vietnam's fuel market

Update news vietnam's fuel market

Despite big losses, filling stations told to keep selling gasoline

Filling stations must sell gasoline at ceiling prices set by the Ministry of Industry and Trade (MOIT), though they are incurring big losses.

Licenses to be revoked for some petrol distributors

The Ministry of Industry and Trade (MOIT) has issued a series of decisions on revoking certificates for petrol distributors.

Fuel businesses cry for help

Hundreds of fuel companies have written to the prime minister saying the current regulations are putting a strain on their operations.