Public transport ridership in Ho Chi Minh City has surged to 340,000 trips per day this March as commuters switch to the metro and buses to offset rising fuel prices caused by conflicts in the Middle East.
Vietnam’s aviation sector is facing mounting cost pressures as it prepares for the long Reunification Day (April 30)–May Day (May 1) holiday and the summer travel peak, with surging fuel prices posing a critical challenge to fare management and operational sustainability.
VOV.VN - The Ministry of Construction has instructed the Civil Aviation Authority of Vietnam (CAAV) to develop operational scenarios for the aviation sector amid volatile Jet A1 fuel prices and potential supply disruptions.
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.
VOV.VN - The Politburo of the Communist Party of Vietnam has called for the synchronised implementation of multiple measures to ensure fuel supply and stabilise petroleum prices amid increasing global volatility.
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.
The Ministry of Construction has proposed a range of measures to stabilise transport operations and logistics costs, as conflict in the Middle East is disrupting international aviation and shipping routes and pushing up global fuel prices.
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.
VOV.VN - Recent fluctuations in fuel prices have raised travel costs, leading many people in major cities to adjust their commuting habits.
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.