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Fuel shortage
Industry and Trade Ministry proposes allowing gasoline businesses to set retail prices

Industry and Trade Ministry proposes allowing gasoline businesses to set retail prices

The government will no longer intervene in setting retail prices, but will allow enterprises to decide them, according to a new government decree on gasoline and oil trading.
Fuel supply to increase by 10-15% next year

Fuel supply to increase by 10-15% next year

HCMC wants gasoline prices adjusted every few days

HCMC wants gasoline prices adjusted every few days

Low imports cause gasoline shortage

Low imports cause gasoline shortage

The current partial shortage of gasoline and oil has been caused by wholesalers not importing sufficient amounts, says said Deputy Minister of Industry and Trade Do Thang Hai.
November 16, 2022 | 08:34 pm PT
Cost distortions cause reduced gasoline imports, shortages

Cost distortions cause reduced gasoline imports, shortages

The gasoline shortage is caused by improper price management mechanisms that have dried up imports, Nguyen Khac Quoc Bao, vice rector of the University of Economics HCMC’s College of Technology and Design, tells VnExpress.
November 15, 2022 | 08:49 pm PT
Price hikes fail to abate gasoline shortage

Price hikes fail to abate gasoline shortage

Gasoline shortages continue to be reported in Hanoi and Ho Chi Minh City with retailers complaining that pump prices still do not fully reflect their costs.
November 14, 2022 | 08:52 pm PT
PM demands solutions to prolonged fuel shortages

PM demands solutions to prolonged fuel shortages

Prime Minister Pham Minh Chinh has requested the Ministry of Industry and Trade to instruct businesses to ensure oil and gas supplies, preventing shortages from recurring.
November 12, 2022 | 03:46 am PT
Hanoians swarm gas stations in midnight rush

Hanoians swarm gas stations in midnight rush

Seeing hundreds queuing up at a gas station on Hanoi's Tam Trinh Street, Hong Hanh decided to find another outlet though it was past midnight.
November 11, 2022 | 07:08 am PT
Gasoline price sees 4th straight hike

Gasoline price sees 4th straight hike

Gasoline retail prices rose for the fourth straight time Friday after rising transportation cost was acknowledged to increase retailer commission.
November 11, 2022 | 01:25 am PT
Gasoline shortage prompts Dung Quat refinery to increase production

Gasoline shortage prompts Dung Quat refinery to increase production

The Dung Quat Refinery in central Vietnam has increased production to 112% of capacity, as several localities struggle with gasoline shortages.
November 5, 2022 | 11:59 pm PT
Gasoline vendors back in business on cities' streets

Gasoline vendors back in business on cities' streets

The sight of street-side hawkers of gasoline has returned to Hanoi and Ho Chi Minh City after several decades, as gas stations continue to report shortages.
November 5, 2022 | 09:07 pm PT
Fuel shortage upends daily life in HCMC

Fuel shortage upends daily life in HCMC

Mauritz Pretorius has to go to several gas stations before he can fill his motorbike with VND50,000 ($2) worth of fuel since it has become scarce.
November 3, 2022 | 04:06 pm PT
Gasoline wholesalers required to sell reserves amid fuel shortage

Gasoline wholesalers required to sell reserves amid fuel shortage

The Ministry of Industry and Trade has requested state-run gasoline and oil wholesalers to sell their commercial reserves to mitigate fuel shortages in some localities.
November 3, 2022 | 02:57 am PT
Lawmakers take trade ministry to task over gasoline shortage

Lawmakers take trade ministry to task over gasoline shortage

The Ministry of Industry and Trade should take responsibility in regulating the fuel market instead of pushing this task on other government bodies, lawmakers said Wednesday.
November 2, 2022 | 03:58 am PT
Nearly 20% of HCMC gasoline stations face shortage

Nearly 20% of HCMC gasoline stations face shortage

As many as 108 of 550 fuel stations in Ho Chi Minh City, or nearly 20% of the total, are recording an inventory shortage.
November 1, 2022 | 02:57 am PT
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