While the reduced environmental protection tax lowered petrol prices from April 1, most transport enterprises are struggling.

VOV.VN - The consumer price index (CPI) in the first quarter of the year rose by 1.92%, representing the lowest increase since 2017, with the exception of 2021, although the inflationary pressure will remain high until the end of the year, according to a senior statistician.

VOV.VN - Petrol prices tumbled more than VND1,000/litre on April 1 after environmental protection tax rates were axed by VND2,000/litre, which were in effect the same day.

VOV.VN - The recent surges in the price of food and petrol has led to the consumer price index (CPI) to rise by 1.92% in the first quarter of the year while core inflation also soared by 0.81%, the General Statistics Office (GSO) announced on March 29.

Retail petrol prices reduced by more than VND600 per litre from 3pm on March 21 following the latest adjustment by the Ministry of Industry and Trade and the Ministry of Finance.

The government has viewed price control of key commodities, such as petrol, steel, concrete, transport, livestock feed, food and medical equipment, as a top priority, said Deputy Prime Minister Le Minh Khai in a meeting with ministries and local authorities on March 14.

VOV.VN -Petrol prices continued to rise during the latest adjustments made by the Ministry of Industry and Trade and the Ministry of Finance at 15:00 p.m. on March 11, climbing by roughly VND3,000 per litre.

VOV.VN - Motorists on March 10 formed long queues, creating chaos at many petrol stations in the capital following the announcement that petrol prices will increase sharply to VND30,000 per litre the following day.

VOV.VN - Increasing petrol prices caused by the Russia-Ukraine conflict have forced residents in major cities such as Hanoi and Ho Chi Minh City to change their behaviour in order to adapt to the new situation.

The Ministry of Industry and Trade (MoIT) has instructed relevant agencies to ensure the supply of petrol, MoIT Deputy Minister Do Thang Hai said at the Government’s regular press conference for February on March 3.