Tag: oil prices
.jpg)
Local firms seek to cushion Russia-Ukraine conflict impact
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.
Two Cabinet members to be grilled over burning issues
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.
Banking sector optimistic despite ongoing conflict in Europe
It's too early to tell how the ongoing Russia-Ukraine conflict will affect Vietnam's banking sector, said industry experts.
Local petrol prices drop sharply after five consecutive hikes
VOV.VN - Domestic retail prices of petrol and oil dropped considerably as of 3 p.m. on November 25, according to a joint announcement by both the Ministry of Industry and Trade and the Ministry of Finance.
Oil and gas firms suffer drop in Q3 profit due to COVID-19 impacts
Despite the recovery of petrol prices, profits of many businesses in the oil and gas sector dropped in the third quarter of this year due to impacts of the COVID-19 pandemic.
Oil and gas companies recover strongly in Q1 from last year's losses
Surging international crude oil price on improving demand has helped many oil and gas companies record big profits in the first quarter of this year, after losing in 2020.
Good governance helps PetroVietnam achieve impressive growth
The Vietnam Oil and Gas Group (PetroVietnam) enjoyed impressive production and business results in the first four months of 2021, thanks to its efforts to address bottlenecks to stimulate production and improve governance, besides an increase in oil prices.
PetroVietnam must continue as role model: PM
Prime Minister Nguyen Xuan Phuc on January 11 said the Vietnam Oil and Gas Group (PetroVietnam) needs to remain a role model in expanding markets, optimising opportunities, connecting investment, and reviving growth, among other matters.
Petrol, oil prices record sharp drop from Nov. 11
VOV.VN - The Ministry of Industry and Trade and the Ministry of Finance have announced plans to revise petrol and oil prices, with new rates starting to drop considerably as of 3 p.m. on November 11.
Petrol prices see slight increase amid decline in oil prices
VOV.VN - The Ministry of Industry and Trade and the Ministry of Finance has revised the price of petrol to give it a slight increase, while oil products, with the exception of mazut, witnessed a decrease as of 3 p.m. August 27.
