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Special consumption tax on gasoline still in place

Ngoc Nguyen -
HCMC - The Ministry of Finance refused to lift the special consumption tax on gasoline at the second extraordinary meeting as the country fights...
News

Nearly US$7.4 billion spent on fuel imports from Jan-Oct

Nhu Phu -
HCMC – Vietnam spent some US$7.4 billion importing 7.12 million tons of oil and gasoline products between January and October, up 22.7% in volume...
Trade

Gasoline prices move sideways, oil prices down slightly

Hong Ngan -
HCMC – Domestic retail prices of gasoline saw little change versus 10 days ago, while the prices of oil products, except for heavy fuel...
Other News

NA deputies say relevant ministries must bear responsibility for fuel dearth

Nhu Phu -
HCMC - The ongoing short supply of gasoline on the local market is an unusual phenomenon, requiring higher responsibility from the relevant ministries and...
News

Import duty cut proposed for ethanol, other petroleum liquids

Thanh Tam -
HCMC – The Ministry of Finance (MOF) has proposed cutting the most-favored-nation (MFN) import duty to 10% ethanol and petroleum liquids which have different octane...
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Song Hau 1 power plant inaugurated in Hau Giang

Kim Ngan -
 The nearly-US$2-billion Song Hau 1 thermo-power station was inaugurated on July 16, in the Mekong Delta province of Hau Giang.
News

Fuel prices rise further amid global oil price surge

Nhu Phu -
HCMC – The price of the high-grade RON95 gasoline climbed by VND800 per liter to a fresh record of VND32,270 a liter today, June...
News

Fuel prices hit all-time highs

Thanh Ha -
HCMC – Traders revised up fuel prices to all-time highs beginning 3:00 p.m. today following a decision to this effect jointly issued by the...
Trade

Local fuel prices soar to all-time highs

Thanh Ha -
HCMC – The price of RON95 gasoline was revised up by VND1,550 a liter today, May 11, to hit an all-time high, while bio-fuel...
News

Finance Ministry proposes reducing environmental protection tax on fuel

Minh Tuan -
HCMC – The Ministry of Finance has proposed reducing the environmental protection tax by VND500-1,000 on each liter of fuel until the end of...
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