Taxes, fees on petrol products need reconsideration

Taxes, fees on petrol products need reconsideration

The price of E5 RON92 gasoline rose to VND31,117 per liter, an increase of VND882 per liter, and the new retail price of RON95-III gasoline was VND32,375 per liter, an increase of VND797 per liter on the afternoon of June 13.
Petrol prices continue to climb

Petrol prices continue to climb

Gasoline prices in Vietnam slightly edged up on the afternoon of May 4 due to the impact of increasing global gasoline prices, while oil prices basically dropped or were stable.
Fuel prices slightly increase, price of RON95 gasoline unchanged

Fuel prices slightly increase, price of RON95 gasoline unchanged

Due to new Covid-19 cases and unchanged global fuel prices, the ministries of Finance and Industry and Trade on July 28 decided to keep the price of RON95 gasoline unchanged, just slightly increase the prices of the remaining petroleum products.

Ministry ensures sufficient fuel supply

Ministry ensures sufficient fuel supply

Amid the context that many people in some places flocked to buy gasoline and oil for stockpiling, the representative of the Ministry of Industry and Trade (MoIT) affirmed that the domestic supply of fuel is always sufficient to serve the demand for production and trade of enterprises and the consumption demand of people.
Fuel prices sharply decline

Fuel prices sharply decline

The price of fuel in Vietnam simultaneously dropped as of 3 p.m. on February 14, according to the order by the ministries of Industry and Trade and Finance.
Fuel prices end losing streak

Fuel prices end losing streak

The ministries of Finance and Industry and Trade on July 2 ordered fuel wholesalers to raise fuel prices after lowering them in three previous adjustment periods.
Fuel prices drop simultaneously

Fuel prices drop simultaneously

The ministries of Finance and Industry and Trade one June 17 ordered petrol wholesalers to lower fuel prices as of 3 p.m.
Ministry proposes environmental protection tax cut for biofuel

Ministry proposes environmental protection tax cut for biofuel

The Ministry of Industry and Trade said that it has proposed the Prime Minister to consider adjusting the environmental protection tax rate for biofuel in general and E5 RON92 ethanol gasoline blend in particular so as to create a basic and large enough difference in price between biofuel and fossil fuel that is able to convince consumers to use biofuel.
Fuel escalates, gold plummets

Fuel escalates, gold plummets

The ministries of Finance and Industry and Trade on May 2 ordered fuel wholesalers to simultaneously raise the prices of petrol in Vietnam as of 4 p.m, the third consecutive time since April.