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Vietnam’s leading oil retailer seeks multiple partners

Vietnam’s leading oil retailer seeks multiple partners

Vietnam’s second-largest oil retailer, PV Oil, is seeking multiple buyers, instead of a single strategic investor, for a 44.72 percent stake.
Fuel tax to up Vietnam inflation by 1.6 percent

Fuel tax to up Vietnam inflation by 1.6 percent

Vietnam’s inflation will rise when the new environmental tax on fuel comes into effect next year, a report says.
October 11, 2018 | 03:58 pm GMT+7
Vietnam’s fuel deficit to persist despite new refinery

Vietnam’s fuel deficit to persist despite new refinery

The country's refined fuel deficit will still remain though Nghi Son Refinery's imminent start of production is to improve its self-sufficiency.
August 10, 2018 | 03:27 pm GMT+7
Vietnam fuel tax set to rise to highest level

Vietnam fuel tax set to rise to highest level

Proposed tax increase will boost annual collections by $2.4 billion, it is estimated.
July 05, 2018 | 10:28 am GMT+7
Fuel price hike propels Vietnam’s May inflation to record high

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

Inflation could rise even further and cannot be taken lightly, PM cautions.
May 30, 2018 | 04:47 pm GMT+7
Vietnamese carriers far from world’s cheapest, high fuel costs to blame

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.
May 26, 2018 | 02:42 pm GMT+7
Vietnam’s planned environmental tax hike under scrutiny for lack of transparency

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

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

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

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

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

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

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

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
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