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The current enormous surge in electric power demand, with the rate of over 10%, will cause many difficulties against the power supply as from 2019-2020 onwards.
The Vietnamese factory will assemble automotive liquid crystal displays to be sold in the U.S. Some personal computer production of subsidiary Dynabook may shift to the new facility as well.
Power prices will increase by an average of 8.36 per cent at the end of this month, said deputy minister of Industry and Trade (MoIT) Hoàng Quốc Vượng on Tuesday.
