Airport handled 47 international flights in a single day, the highest level since the airport began operations. Earlier, on January 3, the airport had already set a new record with 46 international flights in one day. Notably, the surge was not confined to a few peak days. International arrivals were maintained at a high level throughout January, pointing to a more sustained and stable expansion of the international travel market to the island.
VIETNAM PUTS SCIENCE, TECHNOLOGY AT CENTER OF 2026 GROWTH STRATEGY
Vietnam will make science and technology, innovation and digital transformation the core drivers of economic growth in 2026, under a Government resolution guiding this year’s socio-economic development and budget implementation. The direction is set out in Resolution No. 01 on key tasks and solutions for 2026, reported the Government news website (baochinhphu.vn).
VIETNAM ECONOMIC NEWS INSIGHT & RECAP - DECEMBER 2025
Vietnam closed 2025 with an impressive economic performance, exceeding initial targets and demonstrating the resilience of its growth model. Full-year GDP expanded by 8.02% supported by a combination of government-led stimulus, stable domestic production and consumption, and continued strength in key export sectors amid ongoing external uncertainties.
PER CAPITA INCOME CLIMBS 9.3% IN 2025
Average per capita income in 2025 was estimated at VND5.9 million (approximately US$225) per month, marking a 9.3 percent increase from 2024, according to preliminary findings of the Household Living Standards Survey 2025 conducted by the National Statistics Office (NSO). Part of the income growth stemmed from State payments to public officials and employees who retired or resigned under the restructuring of the political system's organizational apparatus.
INDUSTRY AND TRADE SECTOR MAINTAINING GROWTH MOMENTUM, FORGING SUSTAINABLE DEVELOPMENT
In 2025, Hai Phong City benefited from significant opportunities created by an expanded development space following administrative consolidation, while also facing challenges in maintaining stable and efficient administrative operations and sustaining strong economic growth amid ongoing global volatility. Within this context, the industry and trade sector continued to serve as an important driving force for the city’s overall economic growth.
























