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Japan lodged a protest with China on Monday over a Chinese naval vessel sailing near disputed islands, as reports emerged of Russia also sending its own navy ship to the area. The islets in the East China Sea, known as the Senkaku by Tokyo and the Diaoyu by Beijing, are …

The Ministry of Finance has warned that electricity prices will rise if solar and wind power are not developed commensurately with grid and operational capacity. Renewable power production is booming thanks to a fit-in-tariff (FIT) price of 7.09-9.35 U.S. cents per kilowatt-hour, much higher than prices paid for conventional energy. …

The government has informed the National Assembly about a proposal to cut the environment tax on gasoline by 25 percent from August to year-end to keep prices in check. The tax, which was originally VND4,000 ($0.17) per liter before an earlier 50 percent cut, will be cut to VND1,000 if …