SBV stressed the importance of fuel as a key commodity with direct and significant influence on the country's macro-economic stability

Enterprises and research units in the field of energy, especially in the electricity industry, have taken the lead in mastering advanced t

Those changes have shown that modern commercial infrastructure has been developed while the traditional market system has been upgraded.

The MoIT will ask the Government to adjust the costs of petrol trading for businesses to help them avoid losses, said Deputy Minister Hai.

Vietnam raked in approximately $77 billion from the export of phones, computers, and electronic products, according to Moit.

Under the UKVFTA, import duties will be eliminated for 99.2% of the tariff lines, equivalent to 99.7% of Vietnam’s export revenue.

The UKVFTA, effective from January 1, 2021, is expected to continue bringing opportunities for Việt Nam to expand coffee exports to the UK.

Projects by Vietnamese scientists and research units have increased the localization rates of complex equipment systems at coal-fired power.

VGP - Viet Nam’s export turnover is expected to reach around US$368 billion in 2022, representing a year-on-year increase of 9.46 percent.

The demand for primary energy, including coal, will continue to increase, possibly peaking in the 2030-2035 period, the ministry said.