September 15, 2022 | 14:58
The Ministry of Finance (MoF) has proposed a reduction of the most favoured nation (MFN) tariff on a number of petrol products widely used in industrial production from 20 per cent to 10 per cent in an attempt to bring down the economy's input cost.
September 03, 2022 | 13:04
Retail petroleum businesses have asked to stop contributing to the petrol price stabilisation fund, increasing the commission to reduce losses and permanently withdrawing the licence of unprofitable retailers.
July 01, 2022 | 15:24
A continued hike in the prices of fuel and input materials for production are expected to drive enterprises and labourers into more difficulties, and affect Vietnam’s efforts to rein in inflation this year.
June 16, 2022 | 15:41
New fiscal solutions are set to be applied to reduce risks of high inflation this year which are looming due to massive pressure in growing prices of a series of indispensable items and services, affecting consumption recovery and economic growth.
March 18, 2022 | 09:00
Inflationary pressure in Vietnam is increasing as local petrol production falls below expectations which, in turn, is affecting the consumer price index and putting pressure on macroeconomic stability.
February 22, 2022 | 16:05
Vietnam will need to cut taxes and fees, in addition to using the petroleum price stabilisation fund if petrol prices keep rising, said a leader from the Ministry of Industry and Trade (MoIT).
October 18, 2021 | 12:21
Despite the recovery of petrol prices, profits of many businesses in the oil and gas sector dropped in the third quarter of this year due to impacts of the COVID-19 pandemic.
July 01, 2020 | 09:44
The June CPI in Ho Chi Minh City was up 0.66 percent from last month, and up 2.1 percent from the same month last year, the city’s statistics office said on June 30.
January 16, 2020 | 09:00
While global oil supplies in 2019 were vulnerable, the fluctuations have not affected long-term petrol prices, yet business plans for some in the market in 2020 remain complicated.
August 23, 2019 | 10:03
The National Assembly (NA) Standing Committee has recently proposed removing the road maintenance fund and petrol price stabilisation fund.
April 04, 2019 | 10:25
The retail prices of oil and petrol rose sharply on Tuesday following adjustments made by the ministries of finance and industry and trade.
August 15, 2011 | 07:00
Calls are getting louder for lower petrol prices despite Ministry of Finance claims that petroleum traders are still chalking up losses.
February 26, 2011 | 16:10
Soon after the announcement of a rise in petrol prices, many transport companies said they would follow suit.