[lbo-talk] Vietnam to remove power subsidies from 2009

uvj at vsnl.com uvj at vsnl.com
Thu Oct 16 12:44:04 PDT 2008


Vietnam to remove power subsidies from 2009 http://uk.reuters.com/article/oilRpt/idUKHAN38622520081008

Wed Oct 8, 2008

HANOI, Oct 8 (Reuters) - Vietnam plans to gradually remove subsidies on electricity from next year as it moves to deregulate the sector, the government said on Wednesday.

"The adjustment of power prices to a market-orientated mechanism is unavoidable," Industry and Trade Minister Vu Huy Hoang said in a government report on the energy sector. http://uk.reuters.com/article/oilRpt/idUKHAN38622520081008



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