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Sunday, April 20, 2025

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fuel prices

Ministry of Finance seeks to drop fuel price stabilization fund

HCMC – The Ministry of Finance said it was high time to consider eliminating the fuel price stabilization fund to let market supply and...

Fuel reserves enough for 6-1/2 days of consumption

HCMC - The Ministry of Industry and Trade in a recent report said that the national fuel reserves are enough for six days and...

Seven petroleum wholesalers’ licenses suspended

HCMC - The Ministry of Industry and Trade suspended the operating licenses of seven key petroleum import and export businesses after inspecting 33 wholesalers...

Fuel prices inch down for 5th straight time

HCMC – Domestic fuel prices dropped by VND900-1,200 per liter or kilogram starting from 3 p.m. today, August 11, after the adjustment jointly made...

MFN tariff on gasoline lowered to 10%

HCMC – The Government has given the nod to halve the most-favored-nation (MFN) import tariff on unleaded gasoline to 10% from the current 20%. The decision...

Vietnam spends US$5 billion importing oil in H1

HCMC – Vietnam imported petroleum products worth US$5 billion the first half of the year, surging by 128% year on year. According to data from...

Local fuel prices inch down

HCMC – Domestic fuel prices fell by VND450-950 per liter or kilogram starting from 3 p.m. today, August 1, according to an announcement jointly...

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