Vietnam mulls increasing ceiling price for domestic flights
April 10, 2026 | 19:25
Raising the ceiling on airfares is being considered in the context of rising fuel prices, according to the Civil Aviation Authority of Vietnam.
Vietnam cuts petrol tax to stabilise market
March 27, 2026 | 15:47
Vietnam has temporarily cut its environmental protection tax on petrol, diesel and jet fuel to zero, as the government moves to stabilise the domestic fuel market and safeguard energy security.
Middle East tensions raise energy, logistics and FX risks for Vietnam corporates
March 10, 2026 | 15:09
Escalating conflict in the Middle East is raising concerns about credit risks for Vietnamese businesses as energy and transport costs climb.
Boeing to buying 9.4 million gallons of sustainable fuel
April 22, 2024 | 10:47
Boeing is buying 9.4 million gallons of blended sustainable aviation fuel.
Major coffee chains attempt to wade through price storm
July 21, 2022 | 08:00
Beverage chains are struggling under the pressure of increasing selling prices due to sky-high costs of fuel and raw materials.
Petrolimex pockets hefty first-quarter loss as oil takes a plunge
May 28, 2020 | 12:06
The global price of oil going into a nosedive has sent the profit of Petrolimex into a free fall in the first quarter of this year.
Import tax cut urged over fuel price hike pressure
February 23, 2013 | 09:07
Vietnam is under pressure to increase petroleum retail prices as import prices have risen, but insiders have suggested cutting import taxes instead to prevent burdening consumers with a fuel price hike.
Ministry maintains fuel prices, cuts import taxes
September 12, 2012 | 15:44
The fifth consecutive fuel price hike within two months, as feared by local consumers, has not occurred, at least for now, as the Ministry of Finance Tuesday ruled to keep fuel retail prices at the current rate, only slashing import duties for all commodities but gasoline instead.
Nigeria oil tanker fire kills more than 100
July 13, 2012 | 09:10
More than 100 people who rushed to scoop up fuel after a Nigerian petrol tanker tipped over Thursday were burned to death when the vehicle and spilled oil caught fire.
LG’s fuel cell technology development
June 29, 2012 | 14:00
LG announced today that it had invested $45 million to acquire a 51 per cent shareholding in Rolls-Royce Fuel Cell Systems.
Fishers leave vessels ashore as fuel prices rise
April 25, 2012 | 08:15
Following last week’s fuel price hike, the second in less than two months, many fishermen have left their vessels unused to avoid losses.
Fuel-efficient autos drive sales higher
April 04, 2012 | 08:39
US auto sales revved up in March amid an improving economy and as high gasoline prices boosted buying of fuel-efficient vehicles, US and foreign automakers said Tuesday.
Petrol adulteration scam revealed
January 10, 2012 | 09:44
The poor quality of basic petrol based products available at unofficial street stalls and major private and state-owned petrol stations has been revealed.
Petrochemical expert claims bad fuel destroys engines
January 01, 2012 | 08:00
Vietnamese authorities are speeding up tests on petroleum samples after controversy surrounding recent incidents of vehicle fires.
Audit uncovers fuel wholesalers’ hefty profits
December 20, 2011 | 13:44
Although fuel wholesalers have repeatedly claimed a “refrain” bemoaning of losses, they have actually been operating with enormous profits, Deputy Minister of Finance Vu Thi Mai said in a press briefing yesterday, citing audit results.
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