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Fuel price hike propels Vietnam’s May inflation to record high

Inflation could rise even further and cannot be taken lightly, PM cautions.

Vietnamese carriers far from world’s cheapest, high fuel costs to blame

Vietnam is ranked 15th in the list of cheapest average airfare per kilometer ranked by country.

Vietnam’s planned environmental tax hike under scrutiny for lack of transparency

While industry experts worry about losses, economists demand to know how the tax money will be spent.
May 20, 2018 | 09:00 am GMT+7

Proposed environmental tax on coal would inflate electricity price: expert

The environmental tax is hoped to reduce Vietnam’s carbon emissions but industry experts worry it would undermine the coal mining industry.
May 19, 2018 | 11:39 am GMT+7

Vietnamese government approves fuel tax hike proposal in fight against pollution

Pending Vietnam’s parliamentary approval, the hike will go into effect from July 1.
May 17, 2018 | 11:18 am GMT+7

Vietnam plans to hike fuel taxes in fight against pollution

The proposed hike has raised concerns over aggravated costs for businesses and consumers.
April 05, 2018 | 03:00 am GMT+7

Fuel tanker erupts in giant explosion in northern Vietnam

According to an initial investigation, a fuel pump malfunctioned, causing the explosion.
March 11, 2018 | 01:46 pm GMT+7

Vietnam's Nghi Son oil refinery ready for start-up from Feb. 28

The 200,000 barrel-per-day Nghi Son plant along with Dung Quat will help Vietnam meet 80 percent of its fuel demand.
February 27, 2018 | 08:56 am GMT+7

Oil rises to mid-2015 high in strongest year opening since 2014

It was the first time since January 2014 that both crude oil benchmarks opened the year above $60 per barrel.
January 02, 2018 | 10:35 am GMT+7

Vietnam fuel distributors to shift to ethanol blend this week

The country has been pushing for the E5 mixture as ethanol can be produced from cassava, making it renewable.
December 12, 2017 | 08:59 am GMT+7

Vietnam plans to spend over $6 bln for crude oil, fuel storage

The country wants to enhance its energy security as crude imports have jumped while domestic production is on the decline.
July 28, 2017 | 02:37 pm GMT+7

Vietnam's fuel imports may drop as Dung Quat oil refinery tax cut finally felt

Lower tax will help boost 2017 Dung Quat output by 20 percent.
July 26, 2017 | 09:18 am GMT+7

Vietnam fuel group says customers should cough up for environment tax hike

But a former trade official warns tax hikes will draw 'reactions' from consumers and might affect consumption.
May 16, 2017 | 07:00 pm GMT+7

Thais, Cambodians caught smuggling diesel oil in Vietnam's waters

The crews of 26 people from Cambodia and Thailand aboard three boats were caught last week for transferring diesel oil off Vietnam's southern coast.
April 25, 2017 | 09:54 am GMT+7

Vietnam oil product prices slashed by highest margin since Jan 2016

The government is trying to curb inflation in 2017, and lower fuel prices might help it meet the annual target. 
March 22, 2017 | 03:09 pm GMT+7
 
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