VOV.VN - The Vietnamese government has decided to temporarily reduce Most Favoured Nation (MFN) import tariffs on several petroleum products and refining inputs to 0% in an effort to ensure domestic fuel supply and stabilise the market.

Vietnam saw a strong increase in fuel imports in the first two months of this year amid global energy uncertainty triggered by spiralling Middle East tensions.

Global gasoline prices will not fluctuate much in 2025, according to Doan Quyet Tien, an expert from the Vietnam Petroleum Institute (VPI).

Vietnam's exports to Singapore surged by 35.23% in September, maintaining a high year-on-year growth rate in the first nine months of 2024, at 31.55%.

Senegal is considered as a potential market for Vietnamese agricultural products, according to the Ministry of Industry and Trade.

VOV.VN - Vietnam shipped more than 1.1 million tonnes of oil and petroleum abroad for US$961.6 million during the first half of the year, up 1.03% in volume and 2.6% in value compared to the same period from last year.

VOV.VN - Domestic enterprises imported a total of 9.4 million tonnes of petrol, oil, and other petroleum products worth US$7.8 billion over the past 11 months of the year.

VOV.VN - Vietnam imported 6.13 million tonnes of petrol, oil and other petroleum products during the first seven months of this year worth US$4.88 billion, up 12.7% in volume and 14.7% in value compared to the same period last year.

The Vietnam National Petroleum Group (Petrolimex) aims to achieve a pre-tax profit of over VND3.2 trillion (US$139.1 million) this year, up 42% annually.

VOV.VN - Vietnam imported 3.26 million tonnes of oil and petrol worth around US$2.77 billion during the first four months this year, down 4.8% in volume and 16.3% in value year on year, reported the General Department of Vietnam Customs.