The industrial production index in the first eight months of 2019 saw good growth of 9.5 percent year on year, according to figures released by the General Statistics Office (GSO).
The price of petrol is kept unchanged on the latest regular adjustment of petrol and oil prices on August 28.
Prices of oil and petrol slightly dropped by 300 VND per litre following the latest adjustment of the Ministry of Industry and Trade and the Ministry of Finance on June 22.
The Ministry of Finance has proposed a rise of environmental protection tax on petrol to the ceiling level of VND4,000 (17 US cent) per litre from the current VND3,000 (13 US cent) per litre.
The prices of oil and petrol are kept unchanged after the latest regular review by the ministries of Industry and Trade and Finance on March 8.
The Ministry of Finance (MoF) is going ahead with its plan to increase environmental protection tax on petroleum from the current VND1,000-4,000 to VND3,000-8,000 per litre, despite objections from other ministries and the public.
The Ministry of Industry and Trade on July 6 worked with petrol wholesalers on the roadmap to replace RON 92 petrol with E5 bio-fuel from 2018.
VOV.VN - The average price of a litre of RON 92 and E5 bio-petrol rose one cent nationwide to US$.76 (VND17,366) and US$.75 (VND17,154), respectively, effective as of 3pm today (June 5).
The Vietnamese government is drafting an amendment to the law on environmental protection tax, which includes a proposal to more than double the current tax on gasoline.
The prices of RON 92 petrol and bio-fuel E5 remained unchanged while diesel price 0.05S increased slightly in the first regular adjustment of petrol prices in 2017 as from 4:00 pm on January 4.
VOV.VN - The Vietnam Oil and Gas Group, whose international transaction name is Petrovietnam, or PVN for short, announced on August 22 that it has signed an agreement with Total E&P Myanmar Ltd to supply oil rigs.
The consumer price index (CPI) in Hanoi continued to go up in June, the sixth consecutive month of growth, the municipal Statistics Office (GSO) reported on May 22.
Hanoi recorded a slight increase in the consumer price index (CPI) in May compared to the previous month, the municipal Statistics Office said, but it did not provide the exact figure.
E5 petrol producers and distributors need more State support to sell the product on the local market due to the numerous difficulties they face, the Vietnam Petroleum Association said.
The joint working group of the Ministries of Industry and Trade and Finance has raised diesel price but kept that of petrol unchanged in their latest regular oil and petrol base price adjustment on April 20.
The prices of RON 92 petrol and E5 bio-fuel increased VND670 and VND570 per litre, respectively, as of 4:30 p.m. on March 21.
At least 40,000 liters of gasoline been leaked into the Tien River, a tributary to the Mekong River in Tien Giang Province, after a collision with a gas tanker on December 15.
The domestic retail price of petroleum was reduced by VND136, bringing it to VND18,003 (80 US cents) per litre as of 3pm on October 19, the Ministry of Industry and Trade said.
The finance ministry said it would continue to tighten price management over key products such as electricity, coal, petrol and public services in the last months of the year to ensure market stability.