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The Saigon Times

Saigon Times Group is a leading Vietnamese media organization with prestigious business and consumer publications. After three decades of development, we have built a good reputation through our publications on economy, business and markets for Vietnamese and foreign readers.

Basic

Free

  • Free access to daily domestic news, podcasts and videos

Premium

$5 $1 /month
(VND 23,900)
Monthly Annual

  • Unlimited access to domestic news, podcasts, videos and magazine articles on current social / economic / trade / investment issues, commodity / financial/securities markets, M&A activity, FDI, local and foreign business communities and more.

AUTOMATIC RENEWAL REMINDER

  • Your payment method will then be automatically charged ₫ 899.000 every 365 days thereafter.
  • Your subscription will continue until you cancel.
  • You can cancel by using My account. Under My account, select "Unsubscribe" and then follow the instructions to cancel.
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Ho Chi Minh City
Saturday, May 24, 2025

Relevant agencies, firms asked to join hands to ease fuel shortage

The Saigon Times

Must read

HCMC – The Ministry of Industry and Trade has written to the relevant ministries, agencies, firms and local authorities urging them to join hands to tackle the ongoing fuel shortfall.

In its recent dispatch, the ministry said that the number of gas stations suspending operations is on the rise, so it is necessary to strengthen support measures to ensure sufficient fuel supply for domestic consumption, the local media reported.

The ministry proposed the ministries of Public Security and Transport and the governments of provinces and cities create favorable conditions for vehicles transporting fuels to gas stations, especially during rush hours.

The nation’s two oil refineries, Nghi Son and Binh Son, were told to maximize their production, speed up delivery to fuel firms, and supply fuels to wholesalers, including those who have yet to sign a purchase contract, to ease the severe fuel shortage.

Besides, the Ministry of Industry and Trade asked the State-owned Vietnam Oil and Gas Group (PVN) to urge PVOil to actively import gasoline and maintain the operation of gas stations.

The ministry had earlier proposed the State Bank of Vietnam ask commercial banks to help fuel firms gain easier access to loans.

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