VOV.VN - The retail prices of petrol and oil witnessed a reduction as of 3 p.m. on July 1 following the latest price adjustments which were jointly carried out by the Ministry of Industry and Trade and the Ministry of Finance.
Vietnam’s economic growth accelerated faster than expected in the second quarter of this year, as a recovery in exports and manufacturing helped offset risks from coronavirus outbreaks and rising oil prices, Bloomberg reported.
VOV.VN - The Ministry of Finance (MoF) has put forward a proposal to impose a maximum reduction to the environmental protection tax placed on fuel products in an attempt to curb retail petrol and oil prices that have kept rising over the past months.
VOV.VN - The Ministry of Finance has put forward a proposal to abandon the petrol and oil price stabilisation fund in the pricing bill (revised) and is currently gathering public opinions on the matter.
VOV.VN - The retail price of petrol RON95 in Vietnam is likely to surpass the VND32,000/litre mark when the government adjusts domestic petrol and oil prices periodically.
VOV.VN - Domestic petrol prices set a new record of VND31,578 per litre following adjustments made by the Ministry of Finance and the Ministry of Industry and Trade as of 3 p.m. on June 1.
VOV.VN - The Hong Kong & Shanghai Banking Corporation (HSBC) has moved to lower Vietnam’s GDP growth rate for the year from the previously-projected 6.5% to 6.2% amid fears of rising oil prices globally.
VOV.VN - Trade Minister Nguyen Hong Dien on March 16 played down legislators’ worries about petroleum supply disruption due to global price volatility, saying Vietnam has a sufficient supply of petroleum products for local consumption.
VOV.VN - The ongoing Russia-Ukraine conflict has led to a significant rise in oil prices, fueling production costs which have affected many industries and reduced the competitive advantages of Vietnamese enterprises, according to industry insiders.
VOV.VN - Minister of Industry and Trade Nguyen Hong Dien and Minister of Natural Resources and Environment Tran Hong Ha will be questioned over issues of people concern at the ongoing ninth session of the National Assembly Standing Committee.