Vietnam PM approves power bill cut for Covid-19 affected companies

Enterprises processing and preserving seafood enjoy a 10 per cent reduction in power bills for three months. - Vietnam News/ANN

HANOI, Aug 29 (Vietnam News/ANN): The Prime Minister has approved the Ministry of Industry and Trade (MoIT) proposal to cut power bills for enterprises for three months in provinces and cities applying social distancing, according to a Government resolution that has been issued.

A 10 per cent reduction will be applied to electricity prices for factories or production facilities maintaining production in the provinces and centrally-run cities which are implementing social distancing under Directive 16.