Finance Ministry wants to stay away from fuel pricing role
HCMC – The Ministry of Finance (MOF) has written to the Ministry of Industry and Trade (MOIT), saying it does not want to carry the ball over fuel pricing regulation. In a draft decree amending Decree 95/2021 and Decree 83/2013 on fuel trading and pricing management, the MOIT proposed three
Fuel prices increase for fourth straight time
HCMC – Domestic fuel retail prices continued to rise further from 3 p.m. yesterday, November 11, marking the fourth consecutive hike. RON 95-III gasoline increased by VND1,100 to VND22,870 per liter and E5 RON 92 bio-gasoline rose by VND840 to over VND22,700 per liter. Kerosene is now priced at
Fuel prices rise again
HCMC – The Ministries of Finance and Industry-Trade decided to revise up fuel prices from 3 p.m. today, October 21, the second increase after four straight cuts. RON 95-III gasoline increased by some VND340 to VND22,347 per liter and E5 RON 92 bio-gasoline rose VND200 to VND21,492 per liter.
Two firms investigated for late fuel price stabilization fund transfers
HCMC – The Ministry of Public Security has launched a probe into two fuel firms for their delays in transferring a combined VND24 billion to the fuel price stabilization fund. The Ministry of Industry and Trade today, October 21, said that upon receipt of documents from the ministry, the police
