fuel prices

MoF proposes extending tax relief to curb inflation risks

June 25, 2026 | 09:39

The Ministry of Finance has proposed extending exemptions on environmental protection tax, VAT and most-favoured nation import duty on petroleum products for an additional three months until September 30.

EU to Vietnam flights face mounting pressure as jet fuel supply tightens

April 21, 2026 | 14:28

Airlines across Europe and Vietnam are scaling back flights amid a tightening jet fuel supply, driven by ongoing disruptions in the Middle East.

Fuel price climb projected to carry on into next year

September 12, 2023 | 11:45

A continued surge in the fuel prices globally and a potential increase in electricity over the next few months will cause pressure on Vietnam’s efforts to rein in inflation this year.

Myriad of risks put pressure on inflation intentions

April 11, 2023 | 08:00

A continued surge in fuel prices globally, an increase in electricity, and a rebound in consumption are expected to put pressure on Vietnam’s efforts to control inflation this year.

Ensuring steady supply of oil and gasoline till the year-end

October 14, 2022 | 18:48

The Ministry of Industry and Trade and other relevant ministries will take measures to ensure the supply of oil and petrol in the last months of 2022.

Indonesia plans to hike fuel prices next week: Minister

August 20, 2022 | 15:06

Indonesian President Joko Widodo may announce a fuel price hike next week to reduce spending on energy subsidies, said Coordinating Minister for Maritime Affairs and Investment Luhut Pandjaitan on August 19.

Rough waters remain in fuel price pressure

August 07, 2022 | 22:00

Although the government is trying to reduce fuel prices, Vietnam’s producer and import prices are expected to continue rising, affecting domestic production and pressurising the government’s efforts to rein in inflation.

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.

Airlines suffer losses due to rising fuel prices

July 01, 2022 | 16:13

Vietnamese airlines are suffering losses amounting to hundreds of billions of dong each month due to a surge in fuel prices, according to the director of the Civil Aviation Authority of Vietnam (CAAV) Dinh Viet Thang.

Domestic air transport sees fast recovery, airlines suffer loss due to rising fuel prices

June 28, 2022 | 20:31

Vietnamese airlines are suffering losses amounting to hundreds of billions of VND each month due to a surge in fuel prices, according to director of the Civil Aviation Authority of Vietnam (CAAV) Dinh Viet Thang.

Transport businesses raise fares due to fuel costs

June 16, 2022 | 14:36

Transport businesses that have just resumed after the pandemic are struggling with the soaring fuel costs.

Inflation maintained at around the target despite increasing fuel price

June 09, 2022 | 10:37

Inflation up to 2023 will likely be about 4-5.5 per cent, the same or slightly higher than the target that was set forth.

Fuel price hike continues to worry leaders

June 01, 2022 | 09:00

The government has been asked to control the continued rise in fuel prices, which is denting pockets and putting at risk the government’s efforts to curb inflation.

Vietnam effectively working on socio-economic recovery, development: PM

April 05, 2022 | 15:40

Prime Minister Pham Minh Chinh chaired a national teleconference between the Government and localities on April 5 to look into the socio-economic situation in the first quarter of 2022.

Workers scramble to evade fuel hike

March 24, 2022 | 09:52

High fuel prices, coupled with a lack of monthly income increases, have pushed the lives of millions of workers into difficulty, with many forced to change their consumption habits, cut living costs, or switch to other jobs.

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