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Ho Chi Minh City
Wednesday, September 28, 2022
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fuel prices

VCCI proposes abolishing excise tax on gasoline

HCMC - The Vietnam Chamber of Commerce and Industry (VCCI) has proposed the Ministry of Finance consider abolishing the special consumption tax on gasoline...

MoF proposes VAT and special consumption tax cuts on fuels

HCMC – The Ministry of Finance (MoF) on September 23 proposed cutting special consumption tax and value added tax on fuels by up to...

Fuel retailers cry for help

HANOI – Petrol retail enterprises said they would have to cease business in the next few months if relevant policies are not revised. The volatile...

Local fuel prices fall to record lows of 2022

HCMC - Domestic fuel retail prices have dropped to record lows this year as the ministries of Industry-Trade and Finance announced their joint decision...

Fuel price stabilization fund still needed

HCMC - A majority of the members of the National Assembly's Finance and Budget Committee have agreed to maintain the fuel price stabilization fund...

Ca Mau urges locals not to hoard fuels amid shortages

HCMC – The Mekong Delta province of Ca Mau is calling on local people not to stock up on fuels to help address the...

Local fuel prices slide further

HCMC – Domestic fuel retail prices were revised down over VND1,000 per liter today, September 12, according to an announcement jointly issued by the...

PM orders adequate fuel supplies

HCMC – Prime Minister Pham Minh Chinh has told the State-owned Vietnam Oil and Gas Group (PVN) to ensure sufficient supplies of fuels on...

HCMC Finance Dept attributes price rises to higher input costs

HCMC - The HCMC Department of Finance has attributed the rising prices of essential goods to the spike in input costs, not just fuel prices. Producers...

Trade Ministry fines five fuel wholesalers

HCMC – The Ministry of Industry and Trade will impose an administrative fine on five fuel wholesalers for violations in fuel trading, instead of...

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