Petrol, oil prices drop

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SaiGon GP English 7 hour(s) ago

Gasoline, diesel, kerosene and mazut prices slightly reduced yesterday, announced the Ministry of Industry and Trade and the Ministry of Finance.

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Vietnam gasoline pump prices fall

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Báo Thanh Niên English 1 day(s) ago

Vietnam gasoline pump prices fall

A fuel station in Hanoi. Photo: Ngoc Thang

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Vietnam fuel behemoth initiates petroleum port, bonded warehouse projects on Phu Quoc

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Báo Tuổi Trẻ English 6 day(s) ago 1 related news

Vietnam fuel behemoth initiates petroleum port, bonded warehouse projects on Phu Quoc

The Vietnam Oil and Gas Group (PetroVietnam) has begun executing projects worth more than US$250 million to construct an integrated petroleum service port and a bonded warehouse to store gasoline on Phu Quoc Island in southern Vietnam.

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BUSINESS IN BRIEF 27/6

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VietnamNet English 1 week(s) ago 2 related news

Jan-Jun business startups surge in HCMC

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CPI increases 0.35 percent in June

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SaiGon GP English 1 week(s) ago

June Consumer Price Index (CPI) increased 0.35 percent against May and 1 percent over the same period last year, reported the General Statistics Office.

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E5 biofuel widely sold in central Vietnam, as planned, but not in south

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Báo Tuổi Trẻ English 2 week(s) ago

E5 biofuel widely sold in central Vietnam, as planned, but not in south

E5 biofuel has become popular in the central region, while it is still hard to find a filling station selling it in Ho Chi Minh City, more than six months into a campaign launched by the government to boost the use of the biofuel in Vietnam.

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Gasoline prices hiked further

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Báo Thanh Niên English 2 week(s) ago

Gasoline prices hiked further

Vietnamese gasoline retailers increased prices by another 1.5 percent this afternoon, the fourth price hike in a row this year.

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Hijacked Orkim Harmony tanker released, pirates escape

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Báo Tuổi Trẻ English 2 week(s) ago 2 related news

Hijacked Orkim Harmony tanker released, pirates escape

The hijacked oil tanker Orkim Harmony has been released by pirates, who fled in the ship's rescue boat, Malaysian navy and maritime officials said on Friday.

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Missing oil tanker MT Orkim Harmony detected in Cambodian waters: report

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Báo Thanh Niên English 2 week(s) ago 2 related news

Missing oil tanker MT Orkim Harmony detected in Cambodian waters: report

The oil tanker that was hijacked off the south-east coast of Malaysia last week has been detected in Cambodian waters, according to local media reports on Thursday.

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Government encourages bio-gasoline consumption

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SaiGon GP English 2 week(s) ago

Deputy Prime Minister Hoang Trung Hai has instructed some ministries to build a national level media program to publicize ethanol gasoline E5 and encourage residents to consume the blend in all provinces and cities by the end of this year.

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Vietnam's legislators demand more transparency in gas, power prices

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Báo Thanh Niên English 3 week(s) ago

Vietnam's legislators demand more transparency in gas, power prices

The calculation of gasoline and electricity prices should be publicized so that local consumers can easily monitor them, chairman of the National Assembly said Friday.

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Ethanol gasoline to go on sale nationwide: Deputy PM

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SaiGon GP English 3 week(s) ago

Ethanol gasoline to go on sale nationwide: Deputy PM

Deputy Prime Minister Hoang Trung Hai on June 9 instructed relevant sides to make preparations for selling ethanol gasoline E5 nationwide at a meeting on the blend consumption this year.

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Finance Ministry refuses petrol price increase by environmental tax hike

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SaiGon GP English 1 month(s) ago 1 related news

The Ministry of Finance yesterday reaffirmed that the recently increase of 300 percent on environmental tax rate did not push petrol price up as it was made in combination with import tariff cut.

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Petrolimex incurs huge losses

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VietnamNet English 1 month(s) ago

Petrolimex incurs huge losses

VietNamNet Bridge – Holding nearly 50% of the domestic gasoline market, Petrolimex Group suffered huge losses last year, mainly caused by its subsidiary in Singapore.

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Year-to-date 30% hike in gasoline price reasonable: Vietnam minister

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Báo Tuổi Trẻ English 1 month(s) ago 1 related news

Year-to-date 30% hike in gasoline price reasonable: Vietnam minister

A 30-percent rise in local gasoline prices in the year to date is reasonable because the global oil price has surged 38 percent since February, Vietnamese Minister Finance Dinh Tien Dung said during a recent TV program.

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