gasoline

The Vietnam Directorate of Market Surveillance signed official letter No. 548 requesting inspection and issuing harsh penalties on sellers of substandard petroleum.

Several ancient trees in the protection forest at Van Canh District (Binh Dinh Province) have been illegally logged without detection of forest rangers working nearby.

Vietnam’s energy transition is facing challenges, especially as the transition is expected to ensure energy security, power supply, and reasonable costs.

According to reports from multiple petrol retailers, fuel wholesalers and distributors have once again lowered discount rates, which could result in the closure and suspension of operations for petrol retailers due to losses.

Vietnam's petrol and oil imports increased sharply in the first two months of 2023, reaching US$1.7 billion, a surge of 56.3% year on year, the Ministry of Industry and Trade (MoIT) has reported.

Vietnam ranked third among Laos’ export markets in January with a total value amounting to about US$65 million.

Director of Ba Ria – Vung Tau Power Corporation Nguyen Van Giap directed its sub-units to overcome the lack situation of diesel fuel triggering the risk of suspension of the An Hoi Power Plant in Con Dao District.

The retail price of petrol saw a slight decrease following the latest regular adjustment at 3 pm on March 1 by the Ministry of Industry and Trade and the Ministry of Finance.

The production and business sectors, the pillar of the economy, cannot escape the burden of borrowing costs either.

According to historical documents the 70 km long Saigon-My Tho railway line was the first railway line in Vietnam in the once Indochina region which began operations on 20 July 1885.

Last year, Vietnam's aviation market was rated as the world's fastest recovery. However, the business reports of large carriers show that the more they fly, the more they lose money.

The Vietnam Chamber of Commerce and Industry (VCCI) has just sent formal dispatch No.0125/LDTM-PC to the Governmental Office about fuel trading prices.

Vietnam lured US$1.69 billion worth of foreign investment in the first month of 2023, down 19.8 percent year-on-year, according to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.

Ho Chi Minh City authorities made a proposal to clear bottlenecks for healthy and sustainable development of the real estate market.

The Ministry of Industry and Trade (MoIT), on January 27, said that the petroleum sale in Ho Chi Minh City was stable. Petrol stations normally operated to serve the travel needs of people, and there was no situation of hoarding and overcharging.

Mr. Phan Van Mai, Chairman of the People's Committee of Ho Chi Minh City, on January 19, led a delegation to visit, encourage, and congratulate the employees of Petrolimex Company Zone 2 (Petrolimex Saigon).

The Vietnam Directorate of Market Surveillance directed to impose tough penalties on violators in the field of fuel business.

The inter-ministries of Industry and Trade - Finance decided to keep the prices of gasoline RON95 and E5 RON92 unchanged.

The retail prices of petrol were increased in the latest adjustment on January 3 by the Ministry of Industry and Trade and the Ministry of Finance.

The new gasoline prices are adjusted by the Ministry of Industry and Trade from the beginning of January 1, 2023.