Electricity prices will likely rise next year due to increasing power generation costs triggered by price hikes in coal, fuel, and water environment taxes, officials from the Electricity Regulatory Authority of Vietnam (ERAV), under the Ministry of Industry and Trade, said at a meeting held on November 30 in Hanoi, Nguoi Lao Dong newspaper reported. SEE MORE Total State budget collection from the beginning of the year till November 15 was estimated at VNĐ1.16 quadrillion (US$49.57 billion), up 16.1 per cent year-on-year. SEE MORE Despite Vietnam’s large trade deficit with the Republic of Korea, concerns are being allayed with the latter boosting investment and exports for production and re-export in the former, to take advantage of tax cuts under a regional trade pact. SEE MORE Việt Nam ranked ninth out of 20 economies in the Sustainable Trade Index 2018 released by the Hinrich Foundation last week. SEE MORE The Vietnamese dong will not depreciate much against the US dollar in the second half of this year, so the whole year’s slide will be 3 per cent at the most, the Bao Viet Securities Company (BVSC) has forecast. SEE MORE