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price

Deputy PM calls for price stability through the end of 2026, tighter market controls

Deputy PM calls for price stability through the end of 2026, tighter market controls

Controlling inflation and maintaining macroeconomic stability remained overarching government priorities, supported by coordinated fiscal and monetary policies, tax and fee reductions, electricity price adjustments and measures to lower production costs.
Domestic petrol prices fell sharply on lower global oil prices

Domestic petrol prices fell sharply on lower global oil prices

The new prices took effect at 3pm on November 5, bringing E5 RON 92 to a maximum of VNĐ20,898 per litre and E10 RON 95-III to VNĐ21,156 per litre.
Việt Nam sharply cuts petrol prices, except mazut

Việt Nam sharply cuts petrol prices, except mazut

Following the fresh adjustment, E5RON92 gasoline is now sold at VNĐ23,203 (US$0.89) per liter, down VNĐ1,020 per liter from the previous adjustment, and VNĐ28 per liter below E10RON95-III, which is set at VNĐ23,231 per liter.
Year-end inflation challenges as CPI rises 4.57 per cent in 10 months

Year-end inflation challenges as CPI rises 4.57 per cent in 10 months

The latest s of the National Statistics Office (NSO) on November 3 showed that the consumer price index (CPI) rose by 0.2 per cent in October from the previous month, mainly due to higher domestic fuel prices in line with global...
VINPA chairman proposes centralised management of petrol price stabilisation fund

VINPA chairman proposes centralised management of petrol price stabilisation fund

Under the current mechanism, 33 major petroleum traders manage the fund through bank accounts, with contribution and disbursement levels determined by the authorities at each price adjustment cycle.
PM orders urgent measures to ensure power supply for 2027–2030

PM orders urgent measures to ensure power supply for 2027–2030

The PM also called for stronger electricity-saving measures, requiring annual savings of at least 3 per cent of national power consumption and at least 10 per cent during peak hot-weather months from April to July.
Petrol prices cut from 15:00 on Thursday

Petrol prices cut from 15:00 on Thursday

In this price adjustment, the ministries allocated VNĐ300 per litre of biofuel to the petrol price stabilisation fund, while making no withdrawals from the fund to support prices.
PM orders stronger measures to ensure power supply to support double-digit growth

PM orders stronger measures to ensure power supply to support double-digit growth

Stressing that ensuring energy security and a reliable power supply us critical as Việt Nam pursues double-digit growth, PM Hưng called on stronger determination and efforts to make necessary adjustments to the revised PDP8 to meet the rising demand.
Việt Nam updates two inflation scenarios, tightens price management for year-end

Việt Nam updates two inflation scenarios, tightens price management for year-end

Close coordination between fiscal, monetary and other macroeconomic policies is needed to maintain price stability, safeguard major economic balances and preserve room to support growth and strengthen resilience to external shocks.
Cần Thơ to implement 581,000 GoRice project

Cần Thơ to implement $581,000 GoRice project

The GoRice project aims to improve the socio-economic and environmental well-being of rice farmers in the Mekong Delta through sustainable and climate-resilient rice production practices.
Việt Nams pepper exports top 1.3 billion, maintain growth momentum

Việt Nam’s pepper exports top $1.3 billion, maintain growth momentum

The outlook for the pepper industry remains positive, but greater efforts are needed to standardise growing areas, improve product value and strengthen competitiveness.
Different stations may sell petrol at different prices under a draft decree

Different stations may sell petrol at different prices under a draft decree

The draft is being developed with aims to streamline the supply chain to improve transparency and efficiency, give businesses greater authority to set prices and moving the fuel market towards a market-based mechanism, and to accelerate digital transformation and data-based...
Việt Nam extends preferential fuel taxes through the end of 2026

Việt Nam extends preferential fuel taxes through the end of 2026

The Finance Ministry said extending the tax measures would help ensure energy security, stabilise the economy and support production amid volatile fuel prices and Middle East tensions.
Petrol price stabilisation fund proposed to be transferred to the Ministry of Finance

Petrol price stabilisation fund proposed to be transferred to the Ministry of Finance

Active fuel wholesalers would have to determine their fund balances as of the day before the decree takes effect and transfer all positive balances to the Ministry of Finance’s account.
Petrol price rises put pressure on inflation, production costs

Petrol price rises put pressure on inflation, production costs

Fuel prices have risen in four consecutive adjustments for petrol and three for diesel, adding to costs for businesses ranging from livestock producers to transport operators.