Petrol prices revised down on September 5

Thursday, Sep 05, 2024

Retail sale prices of petrol products were adjusted down from 3pm on September 5 by the Ministry of Industry and Trade and the Ministry of Finance.

Petrol prices inch up on Thursday

Thursday, Aug 15, 2024

The Ministries of Industry and Trade and of Finance have decided to increase the retail prices of petrol products, effective from 3pm on August 15.

VCCI says petrol should be excluded from special consumption tax

Thursday, Aug 15, 2024

The Vietnam Chamber of Commerce and Industry (VCCI) proposed that the Ministry of Finance, the drafting agency of the draft Law on Special Consumption Tax, should consider removing petrol from the list of products with a special consumption tax imposed...

MoF proposes to reduce tax for input material of petrol products to 10%

Friday, Sep 30, 2022

The reduction of the MFN tariff to zero is also proposed for some items being intermediate products for oil refiners, such as VGO, residue and condensate, to ensure enough supply of those products for petroleum production.

National Assembly to decide on tax cut for petrol products

Tuesday, Mar 15, 2022

A draft resolution on the environmental protection tax rates on petroleum, oil and lubricants, was submitted to National Assembly Standing Committee yesterday for final approval.

PM keeps eye on petrol prices

Friday, Jan 26, 2018

Prime Minister Nguyen Xuan Phuc has requested the ministries of industry and trade - and finance, to report on price changes of petrol products this month.

Petrolimex, BSR partner to sell Dung Quat Refinery’s products

Friday, Aug 11, 2017

Binh Son Refinery and Petrochemical Co Ltd (BSR) on Thursday signed an agreement with the Vietnam National Petroleum Group (Petrolimex) on cooperation in boosting sales of petrol products produced by the Dung Quat Refinery.

Petrol prepares for e-voice

Saturday, Apr 29, 2017

The General Department of Taxation (GDT) is aiming to apply electronic invoices for petrol products in a bid to enhance the management of petrol station data and prevent tax losses.

Oil refinery to lift capital investment

Wednesday, Jul 03, 2013

Central Phu Yen Province will allow the planned Vung Ro oil refinery project to increase its investment capital from US$1.7 billion to $3.18 billion.