Fuel price cycle to be shortened, removed in the long run

Thursday, Nov 17, 2022

The Ministry of Industry and Trade (MoIT) has proposed a new price mechanism to adjust fuel prices every 5 days instead of the current 10-day cycle, or possibly every day to finally address a number of issues that resulted in...

Inflation pressure eases on fuel price cuts

Wednesday, Aug 31, 2022

Inflationary pressure eased significantly in August on Government efforts to bring down petrol prices although prices of other goods and services kept increasing, according to the General Statistics Office.

Oil price hike and the way it is managed concerning people

Tuesday, Mar 01, 2022

To stabilise the oil and gas prices and reduce the burden of rising input costs for enterprises, the Government should take into account the reduction of some kinds of taxes and fees imposed on the products.

CPI rises as food and fuel spike

Tuesday, Mar 01, 2022

Viet Nam''s CPI has increased by 1 per cent in February and 1.42 per cent from the same period last year, according to the General Statistics Office of Viet Nam.

Inflation threat returns with global economic recovery

Monday, May 24, 2021

The prices of many goods have shown signs of rising, which poses the question, “Is inflation about to rear its head?”

State to continue support for fuel price fund

Sunday, Dec 15, 2019

Fuel price stabilisation fund helps the central government manage domestic fuel price in a foreseeable future.

Fuel prices rise second time this year

Saturday, Apr 07, 2018

The prices of all kinds of fuel increased as from 15:00 of April 7 following a joint decision of the Ministry of Finance and Ministry of Industry and Trade.

Fuel prices adjusted in June

Monday, Jun 20, 2016

The Ministries of Finance, and Industry and Trade decided to adjust the fuel price from 3pm on June 20, wherein price of gasoline was decreased and petroleum was continuously increased.

Fuel stabilisation fund hits $129m during first quarter

Tuesday, May 19, 2015

The fuel price stabilisation fund balance rose to nearly VND2.8 trillion (US$129 million) during the first quarter of this year.

MoF increases petrol, diesel prices

Saturday, Feb 22, 2014

The Ministry of Finance (MoF) on February 21 allowed petrol distributors to increase fuel prices to a maximum of VND307 per litre.

Fuel price stabilisation data to be published

Tuesday, May 07, 2013

Deputy Prime Minister Vu Van Ninh has asked the Ministry of Finance to publicise the management and use of the fuel price stabilisation fund every quarter on the ministry''s website.