September 18, 2011
Vietnam reduced the price of oil products by 2.3 percent late August The Ministry of Finance has turned down a proposal by fuel distributors to raise retail petroleum prices, and asked them to ensure stable supply for the market. Vietnam reduced the price of oil products by 2.3 percent late August, after consumer prices rose [...]
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March 31, 2011
Workers pump fuel for motorcyclists at filling station in downtown Hanoi on March 30, 2011 after a new petrol hike in a month. Vietnam has raised fueld prices for the second time in just over a month Vietnam has raised fuel prices for the second time in just over a month, further stoking concerns about [...]
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January 13, 2010
Petrol distributors’ attempt to raise petroleum product prices by up to 500 dong per litre earlier this week has not been accepted as yet. Under the proposal made by a number of key petroleum importers and distributors, retail prices of petrol and oil products would rise by up to 500 dong per litre. Distributors said [...]
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December 21, 2009
The business of taxis running on compressed natural gas (CNG) cannot develop well without proper government support, industry leaders say. The government needs to have supportive programs like preferential import tax policies for CNG taxi businesses, supporting them in installing devices that can help make the switch from petrol- to gas-based operations, said Tran Viet [...]
Tags: Gas Stations, Gas Taxis, Government, Government Support, Import tax, Natural Gas, petrol, stations, support, taxis, The Business, The government
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December 19, 2009
Shocked by being banned from leaving Vietnam, the former general director of Jetstar Pacific, is working with competent agencies to make clear all of the airline’s matters during his term of office. Mr. Luong Hoai Nam. Former Jetstar Pacific’s General Director banned from leaving VietnamFinance Ministry discloses pay of SCIC officialsBig losses but huge salaries – [...]
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December 17, 2009
VietNamNet Bridge – Petroleum distributors have been called “mean” when they decided two days ago to reduce petrol retail prices by only 350-400 dong per litre. On December 15 the DO oil price in Singapore, the main petroleum supply source for Vietnam, decreased slightly to a level lower by nine dollars than November 20, the day [...]
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December 17, 2009
The Viet Nam National Petroleum Corporation (Petrolimex) yesterday, December 15, became the country’s first petroleum distributor to decrease pump prices . . . A driver fuels up at a Petrolimex petrol station in Ha Noi. (Photo: VNN)As of 3.30pm yesterday, the corporation offered A92 petrol at VND15,950 per litre, VND350 lower than its earlier price. [...]
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December 11, 2009
Tien Phong Daily has roused the public by its revelation of the towering salaries of officials at some money-losing state-owned companies. LookAtVietnam summarizes the series. The SCIC’s headquarters in Hanoi. At a ceremony marking the SCIC’s funding by three state-owned firms subordinate to the Ministry of Agriculture and Rural Development last year, Ta observed that though he [...]
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November 27, 2009
LookAtVietnam – Businesses complain they have suffered heavily from petrol price increases as they dare not raise prices despite higher costs. Taxi firms have suffered heavily from petrol price increases Vo Ba, general director of Future Taxi, said petrol prices have increased twice, but taxi firms still keep the same fee. “They will incur losses [...]
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November 20, 2009
The ministries of Finance and of Industry and Trade gave the approval for petrol and oil dealers to increase retail prices by VND500-1,000 per litre. The new rate increases by VND500 per litre to VND12,700 for fuel oil, VND800 per litre to VND16,300 for A92 petrol, and VND1,000 per litre to VND15,200 for diesel oil [...]
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