Posts Tagged ‘ Incurring The Loss ’

Distributors attempting to raise petrol price by another 1,000 dong

August 27, 2009
Distributors attempting to raise petrol price by another 1,000 dong

LookAtVietnam – Seven petrol importers and distributors are seeking permission from compentent ministries to raise the retail price of petrol by 1,000 dong per litre. The importers say that as the crude oil price in the world keeps rising sharply, if they do not raise the sale price, they will continue incurring the loss of [...]

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Tax slashed, petrol price remains stationary

February 20, 2009
Tax slashed, petrol price remains stationary

VietNamNet Bridge – The Ministry of Finance has slashed the petrol tax by another 5% to 20% in an effort to help ease the burden on petrol distributors. Petrol distributors said that the tax reduction has not surprised them. Prior to that, distributors reported to the state management agencies that they were incurring heavy losses [...]

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Feature

Vietnam, Cuba foreign ministries to bolster ties

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Vietnam’s top diplomat has affirmed that the Foreign Ministry will closely cooperate with its Cuban counterpart to implement the agreements reached by the two...