July 17, 2011
Expectations that lower global prices would benefit consumers have been belied A worker pumps petrol to a motorcycle at a gas station in Hanoi. Vietnam raised retail fuel prices in late March and has left them unchanged since. When the government decided in March that local petroleum prices will be adjusted in line with [...]
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March 28, 2011
A delivery man carries an LPG cylinder on a motorbike in Ho Chi Minh City Retail prices for liquefied petroleum gas (LPG) in Vietnam have increased by about 4 percent after the country temporarily halted operation at the Dung Quat during an equipment check. Ho Chi Minh City-based Saigon Petro said a 12-kilogram cylinder of LPG now costs VND343,000. The [...]
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May 28, 2009
Truck drivers who transport petrol from Cat Lai Port, HCM City, frequently stop at huts along Le Phung Hieu road to sell petrol. VietNamNet discovered more. A driver was stealing petrol. Stealing petrol At 9am, the first tank trucks leave Cat Lai Port, HCM City. At that time, huts along Le Phung Hieu road also start working. [...]
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March 19, 2009
Though the world’s petroleum prices have been decreasing significantly, domestic distributors are seemingly determined not to cut retail prices. Some experts have called for an inquiry to find out if the distributors are violating the competition law. In the latest news, on March 18, Saigon Petro said it has sent a document to the Price [...]
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February 21, 2009
Prime Minister Nguyen Tan Dung called for measures to control markets and punish any breach of price regulations, especially for essential goods. Customers buying pork at a supermarket in HCM City. PM Nguyen Tan Dung has urged relevant agencies to strengthen price controls, especially for essential commodities. LookAtVietnam – Prime Minister Nguyen Tan Dung called [...]
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