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petrol shortage
The MoIT asked Nghi Son company and Binh Son Refining and Petrochemical JSC, which operates Dung Quat oil refinery in central Quang Ngai province, to maximise their capacity and use stockpiles or other sources to make up for the reduction.
Hanoi's motorists queue at midnight to fill up
NA deputies say relevant ministries must bear responsibility for fuel dearth
Insufficient gasoline supply in HCM City occurs again
Ministries trade blame for disrupted petrol supply
Mekong Delta highly likely to face large-scale petroleum supply disruption
No petrol shortage for domestic use: Trade ministry
Service drivers quit amid petrol shortage crisis
VN transport firms hit by fuel price hikes
The fuel price has been increasing over the last two months, dealing another blow to transport firms that have not recovered from Covid-19.
As petrol prices continue to increase, transport firms may reduce services
If petrol and DO prices continue to stay high, transport firms may have to reduce services and routes, or stop operation temporarily.
Vietnam’s petrol price 65th cheapest in world, but still expensive to consumers
Statistics show that petrol prices in Vietnam are lower than in many countries and territories. However, but people complain that the prices are too high.
Fuel supply sufficient, only 30 of 16,000 filling stations have stopped selling
Only 20-30 out of 16,000 filling stations nationwide have stopped selling petrol amid reports that fuel was running out, which has prompted people to rush to buy petrol for hoarding.
Petrol prices reach historic peaks: which tools should be used?
On February 21, petrol prices set a new record after the Ministry of Industry and Trade and the Ministry of Finance decided to increase the price of all kinds of petrol and oil.
Trade Ministry suggests auctioning over 100 million liters of gasoline in national reserves
The Ministry of Industry and Trade has consulted with the Ministries of Finance and Planning and Investment over a plan to auction more than 100 million liters of RON92 gasoline, which is used to produce bio-fuel E5, in the national reserves.
Petrol price hike deals blow to business recovery efforts
Domestic petrol prices have hit an eight-year record high following the latest price adjustments made on February 21, dealing a heavy blow to ongoing recovery efforts of firms that have borne the brunt of the prolonged COVID-19 pandemic.
Oil price may hit 120 USD/barrel, Vietnam to face challenges
Oil prices have increased sharply in recent days following the tension between Russia and the West over Ukraine. The high price of oil and fears of an escalation of war have hit commodity and financial markets.
Trade Ministry to inspect major fuel suppliers
The Ministry of Industry and Trade will launch unannounced inspections of major oil and petroleum suppliers amid fluctuations facing the fuel supply chain.
Rising oil and gas prices would put brake on economy: expert
The rising global oil and gas prices will affect domestic production as oil and gas cost makes up around 3.52 percent of the economy's total production costs, thus pushing up product prices.
Fuel shortage raises need of Nghi Son’s restructuring
Domestic petrol prices hit an 8-year high after the Ministry of Industry and Trade (MoIT) adjusted the retail prices up by around 3.9 per cent on Friday – its third consecutive increase this year and the fourth in a row.
Petroleum speculation task force set up
The Ministry of Industry and Trade has set up a business activity task force to prevent petroleum speculation.
