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
KNIC ENGAGES WITH GOVERNMENT AND HIGH-TECH BUSINESS COMMUNITIES IN CHINA
From Beijing to Shandong, KN Holdings and KN Industrial City are continuing to expand their engagement with government authorities, trade promotion organizations, and high-tech business communities in China. In Beijing, the delegation met with the Center for International Economic and Technological Cooperation under the Ministry of Industry and Information Technology (MIIT), exchanging perspectives on industrial and technology cooperation between the two markets.
VIETNAM’S TRADE TOPS $825 BILLION BY MID-SEPTEMBER
Figures released on September 21 showed goods trade reached nearly $55 billion in the first 15 days of September alone, bringing cumulative turnover since the beginning of the year to more than $825 billion. The strong growth reflects robust trade flows, with demand for consumer goods and production inputs remaining high.
VIỆT NAM'S BUSINESSES MOVE TOWARDS AI AGENTS
Việt Nam’s AI landscape is entering a new phase as businesses move beyond generative AI (GenAI) tools designed to assist human users towards autonomous AI, agentic AI and AI agents that can take action with limited supervision, experts have said. The shift comes as Việt Nam seeks to accelerate science and technology, innovation and digital transformation under Politburo Resolution 57-NQ/TW, issued on December 22, 2024.
VIỆT NAM TARGETS $48 BILLION IN TEXTILE-GARMENT EXPORTS
Việt Nam’s textile and garment industry is facing both opportunities and challenges amid complex and unpredictable developments in the global market, prompting businesses to improve growth quality, optimise production costs and enhance adaptability in pursuit of an export turnover of about $48 billion this year. The target is considered an important milestone that requires concerted efforts from management agencies and the business community.
CUTTING LOGISTICS COSTS KEY TO BOOSTING EXPORTS
Reducing costs has become an increasingly urgent priority for import-export activities, particularly logistics costs, a conference in Hà Nội was told on Tuesday. According to Deputy General Director of the Ministry of Industry and Trade's Agency for Foreign Trade, Trần Thanh Hải, import-export activities has remained a bright spot for the economy in recent years, playing an important role and helping drive macroeconomic growth.
FLEXIBLE FISCAL POLICY HELPS DRIVE ECONOMIC GROWTH
Việt Nam’s fiscal policy has been implemented in a targeted expansionary manner since early 2026, helping maintain macroeconomic stability and supporting the country’s goal of achieving double-digit economic growth. According to the Ministry of Finance, State budget revenue in the first eight months of 2026 was estimated at VNĐ2.02 quadrillion (US$77.7 billion), equivalent to 80 per cent of the annual estimate and up 16 per cent year-on-year.






















