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Experts warn of Russia-Ukraine crisis impact on Vietnamese economy

 The escalating Russia-Ukraine military conflict would result in disruptions in the supply chain and increase the production cost in Vietnam, some experts have warned.

VCCI proposes larger reduction on environment tax on fuel than Finance Ministry

HCMC – The Vietnam Chamber of Commerce and Industry (VCCI) has proposed reducing the environmental protection tax by VND1,000-2,000 on each liter of fuel,...

Gov’t wants visa waiver for int’l tourists reinstated

 The prime minister has urged the Ministry of Foreign Affairs to reinstate the visa waiver for international travelers to revive the country’s pandemic-battered tourism...

Taxes, fees should be cut amid fuel price hike: official

HCMC – If the fuel prices are revised up further in the coming periods, some taxes and fees should be reduced to stabilize the...

Local fuel prices revised up for fifth straight time

HCMC – The domestic retail prices of petrol were hiked for the fifth straight time at 3.00 p.m. today, February 21, up nearly VND1,000...

Nghi Son Refinery on verge of suspension

HCMC - Nghi Son Refinery and Petrochemical LLC (NSRP) has cut the output of its refinery from 105% of designed capacity to 80% and...

CPI in Jan-Nov lowest in five years

HCMC - Vietnam’s consumer price index (CPI) from January to November inched up a mere 1.84% year-on-year, the lowest level for the same period...

Domestic fuel prices plunge

HCMC – Local retail fuel prices were revised down sharply today, November 25, after having soared five consecutive times, according to an announcement jointly...

Freight charges up 5-10% as fuel prices soar

HCMC - Transport companies have adjusted up their freight charges by 5-10% as a result of higher fuel and other costs, according to Bui...

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