Peak hour electricity prices nearly 3 times higher, recommendations on how to use electricity economically
According to new regulations of the Ministry of Industry and Trade, peak hour electricity prices for production and business customers are currently nearly 3 times higher than peak hours. For business customers using voltage from 22kV or higher, peak hour prices are up to 5,025 VND/kWh, while peak hour prices are only 1,609 VND/kWh. Groups using voltage below 6kV bear the highest price, up to 5,422 VND/kWh.
From April 22, 2026, the new peak hours are adjusted to focus entirely on the evening, from 5:30 PM to 10:30 PM on Mondays to Saturdays. The Ministry of Industry and Trade and NSMO believe that this change is aimed at reducing pressure on the power system during the hot season, when the demand for electricity in the evening increases sharply.
Assoc. Prof. Dr. Ngo Tri Long - Economic expert recommends that businesses need to change the way they manage electricity, considering electricity as a cost factor that needs to be optimized similarly to raw materials or finance. Businesses should create load charts per hour to determine the stage of large electricity consumption, thereby adjusting operations to low or normal hours to save costs. See more...
Removing the bottleneck of human resources and digital transformation to accelerate the private economy
Temporarily seizing 1,395 products suspected of being fake branded goods at two business establishments in Hanoi
On May 26, Market Management Team No. 14 coordinated with the Economic Police Department of Hanoi City Police to inspect two business establishments in Tu Liem ward and discovered many fashion products suspected of counterfeiting famous brands.
At business household D. Q. P in My Dinh - Me Tri urban area, functional forces discovered 719 shoe and clothing products suspected of being fake brands such as Nike, Dior, Gucci, Hermes, Crocs... with a total value of about 222.22 million VND. Previously, on May 8, this establishment was also discovered trading 530 products suspected of being fake brands, worth 173.65 million VND. In total, through two inspections, functional agencies determined that there were 1,249 violating products worth nearly 396 million VND.
During the same inspection, Lotus Square Co., Ltd. was found to be trading 146 shoe, socks, and shirts suspected of being fake of Nike, Stussy and Moncler brands, worth about 62.85 million VND. All violating goods have been temporarily seized for further verification and handling according to legal regulations. See more...
Hanoi peak heat, sugarcane juice sellers "harvest a lot", electronics stores race to reduce prices
Prolonged heat in Hanoi makes popular refreshment shops such as sugarcane juice, coconut water, and pineapple juice always crowded with customers. Many shop owners said that summer revenue has increased many times compared to normal days, and some days they sell out early thanks to increased cooling demand.
The owner of a sugarcane juice shop in Yen Hoa ward said that they sell about 50 liters of sugarcane juice and pineapple juice per day at a price of 15,000 - 20,000 VND/cup. Workers, technology drivers and families prioritize choosing sugarcane juice because it is cheap, convenient and helps quench thirst effectively in hot weather.
Along with cooling drinks, cooling items such as fans, air conditioners, and air conditioners are also "selling well". See more...
