PM asks for all efforts to ensure sufficient supply of electricity, petroleum products

Monday, Jul 22, 2024

Prime Minister Phạm Minh Chính asked relevant agencies and authorities to ensure sufficient supply of electricity and petroleum products in all situations.

NSRP commits to ensuring the supply sources of petroleum products

Friday, Oct 28, 2022

Nghi Sơn Refinery and Petrochemical LLC (NSRP) has received a request from the Ministry of Industry and Trade (MoIT) to maintain stable production activities and maximise production to ensure petroleum supply to the domestic market. 

Petrol price may go down substantially in April

Monday, Mar 28, 2022

Petrol price is expected to go down substantially from April after the National Assembly on March 23 passed the resolution on reduction of environmental protection tax rates on petroleum products.

PM orders balance of petrol demand, supply for domestic market

Thursday, Feb 24, 2022

Prime Minister Pham Minh Chinh has issued a dispatch requesting the joint efforts of ministries, sectors and localities to ensure a balance between supply and demand of petroleum products.

HCM City says petrol supply adequate to fully meet demand

Thursday, May 28, 2020

The HCM City Department of Industry and Trade has assured there is adequate supply of petroleum products to meet demand and it will prevent any hoarding of these goods.

Viet Nam reduces petroleum imports

Thursday, Sep 26, 2019

Imports reduced sharply both in volume and value by 2.4 million tonnes and $1.97 billion from the same period last year.

VN imports more petroleum in July

Monday, Aug 19, 2019

Viet Nam imported more than one million tonnes of petroleum products in July worth more than US$633.2 million, up 99 per cent in volume and 107 per cent in value from the previous month.

Environmental protection tax on many commodities next year

Tuesday, Oct 23, 2018

Lawmakers have decided to raise the environmental tax on a number of commodities from January 1, 2019.

NA raises environmental protection taxes on petroleum

Friday, Sep 21, 2018

Environmental protection taxes on petroleum products will be increased from January 1, 2019, according to a resolution issued by the National Assembly Standing Committee.

VN spends $5.71 billion on petro imports in first eight months

Tuesday, Sep 04, 2018

Viet Nam imported more than 8.6 million tonnes of oil and petroleum products worth US$5.71 billion in the first eight months of this year, a year-on-year increase of 26.4 per cent.

Petrolimex increases consumption of Nghi Son Refinery products

Wednesday, Aug 08, 2018

The Viet Nam National Petroleum Group (Petrolimex) has limited the imports of petroleum products to consume products of Nghi Son Refinery factory located in the central province of Thanh Hoa since this month.

Viet Nam spent $3.6 million on petrol imports

Tuesday, Jun 12, 2018

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.

CPI under control after tax hike: MoF

Wednesday, Apr 04, 2018

The Ministry of Finance (MoF) said the ministries and localities supported its proposal to raise environmental protection tax on oil and petroleum products.

Finance Ministry proposes environmental tax hike

Saturday, Feb 24, 2018

The Ministry of Finance has proposed raising environmental protection taxes on oil and petroleum products from the current VND3,000 (13 US cents) to the ceiling level of VND4,000 (17 cents) per litre beginning July 1st 2018.

VN to import petrol for next five years

Thursday, Jun 29, 2017

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.