Be careful when changing fuel pricing formula

Be careful when changing fuel pricing formula

VCN – Petroleum is an important and essential commodity for the economy, society, and people's lives, so the Ministry of Finance suggested that the Ministry of Industry and Trade conduct a detailed review to identify the best timing and roadmap for changi
VN to increase national fuel reserves

VN to increase national fuel reserves

The Ministry of Industry and Trade has put forward a proposal to increase the country's fuel reserve by as much as four times, said Lê Việt Nga deputy head of the ministry's domestic market department during a conference on Thursday in Hà Nội.nbsp;
Transport enterprises "live together" with the "price storm" of fuel

Transport enterprises "live together" with the "price storm" of fuel

VCN - Facing the pressure of continuously increasing fuel prices, many transport enterprises are having to balance revenue and expenditure, and at the same time have appropriate plans to maintain operations.
Breakthrough solutions needed to fuel recovery: NA leader

Breakthrough solutions needed to fuel recovery: NA leader

The Vietnam Economic Forum 2021 on December 5, which spent much time on discussing fiscal and monetary policies, social welfare policies, and labour issues during economic recovery and development, was a success, Chairman of the National Assembly Vuong Dinh Hue said in his closing remarks at the event.
Maritime transport will be affected by rising costs due to fuel regulations

Maritime transport will be affected by rising costs due to fuel regulations

VCN- According to Vietnam Maritime Administration, in the first quarter of 2019, Vietnam's seaports system received more than 128 million tons of goods, an increase of 7% compared to the same period in 2018, of which container cargo reached nearly 4.1 mil
Bio-fuel consumption increases 31.8%

Bio-fuel consumption increases 31.8%

Consumption of bio-fuel E5 RON 92 nationwide increased 31.8 percent in the first half of this year to 1.78 million cubic metres, according to the Ministry of Industry and Trade.
Competent agencies try to fight against adulteration of fuel

Competent agencies try to fight against adulteration of fuel

Petrol smuggling and trade fraud continues to be a big problem in Vietnam, with several cases of fake and poor quality gasoline discovered by Government agencies.
Fuel price hike strains businesses

Fuel price hike strains businesses

Businesses are trying to keep the prices of consumer goods down despite recent fuel price hikes
Import cars decrease leads to decline revenue by 1,000 billion vnd at HCM City Customs

Import cars decrease leads to decline revenue by 1,000 billion vnd at HCM City Customs

Only in July 2017, the number of imported cars through seaport of HCM City decline by 1,000 cars, it leads to decrease in budget collection by 1,000 billion vnd
Roapmad on emission control: Difficult due to lack of initiatives

Roapmad on emission control: Difficult due to lack of initiatives

VCN- The implementation of the Decision has been still problematic.
Information of replacing RON 92 gasoline in June 2017 is not accurate

Information of replacing RON 92 gasoline in June 2017 is not accurate

Representing leaders of the MOIT have made an official response to the news of replacing RON 92 mineral gasoline with E5 bio gasoline in June 2017.
Implementation roadmap of standards for emission: Worries about fuel

Implementation roadmap of standards for emission: Worries about fuel

The Prime Minister has issued the roadmap for application of standards for emission
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