Tags

petrol and oil

Petrol and oil price stabilisation fund requires thorough appraisal

Petrol and oil price stabilisation fund requires thorough appraisal

Viet Nam is considering amending the Law on Price, which mentions several commodities under the Government’s price stabilisation scheme including petrol and oil.
Petrol-and-oil import enterprises will face severe punishments for violations: MoIT

Petrol-and-oil import enterprises will face severe punishments for violations: MoIT

Enterprises in charge of importing petrol and oil will be strictly punished, and could even be suspended from operating, if found to be illegally holding petrol and oil to sell at a higher price later.
Tax cut proposed to stabilise domestic petrol price

Tax cut proposed to stabilise domestic petrol price

Calls have been made for tax cuts to stabilise domestic fuel prices as global oil prices see continual increases.
Careful consideration must be given to extending foreign ownership at petrol and oil business to 35%: Deputy PM

Careful consideration must be given to extending foreign ownership at petrol and oil business to 35%: Deputy PM

Deputy Prime Minister Le Van Thanh has asked the Ministry of Industry and Trade to give careful consideration to the proposal of extending the amount of foreign ownership at petrol and oil business to 35 per cent.
Fuel prices might be adjusted three times per month

Fuel prices might be adjusted three times per month

Under the draft, fuel prices would be adjusted every ten days, on the first, 11th and 21st of each month.
Foreign investors expected to own 35 per cent of stake in petrol and oil firms

Foreign investors expected to own 35 per cent of stake in petrol and oil firms

The Ministry of Industry and Trade (MoIT) has proposed the Government to allow petrol and oil businesses to transfer stake to foreign investors, but not exceeding 35 per cent.
Petrol prices continue to go up

Petrol prices continue to go up

The retail prices of petrol and oil increased at 3pm on Thursday following the latest price review by the ministries of Industry and Trade, and Finance.
Temporarily halting petrol and oil imports must be considered carefully: ministry

Temporarily halting petrol and oil imports must be considered carefully: ministry

The proposal of temporarily halting the import of petrol and oil must be carefully considered to ensure national energy security and harmonise benefits between producers and consumers.
SCIC asked to focus on key sectors

SCIC asked to focus on key sectors

Deputy Prime Minister Truong Hoa Binh has asked the State Capital Investment Corporation (SCIC) to focus its investments on key sectors of the economy to boost efficiency and contribute to socio-economic development.
PVN proposes halt of petrol imports to support refineries amid tumbling domestic consumption

PVN proposes halt of petrol imports to support refineries amid tumbling domestic consumption

The Viet Nam Oil and Gas Group has asked relevant ministries to halt petrol and oil imports as domestic sales struggle due to travel restrictions to prevent the spread of COVID-19 pandemic.
Petrol prices go up on October 1

Petrol prices go up on October 1

The retail prices of petrol and oil increased at 6pm on October 1 following the latest review of the ministries of Industry and Trade and Finance on the prices.
Petrol and oil firms need more professional IR to attract investors

Petrol and oil firms need more professional IR to attract investors

Petrol and oil firms should focus more on investor relation (IR) activities to improve transparency, achieve fair-valuation securities and boost corporate governance. That was the message heard at a conference held by the Viet Nam Oil and Gas Group (PVN)...
Petrol prices stable, oil prices decrease slightly

Petrol prices stable, oil prices decrease slightly

The price of bio-fuel E5 was kept unchanged while diesel 0.05S and kerosene increased slightly by VND213 and VND69 per litre, respectively, in the latest regular adjustment of petrol and oil prices as of 3pm on Monday.
Viet Nam spent 3.6 million on petrol imports

Viet Nam spent $3.6 million on petrol imports

Viet Nam imported more than 5.56 million tonnes of oil and petroleum products worth nearly US$3.6 billion in the first five months of the year.
Petrol price rises by VND1,600

Petrol price rises by VND1,600

The domestic retail prices of oil and petroleum went up at 3pm today in the wake of increasing global fuel prices.