Tag: price-stabilisation
VND8 trillion advanced to petrol price stabilisation fund
Prime Minister Pham Minh Chinh has issued Decision No. 483/QD-TTg approving an additional VND8 trillion (US$303.74 million) from the 2026 State budget estimate for advance funding for the fuel price stabilisation fund.
MoF proposes halving environmental tax on fuel to ease price pressures
VOV.VN - The Ministry of Finance (MoF) has proposed cutting the environmental protection tax on petrol and oil products by up to 50% in an effort to reduce domestic retail fuel prices and ease cost pressures on businesses and consumers.
Domestic fuel prices surge again, RON95 exceeds VND30,000 per litre
VOV.VN - Vietnam’s retail fuel prices rose sharply again from 11:00 PM on March 19, with RON95, the most commonly used petrol, exceeding VND30,000 per litre for the first time in recent adjustments, reflecting continued upward pressure from global markets.
Retail fuel prices move in mixed directions in latest adjustment
VOV.VN - Retail fuel prices in Vietnam moved in mixed directions from 10 p.m. on March 12 after the latest adjustment by the Ministry of Industry and Trade and the Ministry of Finance.
Petrol prices plunge to VND25,000/l after nearing VND30,000 a day earlier
VOV.VN - Petrol prices in Vietnam dropped sharply by nearly VND4,000 per litre on the evening of March 11, retreating to around VND25,000 per litre just a day after surging close to the VND30,000 mark.
New regulations on stabilising fuel retail prices drafted
The Ministry of Industry and Trade of Vietnam has proposed a mechanism allowing the use of the Fuel Price Stabilisation Fund to stabilise domestic fuel retail prices if they rise sharply and threaten economic stability.
Post-Tet market stabilises as supplies remain abundant nationwide
VOV.VN - As of February 21 (the fifth day of the Lunar New Year - Tet 2026), the market for essential goods has largely returned to normal operations, according to the Domestic Market Management and Development Agency under the Ministry of Industry and Trade.
Petrol prices fall below VND19,000/l for fourth consecutive week
VOV.VN - The Ministry of Finance and the Ministry of Industry and Trade have announced a downward adjustment of petrol and oil prices, bringing petrol below VND19,000 per litre starting 3 p.m. on December 31.
Domestic petrol prices rise slightly after two consecutive drops
VOV.VN - Vietnam’s domestic petrol prices were adjusted upward at 3:00 PM on July 31, following two consecutive rounds of price cuts in previous weekly reviews.
Petrol prices surge, RON 95 exceeds VND21,000 per litre
VOV.VN - In the latest price adjustment on June 19, domestic fuel prices saw a sharp increase, with RON 95 exceeding VND21,000 per litre.