December 31, 2011
A motorbike on fire in Hanoi on October 12 Tests on gasoline samples suspected of being related to recent vehicular fires in Vietnam revealed no excessive additives which might have caused the blazes, Tuoi Tre reported Saturday. The newspaper quoted Tran Van Vinh, deputy chief of the Directorate for Standards, Metrology and Quality, as saying [...]
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September 23, 2009
LookAtVietnam – Vietnam should develop a market-based fuel pricing system and stop focusing on revenues for the state budget, said local fuel traders seeking for more freedom in doing business.Bui Ngoc Bao, general director of state-owned Petrolimex, which holds up to 60 percent of the market share, said although the government has stopped subsidizing fuel [...]
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September 22, 2009
Vietnam should develop a market-based fuel pricing system and stop focusing on revenues for the state budget, said local fuel traders seeking for more freedom in doing business. Bui Ngoc Bao, general director of state-owned Petrolimex, which holds up to 60 percent of the market share, said although the government has stopped subsidizing fuel prices [...]
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June 30, 2009
One year ago, when the world’s oil price peaked at $147 per barrel, the domestic petrol price was 19,000 dong per litre. Now the figures are $70 and 13,500 dong per litre, respectively. Since the beginning of April, the domestic petrol price has increased four times by 2,500 dong per litre in total, or 22 [...]
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