Tags

fuel market

Retail fuel prices cut from Thursday afternoon

Retail fuel prices cut from Thursday afternoon

Retail fuel prices were simultaneously reduced from 15:00 on Thursday following the latest adjustment by the Ministry of Industry and Trade (MoIT) and and the Ministry of Finance, with E5RON92 biofuel recording the sharpest decline.
Fuel prices drop again from April 23 afternoon

Fuel prices drop again from April 23 afternoon

Accordingly, the price of E5RON92 biofuel is capped at VNĐ21,834 (US$0.83) per litre, down VNĐ100, and remaining VNĐ1,046 lower than RON95-III. The price of RON95-III is set at no more than VNĐ22,880 per litre, down VNĐ162.
ACV considers fee reductions to ease airline cost pressures

ACV considers fee reductions to ease airline cost pressures

ACV is weighing cuts to aviation service fees as jet fuel prices rise again amid Middle East tensions.
Ministry seeks solutions as fuel-driven surge in materials prices weigh on construction cost

Ministry seeks solutions as fuel-driven surge in materials prices weigh on construction cost

Fuel prices, particularly for diesel, jumped significantly in March, pushing up prices across a range of construction materials due to higher production and transportation expenses.
Strict measures imposed on fuel smugglers

Strict measures imposed on fuel smugglers

The move was made after the media reported some individuals and small traders in border areas, especially at Quảng Trị''s Lao Bảo Border Gate, smuggled fuel into neighbouring countries for sale, profiting from price differences.
Việt Nam ensures sufficient fuel supply through April amid global uncertainties

Việt Nam ensures sufficient fuel supply through April amid global uncertainties

Importers brought in approximately 3.2 million cubic metres of fuel in March. Combined with current inventories of around 1.6–1.8 million cubic metres, this volume is expected to fully meet domestic demand until the end of April.
Hà Nội moves to curb fuel hoarding after rush at petrol stations

Hà Nội moves to curb fuel hoarding after rush at petrol stations

City officials say the recent rush to petrol stations was driven largely by public anxiety rather than any real supply shortage, as regulators move to stabilise the market.
Greater cooperation needed between fuel traders and retailers

Greater cooperation needed between fuel traders and retailers

According to Nguyen Tien Thoa, former head of the price department under the Ministry of Finance, the root of the issue in the domestic fuel market was a failure to adhere to market principles, despite the central government''s issuance of...
Recalculating base prices and retailers bonus key to stabilise fuel market: MPI

Recalculating base prices and retailers' bonus key to stabilise fuel market: MPI

Recalculating base fuel retail prices and granting retailers a minimum bonus were among a number of suggestions made by the Ministry of Planning and Investment (MPI) as measures to put a stop to fuel retail disruption, as seen last year...
Large-cap stocks fuel market rebound

Large-cap stocks fuel market rebound

Shares rebounded yesterday on the two national stock exchanges on stronger investor confidence, boosted by return of foreign buys.