Stabilisation fund not the true answer for reducing costs in the petrol market

Stabilisation fund not the true answer for reducing costs in the petrol market

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.
Coping scenarios for oil price variations in logistics

Coping scenarios for oil price variations in logistics

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.
Roundtable: Oil Price Outlook and Sharing Experiences for Sustainable Development

Roundtable: Oil Price Outlook and Sharing Experiences for Sustainable Development

On September 8, Vietnam Investment Review (VIR) will host a roundtable titled "Oil Price Outlook and Sharing Experiences for Sustainable Development"
Uncertainty lingers on with global oil and gas investment

Uncertainty lingers on with global oil and gas investment

With a global oil price reaching eye-watering levels, much of Vietnam’s oil and gas potential depends on new-found investments in exploration technology, thus helping boost the country’s state budget.
Rising trends likely to persist for 2021 consumer price data

Rising trends likely to persist for 2021 consumer price data

On the back of reopening global economies and a rising crude oil price, Vietnam’s inflation target for 2021 may be harder to achieve, with regulating government bodies attempting to manoeuvre through the year while keeping inflation pressure at bay.
Oil industry pins hopes on strong 2021 recovery

Oil industry pins hopes on strong 2021 recovery

Although the global oil and gas industry is experiencing greater uncertainty than usual due to the coronavirus pandemic, experts believe a rebound in demand will likely happen in 2021, if global economic growth recovers as projected.
Oil and gas groups switch strategies to avert strain

Oil and gas groups switch strategies to avert strain

The latest bout of market turbulence has pushed the price of oil into negative territory, but investors can still turn the state of events to their advantage.
OPEC sees 'considerable uncertainty' in oil market

OPEC sees 'considerable uncertainty' in oil market

After months of sharp oil price rises there is now considerable uncertainty as to the market's direction for the rest of the year, OPEC said on Tuesday (Jun 12) as a key meeting of oil producers looms.