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Update news price hike
Many eateries in Hanoi have raised prices, with noodle and pho shops increasing by VND 5,000 (approximately USD 0.20) per bowl due to soaring input costs.
By Hieu Minh The Ministry of Trade and Industry has given the go ahead for yet more increases in electricity prices following a plea from the state-owned Electricity of Vietnam.
Fuel wholesalers can extract up to VND2,000 for each liter of gasoline and VND650-1,150 for every liter of oil from the price stabilization fund to cover their losses and keep the current retail prices unchanged.