petroleum

Refinery enjoys breakthrough

February 26, 2013 | 11:38

A flagship $3.1 billion oil refinery in central Vietnam has been green lighted to double its scale.

Petrolimex in the spotlight

November 14, 2012 | 11:10

Petrolimex is on the State Audit’s radar screen.

Fuel price hike not the only choice: experts

August 13, 2012 | 12:59

Import tax cut and the suspension of stabilisation fund feeding will help preventing local retail prices of fuel from rising too much, said experts.

Fuel prices to go up by VND1,000 per litre

August 01, 2012 | 14:33

The retail prices of petroleum products are expected to rise by some VND1,000 a litre today, Wednesday, said a senior state official.

Vietnam not to apply sharp petrol price cuts

June 07, 2012 | 13:46

Despite the recent fall in the import price of petroleum products, price cuts will not be as sharp as price hikes, said the Ministry of Industry and Trade.

Ministry announces petroleum products’ price hike

March 07, 2012 | 16:00

The Ministry of Finance has issued a document revising the price of local petroleum products upwards starting at 4pm today.

No escaping environmental protection tax

November 26, 2011 | 09:49

The Law on Environmental Protection Tax will come into force from January 1, 2012. General Department of Taxation deputy chief Cao Anh Tuan tells VIR how the landmark law will impact on firms and consumers.

Fueling the pricing debate

February 26, 2011 | 14:14

Deputy minister of Industry and Trade Nguyen Cam Tu recently told VIR setting petroleum prices based on market rules might not immediately bring order to the petroleum market.

Petrolimex works to keep nation moving

February 23, 2011 | 16:00

Petroleum trading needs to be based on market rules to ensure healthy performance, Petrolimex deputy general director Vuong Thai Dung tells VIR.

Petrol prices in state of flux

February 22, 2011 | 08:27

Petroleum retail prices are likely to be hiked to offset petrol trading enterprises’ losses due to the increased USD-VND exchange rate and surging global petrol prices.

Petrol stations start to run dry

February 18, 2011 | 15:22

Ensuring stable domestic market supplies is now a prime concern of local petroleum firms.

Petrol industry running on empty

January 17, 2011 | 16:38

General director of the state-run Vietnam National Petroleum Corporation (Petrolimex), Bui Ngoc Bao warns the petroleum market could soon be in a mess unless state management agencies intervened with suitable remedies.