Tag: Petrol prices
Ministry proposes reducing tax on imported petrol
The Ministry of Finance (MoF) has proposed the Government cut the most favoured nation (MFN) tariff on unleaded petrol from the current rate of 20% to 12%.
Petrol prices down by VND830 per litre
VOV.VN - The retail price of petrol fell by more than VND830 per litre as of 3 p.m. on April 12 following the latest adjustments made by the Ministry of Industry and Trade and the Ministry of Finance.
Businesses continue to struggle with petrol prices
While the reduced environmental protection tax lowered petrol prices from April 1, most transport enterprises are struggling.
Inflationary pressure set to build up until year end, says official
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.
Petrol prices fall on environmental tax reduction
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.
Escalating food and petrol prices push up CPI to 1.92% in Q1
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.
Petrol prices down by VND600 per litres after seven hikes
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.
Government views price control of key commodities as top priority
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.
Petrol prices hit new record high
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.
Hanoians head to pumps amid increasing petrol prices
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.
