petrol price

Latest News about petrol price

After petrol, gas now sees price increaseicon
BUSINESS02/11/20210

After petrol, gas now sees price increase

The gas price on October 31 increased by another VND17,000, raising the price to VND500,000 for a 12 kilogram tank.

 
Tax cut proposed to stabilise domestic petrol priceicon

Tax cut proposed to stabilise domestic petrol price

BUSINESS
13/10/2021

Calls have been made for tax cuts to stabilise domestic fuel prices as global oil prices see continual increases.

Domestic petrol prices to reach new highs on global market rallyicon

Domestic petrol prices to reach new highs on global market rally

BUSINESS
10/10/2021

Retail petrol prices in Vietnam are likely to reach new highs when the Ministry of Finance and the Ministry of Industry and Trade announce their price adjustments on October 11.

Petrol price rises VND700 per liter on June 26icon

Petrol price rises VND700 per liter on June 26

BUSINESS
27/06/2021

The Ministry of Industry and Trade (MoIT) and the Ministry of Finance (MoF) announced the adjustment of petrol prices at 3 p.m. on June 26.

Petrol prices rise slightly in latest adjustmenticon

Petrol prices rise slightly in latest adjustment

BUSINESS
28/03/2021

Retail petrol prices rose from 3pm on March 27 following the latest review by the Ministry of Industry and Trade and the Ministry of Finance.

Petrol price to reach record highicon

Petrol price to reach record high

BUSINESS
11/03/2021

The petrol price is expected to be raised on March 12, at the price adjustment session, as world prices are on the rise. Experts predict that the E5 RON 92 petrol may increase by VND600 per liter.

Petrol firm Petrolimex reports a loss of VND1.9 trillionicon

Petrol firm Petrolimex reports a loss of VND1.9 trillion

BUSINESS
07/05/2020

The Vietnam National Petroleum Group (Petrolimex) reported a loss of nearly VND1.9 trillion (US$80.75 million) in the first quarter of 2020 as consumption was dampened by the coronavirus outbreak.  

Petrol prices see sharp fall of up to 4,252 VND per litreicon

Petrol prices see sharp fall of up to 4,252 VND per litre

BUSINESS
29/03/2020

The retail prices of petrol plummeted from 3pm of March 29, making it the sixth consecutive reduction since the beginning of this year.

How wide will Vietnam open its petroleum distribution market?icon

How wide will Vietnam open its petroleum distribution market?

BUSINESS
10/01/2020

Experts believe that the opening of the petroleum distribution market at a certain level will help the market operate better.

Inflation pressure exists, but overall risks not too high: economistsicon

Inflation pressure exists, but overall risks not too high: economists

BUSINESS
14/05/2019

The price hike of many essential goods recently has put pressure on inflation, but economists believe the inflation rate will be at below 4 percent as targeted.

Petrol price hikes deal a blow to economyicon

Petrol price hikes deal a blow to economy

BUSINESS
13/05/2019

Experts have warned that if the government doesn’t cut the environmental protection tax and fees on petroleum products, the national economy will suffer.