24-04-2024 11:53
Higher oil prices as Middle East tensions rise are expected to undermine Vietnam’s efforts to reach its inflation target this year.
04-01-2024 15:35
Global markets were rattled Wednesday as blasts in Iran that killed at least 103 fanned fears of the war between Israel and Hamas spreading further.
29-12-2023 09:53
Global stocks were mixed Thursday on the penultimate trading day of 2023, while oil prices fell on easing worries about shipping disruptions in the Red Sea.
01-11-2023 11:18
World oil prices sank Monday as traders hoped a region-wide conflict could still be avoided and Israel said its forces killed dozens of Hamas militants in clashes in Gaza.
11-07-2023 15:00
A low consumer price index in the first six months of the year is expected to contribute to controlled inflation amid a continued downtrend in oil prices and slow-paced consumption.
26-06-2023 11:51
The Malaysian ringgit (RM) depreciated for a fifth straight session to slump to a more than seven-month low on June 23 due to a firmer dollar and weak oil prices.
10-04-2023 15:13
Oil prices remain elevated, pushing demand for electric vehicles (EV) in Thailand. This is reflected in the number of orders for EVs at the 44th Bangkok International Motor Show.
09-03-2023 10:21
Petrol retailers and industry insiders are calling for a change in the state management of fuel to ensure businesses can stay afloat.
29-12-2022 11:09
As the Vietnamese market continues to wait for large oil and gas projects to launch, the focus lies on small-scale ventures and innovative investment attraction schemes to profit from the world’s high oil prices.
29-12-2022 11:00
Oil and gas companies could cash in on the current oil prices that are forecast to remain high in 2023, which is also an important factor promoting increased investment in the sector.
10-10-2022 14:50
Oil prices jumped Monday on expectations of an OPEC output cut, while weak US data sent stocks higher amid rising hopes central banks may be able to ease off interest rate hikes.
22-09-2022 11:00
Amid the continuously fluctuating prices for oil and gasoline, Vietnam is injecting millions of US dollars into the import of these commodities while inadequacies in the domestic market have not yet been resolved.
22-09-2022 10:34
For the first time, retail prices of diesel and kerosene are higher than gasoline prices, as recorded on September 15. The Ministry of Industry and Trade explained that there is a big difference between gasoline and global oil prices.
22-09-2022 08:00
Decree No.95/2021/ND-CP on petroleum trading officially took effect at the beginning of the year and was expected to strengthen the market. However, the continuous changes in gasoline prices, combined with the inadequacies in management, has had a great impact on market supply and demand and also pushed the business and consumer world into unprecedented difficulties. The question of how to foster a healthy market and ensure energy security has not been resolved.
14-09-2022 15:00
Despite slight falls in oil prices, pressures on possible surges again are high amid the global energy crisis. Le Quang Trung, vice president of the Vietnam Logistics Business Association, outlined the possible scenarios with VIR’s Minh Anh.