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Ministry of Industry and Trade halts sanctions on five fuel suppliers

The Ky -
HCMC - Amid the severe fuel disruption, the inspectors of the Ministry of Industry and Trade decided to delay sanctions on five fuel wholesalers...
Trade

Nghe An seizes vessel for allegedly smuggling fuel

Hong Ngan -
HCMC – The police in the north-central province of Nghe An seized a vessel for allegedly smuggling one million liters of bio-fuel E5 gasoline...
Investment

Petrolimex seeks to invest in oil refinery in Japan

Nhu Phu -
HCMC –  At a teleconference chaired by Prime Minister Pham Minh Chinh on March 24, the Vietnam National Petroleum Group (Petrolimex) proposed the prime...
News

Reduction in environment tax on fuel to enter into force from April 1

Nhu Phu -
HCMC – The National Assembly (NA) Standing Committee has approved the Government’s proposal to cut the environmental protection tax on fuel from April 1,...
Nation

Gia Lai seizes trucks transporting 10,000 liters of fuel without license

Hong Ngan -
HCMC – The police in Gia Lai Province seized a tank truck which was transporting 10,000 liters of diesel oil without a flammable materials...
Other News

Deputy PM says oil refinery will be built in Vung Tau

Nhu Phu -
HCMC – The Government is planning to develop an oil refinery with an annual capacity of 10 million tons of fuels in Ba Ria-Vung...
News

Fuel prices soar to all-time highs

Hong Ngan -
HCMC – Domestic fuel prices soared for the seventh straight time, with effect from 3 p.m. today, March 11, amid global oil market volatility. The...
News

Finance Ministry okays large reduction of environmental protection tax on fuel

Nhu Phu -
HCMC – After garnering feedback on adjusting the environmental protection tax on fuel, the Ministry of Finance on March 10 approved cutting the tax...
Trade

Vietnam to import 2.4 million cubic meters of fuel in Q2

Nhu Phu -
HCMC — The Ministry of Industry and Trade has decided to ramp up fuel imports and asked 10 firms to import 2.4 million cubic...
podcast

PM asks ministries to weigh fuel tax cut

Kim Ngan -
 Prime Minister Pham Minh Chinh has ordered the Ministries of Finance and Industry-Trade to prepare a study on the reduction of environmental protection tax...
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