petroleum products

Tax proportion in petrol price in Vietnam is lower than the average rate

10:32 | 21/08/2023 Finance

VCN - The response document of the Ministry of Finance has specifically listed each tax rate as well as the calculation of taxes applicable to petroleum products.

Ensure supply to avoid shortage of petroleum products

10:21 | 16/10/2022 Finance

VCN - On October 7, the Ministry of Finance issued an Official Dispatch answering the Ministry of Industry and Trade on the standard price of petroleum products.

Detect sophisticated tricks in trafficking petroleum products on sea

10:01 | 27/09/2022 Anti-Smuggling

VCN - The trafficking of petroleum products on sea routes is a big problem due to its impact on the domestic economy. Especially, the surge in petroleum prices has increased petroleum smuggling with sophisticated tricks.

Many tax policies issued to stabilize petroleum products prices

09:47 | 07/08/2022 Finance

VCN - Petroleum is a key input fuel in the economy. Fuel costs account for a large portion of the cost structure of goods and services such as transportation, said the Ministry of Finance.

Coast Guard combats illegal transportation of petroleum products at sea

11:33 | 26/06/2022 Anti-Smuggling

VCN - According to the authorities, from the beginning of the year, due to the sharp increase in the price of petroleum products, the smuggling of these products from abroad into Vietnam has taken place with many sophisticated tricks at sea.

Khanh Hoa Customs maintains revenues when imports of petroleum products decrease

09:23 | 22/04/2022 Customs

VCN - At the same time, the department has refunded the overpaid tax, causing a decline in the revenue of over VND121 billion.

Logistics costs keep challenging exports in the second quarter

09:53 | 21/04/2022 Import-Export

The Russia-Ukraine conflict is hurting the supply of production materials; transportation and logistics costs keep escalating over the past two years with no sign of "cooling down".

Low quality petroleum products cause concern

20:16 | 14/04/2022 Anti-Smuggling

VCN - According to the Vietnam Directorate of Market Surveillance, from January 28, the Market Surveillance force has inspected 16,800 of 17,000 petrol stations across the country.

Quang Ninh strengthens anti-smuggling of petroleum products and minerals

09:43 | 11/03/2022 Anti-Smuggling

VCN- The department has requested units closely control and supervise imported and exported petroleum products and minerals; focus on traceability of exported minerals.

Ho Chi Minh City Customs increases revenue collection by nearly VND1,000 billion

13:44 | 10/03/2022 Customs

In the first two months of 2022, Ho Chi Minh City Customs Department collected over VND19,239 billion, an increase of VND971 billion compared to the same period last year.

Closely control quality of petroleum products

10:44 | 24/02/2021 Anti-Smuggling

VCN- According to the National Steering Committee 389, currently, smuggling and trade fraud of petroleum products take place complicatedly, especially mixing and consumption of fake and low-quality petroleum products continues to occur on some routes and