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prices

Ride-hailing firms raise fees as market shifts focus to profitability

Ride-hailing firms raise fees as market shifts focus to profitability

The ride-hailing market in Việt Nam is entering a new phase of competition as major platforms raise service fees and fares after years of relying on subsidies and promotions to attract users.
Govt will not manage kerosene prices from April 29

Gov’t will not manage kerosene prices from April 29

Việt Nam will stop regulating kerosene prices from April 29, allowing businesses to set retail prices based on market conditions under a new decree issued by the Ministry of Industry and Trade on Tuesday.
Kerosene temporarily excluded from fuel base pricing

Kerosene temporarily excluded from fuel base pricing

The Ministry of Industry and Trade has temporarily suspended the use of kerosene in the calculation of fuel base price until April 28, according to the ministry’s Decision 571 dated March 28.
Free-market USD tumbles as gap with official rates shrinks

Free-market USD tumbles as gap with official rates shrinks

The US dollar plunged on the free market while holding firm in banks, signalling easing speculation pressure and a narrowing gap between official and unofficial rates.
Construction material firms raise prices as energy costs surge

Construction material firms raise prices as energy costs surge

The VACC has urged the Government to introduce support measures, warning that volatility in fuel and material prices is directly affecting contractors, particularly those involved in transport infrastructure projects that consume large volumes of fuel and bulk materials.
Việt Nam considers listing silver bullion on commodity exchange

Việt Nam considers listing silver bullion on commodity exchange

Việt Nam is considering listing silver bullion for trading on the Mercantile Exchange of Việt Nam to standardise transactions and improve transparency in a rapidly growing market amid volatile global prices.
Retail fuel prices increased sharply, RON95 up more than VNĐ5,000 per litre

Retail fuel prices increased sharply, RON95 up more than VNĐ5,000 per litre

Việt Nam increased retail fuel prices from 11pm on Wednesday with increases by VNĐ3,520 to VNĐ9,000 per litre while the fuel price stabilization fund continues to be tapped at VNĐ3,000-4,000 per litre.
Most fuel prices slightly increase after sharp drop

Most fuel prices slightly increase after sharp drop

Domestic retail fuel prices mostly increased slightly from 10pm on March 12 in the latest adjustment by the ministries of Industry and Trade, and Finance, after a sharp a day earlier.
Customs tightens controls to prevent cross-border fuel smuggling

Customs tightens controls to prevent cross-border fuel smuggling

As of March 9, the retail price of RON95 gasoline in Việt Nam stood at VNĐ27,047 (US$1.04) per litre, compared with about VNĐ31,000 per litre in Cambodia and VNĐ39,000 per litre in Laos.
Fuel prices rose again, price stabilisation fund tapped to cushion the increase

Fuel prices rose again, price stabilisation fund tapped to cushion the increase

According to an announcement by the Ministry of Industry and Trade effective from 11.45pm Tuesday, the price of RON95-III gasoline rose by VNĐ2,080 per litre to VNĐ29,120.
Tết spending pushes Việt Nams February CPI up 1.14 per cent

Tết spending pushes Việt Nam’s February CPI up 1.14 per cent

Việt Nam’s CPI rises 1.14 per cent in February as Tết demand drives up food and travel costs.
God of Wealth Day sparks gold rush

God of Wealth Day sparks gold rush

Traditionally regarded as an auspicious occasion for businesspeople, the Day of the God of Wealth has long been associated with the custom of buying gold to pray for prosperity and financial luck. The ritual has evolved into a recurring seasonal...
Rising Tết travel prices fail to dampen spending on experiences

Rising Tết travel prices fail to dampen spending on experiences

Tour prices for the upcoming Tết holiday are generally 5 per cent to 15 per cent higher than a year earlier, depending on destination and departure date, according to several travel agencies.
Draft decree proposes allowing petrol traders to set prices

Draft decree proposes allowing petrol traders to set prices

The petroleum market is set for a major overhaul this year as the power to decide the retail prices is proposed to be handed to businesses, replacing the current state management system in a move toward a more market-based mechanism.
Key forces shaping car prices in 2026

Key forces shaping car prices in 2026

Taken together, tax policies, international trade dynamics and competitive pressures suggest that 2026 is likely to be a turning point for declining car prices in Việt Nam.