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Vietnam petrol

Petrol prices up nearly VNĐ1,000 per litre

Petrol prices up nearly VNĐ1,000 per litre

The prices of oil and petrol have climbed nearly VND1,000 (US$0.043) per litre folowing the latest adjustment by Ministry of Finance and the Ministry of Industry and Trade on Saturday.
Ministries propose revisions to petrol trading decree

Ministries propose revisions to petrol trading decree

The country should revise Decree 83 on petrol trading, especially regulations related to the calculation of output prices to ensure a transparent petroleum market, said Do Hoang Anh Tuan, deputy minister of Finance Ministry.
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 drops slightly after five hikes

Petrol price drops slightly after five hikes

Retail prices of RON 92 and E5 petrol ped by VND112 and VND105 per litre, respectively, at 4:55pm on Thursday, according to a joint decision of the ministries of industry and trade, and finance.
VN to import petrol for next five years

VN to import petrol for next five years

Viet Nam is expected to continue importing petroleum products for the next five years as production of major oil refineries is unable to meet the increasing local demand.
Petrol price increased for the third consecutive time

Petrol price increased for the third consecutive time

The Ministry of Industry and Trade increased the retail price of fuel on September 20.
Petrol prices increase by more than VND500 per litre

Petrol prices increase by more than VND500 per litre

The retail prices of RON 92 petrol and E5 bio-fuel increased by VND518 (23 US cents) and VND551 per litre, respectively, on April 5.
Petrolimex to sell 8 per cent stake

Petrolimex to sell 8 per cent stake

Vietnam National Petroleum Group (Petrolimex) will offer 103.5 million ordinary shares, or eight per cent of its stake, to the Japanese JX Nippon Oil & Energy Corporation, officials said.
Retailers slash fuel prices

Retailers slash fuel prices

Retail prices of petrol were slashed at 3pm on December 18, following orders from the ministries of industry and trade and finance.
Petrol up VND275 per litre

Petrol up VND275 per litre

The retail prices of petroleum and biofuel E5 RON 92 increased by VND275 per litre to VND20,711 (US$0.95) and VND20,381 ($0.94) per litre, respectively, from 3pm yesterday.
Dai Hung oilfield gets floating storage unit

Dai Hung oilfield gets floating storage unit

The Vietnam Oil and Gas Group inaugurated and handed over two units to PetroVietnam Domestic Exploration Production Operating Company Limited (PVEP POC) on March 26.
Ministries order petrol price stability over Tet

Ministries order petrol price stability over Tet

The ministries of Industry and Trade, and Finance have asked fuel enterprises to keep retail petrol prices stable during the Tet (Lunar New Year) holidays.
Incentive policies necessary to develop support industry

Incentive policies necessary to develop support industry

More support should be given to several key industries to help add value and increase the localisation ratio of exports, the Industry and Trade Department of HCM City has said in a new report.
Inter RAO Group to build thermopower plant

Inter RAO Group to build thermopower plant

Inter RAO Group from Russia will build the Quang Trach 2 thermopower plant project on a build-operation-transfer basis in the central Quang Binh province''s Quang Trach District.
Local oil prices cut following global drop

Local oil prices cut following global drop

The ministries of Industry and Trade and Finance released a joint statement yesterday asking fuel wholesalers to reduce retail prices of oil by VND136-174 (6-8 US cents) a litre starting from 5pm yesterday.