Petrol prices surge past VND31,000 a litre for first time

Thursday, Jun 02, 2022

The retail prices of oil and petrol continued to rise yesterday following the latest adjustment by the Ministry of Industry and Trade and Ministry of Finance with new costs topping a record VNĐ31,000 a litre.

MoIT proposes 35 per cent cap on foreign investment in petrol market

Saturday, Apr 10, 2021

The Ministry of Industry and Trade (MoIT) has proposed a 35 per cent cap on foreign investment in local oil and petrol businesses, but said it was open to scrapping the regulation.

HCM City ensures oil and petrol supply, takes steps to prevent hoarding

Monday, Apr 06, 2020

HCM City businesses and authorities have been asked to ensure sufficient oil and petrol for local demand, and to prevent hoarding of these goods during the COVID-19 pandemic.

Petrol prices drop in latest review

Monday, Jun 03, 2019

The retail prices of oil and petrol were adjusted down from 3pm last Saturday following a decision by the ministries of Finance, and Industry and Trade.

Petrol prices hiked in latest review

Tuesday, Apr 02, 2019

The retail prices of oil and petrol rose sharply on Tuesday following adjustments made by the ministries of finance and industry and trade.

Petrol price stabilisation fund balance at US$73.8 million

Monday, Feb 18, 2019

The balance of the petrol price stabilisation fund at Viet Nam National Petroleum Group (Petrolimex) was VND1.72 trillion (US$73.8 million) as of Friday, the group said.

Petrol prices surge

Wednesday, May 23, 2018

The retail price of biofuel E5 RON 92 rose VND500 to VND19,940 (US$0.87) per litre at 3 p.m. Wednesday, the Ministries of Industry and Trade and Finance announced.

Petrol prices stable, oil prices increase slightly

Friday, Jan 05, 2018

The price of bio-fuel E5 was kept unchanged while diesel 0.05S and kerosene increased slightly by VND360 and VND495 per litre, respectively, in the latest regular adjustment of petrol and oil prices as of 3pm on Thursday.

Oil exploitation reaches 6.1 million tonnes in four months

Monday, May 04, 2015

Viet Nam has exploited 6.1 million tonnes of crude oil in the first four months of this year, a year-on-year increase of 8.9 per cent, according to a latest report from the Ministry of Industry and Trade.

Dai Hung oilfield gets floating storage unit

Thursday, Mar 26, 2015

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.

MoF raises oil import tax as prices tumble

Thursday, Jan 08, 2015

The Ministry of Finance (MoF) increased the import duty on oil and petrol yesterday by 7 to 11 per cent to touch 35 per cent.

Oil import tax raised as global prices fall

Saturday, Dec 06, 2014

The finance ministry on Thursday increased the maximum preferential import duty on oil and petrol by 10 to 15 per cent to touch 40 per cent.

Việt Nam inaugurates national pavilion at third Global Digital Trade Expo in China (đã xb online)

Monday, Jan 01, 0001

Việt Nam’s national pavilion at the third Global Digital Trade Expo (GDTE) in Hangzhou, China was inaugurated on Wednesday.