Power price hike forecast to hit industry profits

Power price hike forecast to hit industry profits

A retail electricity price hike of 3% could cut pre-tax profits in the steel industry by 15%, the paper industry by 2%, the cement industry by 13%, and the chemical industry by 1%, according to the South Korea-invested Mirae Asset Finance Company.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

EVN faces unprecedented difficulties: industry minister

EVN faces unprecedented difficulties: industry minister

State utility Vietnam Electricity (EVN) is facing unprecedented challenges due to high fuel prices, Minister of Industry and Trade Nguyen Hong Dien told a meeting on Wednesday.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7