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
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
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- Editor’s Picks
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LG’s chemicals arm records modest 2023 profits in Vietnam
-
Firms with 500,000 kWh per month minimum consumption to become DPPA buyer: draft rule
-
SCG aims to fire up $5.4 bln Long Son Petrochemicals Complex in August
-
Thailand Kasikornbank’s Vietnam branch sees 2023 loss widen to $7.4 mln
-
AG&P LNG to start operating southern Vietnam LNG terminal in Sept