State-owned Electricity of Vietnam (EVN)
increased electricity prices by an average of five percent as of August
1, the fifth hike since 2011. SEE MORE HA NOI (VNS)— The ministries of Finance and Industry and Trade
unexpectely agreed for petrol retailers to increase prices by VND460 per
litre to the record high VND24,570 from 8pm yesterday. SEE MORE SINGAPORE (ICIS)--China’s economic expansion
decelerated further in the second quarter, logging in an annual growth
of 7.5% - the lowest in four years, official data showed on Monday. SEE MORE The petrol price stabilization fund is running out, with only VND55.5
billion left as of June 30 compared to VND756.4 billion on December 21,
2012, said the Ministry of Finance. SEE MORE The central bank will continue to supply gold for the market through
auctions but the volume put up for sale will drop back given the falling
demand, said Le Minh Hung, deputy governor of the State Bank of
Vietnam. SEE MORE