A representative from Vinacomin attributed this price hike to the high by 40% in fuels, by 9.3% in the exchange rate, by 5% in coal export tariffs, and in loan interest rates.
“If not the price increase, Vinacomin finance situation will meet difficulties,” the official stressed, calculating that the group would incur extra expenditures of VND1.3 trillion from the export tax hike and of VND3.5 trillion from the soar in fuels, in exchange rate and in loan interest rates.
