The Vietnam National Petroleum Group (Petrolimex) is accelerating efforts to expand the rollout of E10RON95 biofuel nationwide, aiming to fully replace mineral pertrol ahead of schedule.
More than 60% of international airlines have either increased or are planning to increase airfares from mid-March, as surging fuel costs continue to put pressure on the global aviation industry, according to the Civil Aviation Authority of Vietnam (CAAV).
VOV.VN - The Vietnamese Embassy in Israel issued an urgent notice to the Vietnamese community living, studying and working in the country in Tel Aviv on the afternoon of March 22 (local time), as the security situation remains complex.
Rising geopolitical tensions in the Middle East are disrupting global shipping routes and pushing up logistics costs, forcing businesses in Ho Chi Minh City to adjust production plans, diversify markets and seek new supply sources.
VOV.VN - Prime Minister Pham Minh Chinh has directed authorities to ensure sufficient energy supply, particularly petroleum, for production, business activities and people’s daily consumption under all circumstances, amid growing global uncertainties linked to Middle East tensions.
VOV.VN - Escalating tensions in the Middle East are posing significant challenges to global supply chains, but also serving as a critical test of resilience and adaptability for Vietnam’s agriculture sector, according to Minister of Agriculture and Environment Tran Duc Thang.
VOV.VN - Eighteen vessels owned by Vietnamese companies operating in the Middle East have remained safe so far, according to the Vietnam Maritime and Waterway Administration on March 20.
VOV.VN - Prime Minister Pham Minh Chinh on March 19 signed a directive to strengthen energy efficiency, promote the energy transition and accelerate the development of electric transport in Vietnam.
Spokesperson of the Ministry of Foreign Affairs Pham Thu Hang provided updates on consular protection for Vietnamese citizens in the Middle East at the ministry’s regular press briefing on March 19.
The conflict in the Middle East is a major shock to the global energy market, pushing prices skyward and making supply security a top concern, said Shan Saeed, Global Chief Economist at Malaysia-based international real estate firm IQI Juwai, adding that the impact on Vietnam remains cyclical and manageable.