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petrol

Petrol prices go up in latest adjustment

Petrol prices go up in latest adjustment

The retail prices of petrol were revised upward on November 28 afternoon following the latest adjustment by the Ministries of Industry and Trade and Finance.
Petrol prices revised down on September 5

Petrol prices revised down on September 5

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

Petrol prices inch up on Thursday

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

VCCI says petrol should be excluded from special consumption tax

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...
Petrol retail prices revised down on August 8

Petrol retail prices revised down on August 8

The Ministry of Industry and Trade, and the Ministry of Finance have decided to reduce the retail sale prices of petrol products from 3pm on August 8.
Amendments to petrol business regulations needs to be market-based

Amendments to petrol business regulations needs to be market-based

The Ministry of Industry and Trade’s draft proposal on the petrol business which states that distributors are not allowed to trade petrol with each other but only permitted by buy petrol from wholesalers, has met objections.  
Market tools suggested as best method to decide petrol prices

Market tools suggested as best method to decide petrol prices

The State needs to legal bases and conditions for the enterprises to use the derivative tools such as petrol price insurance, experts say.
Petrol distributors not allowed to buy from each other: Draft

Petrol distributors not allowed to buy from each other: Draft

With a large number of 298 petrol distributors, if the distributors are allowed to buy from each other, controlling the origin, quality and quantity of petroleum will be very difficult for the State management agencies.
Petrol prices decrease slightly in latest adjustment

Petrol prices decrease slightly in latest adjustment

Retail prices of petrol products were slashed starting 3pm on July 11 by the Ministry of Industry and Trade and the Ministry of Finance.
Petrol prices revised up

Petrol prices revised up

The retail prices of E5RON92 bio-fuel and all petrol products increased from 3pm on June 27 following the latest adjustment by the Ministry of Industry and Trade, and the Ministry of Finance.
Petrol prices reduced on June 6

Petrol prices reduced on June 6

Retail prices of petrol products were slashed starting 3pm on June 6 by the Ministry of Industry and Trade and the Ministry of Finance.
Petrol prices revised down in latest adjustment

Petrol prices revised down in latest adjustment

Retail sale prices of petrol products were adjusted down from 3pm on May 30
Petrol prices slightly up in latest adjustment

Petrol prices slightly up in latest adjustment

The retail prices of E5RON92 bio-petrol and all oil products increased from 3pm on May 23 following the latest adjustment of the Ministry of Industry and Trade, and the Ministry of Finance.
Businesses allowed to decide their own petrol retail prices: draft decree

Businesses allowed to decide their own petrol retail prices: draft decree

The draft is built on the principle of ensuring harmony of benefits for consumers and petroleum businesses, and petroleum supply for domestic consumption.
Enterprises urge petrol price stabilisation fund to be abolished

Enterprises urge petrol price stabilisation fund to be abolished

As the domestic petrol prices are also going parallel with the world market, the removal of the petrol price stabilisation fund should be considered.