Fuel shortage drags on in Can Tho, Binh Duong
HCMC – The fuel shortfall continued to linger in the southern province of Binh Duong and the Mekong Delta city of Can Tho, forcing local retailers to put up “out of stock” notifications. The shortage was caused by an inadequate supply from fuel wholesalers. The Vietnam News Agency reported that
Ministry seeks feedback on fuel management and regulations
HCMC – To mitigate the ongoing fuel shortage, the Ministry of Industry and Trade has drafted two official dispatches on the management and regulations on trading fuel and sent them to authorities. In the documents, the ministry asked for feedback from provincial and municipal governments and
Petrolimex gas stations in Hanoi stay open 24/7
HCMC – The Vietnam National Petroleum Group (Petrolimex), the nation’s leading fuel trading company, has said it is keeping its all gas stations in Hanoi open 24/7 to meet the strong demand for gasoline. From now until November 13, all 96 Petrolimex gas stations in Hanoi are open round the clock.
HCMC proposes establishing fuel market monitoring team
HCMC – The HCMC Department of Industry and Trade has written to the city government proposing setting up a team in charge of tackling issues with fuel supply in the city. The team will be responsible for monitoring the fuel market, proposing solutions to tackle shortcomings in the fuel supply
PM orders swift action amid short supply of fuel
HCMC – The prime minister has issued a telegram ordering the relevant ministries and agencies to take swift action to cope with the ongoing fuel supply disruptions. The prime minister asked the Ministry of Industry and Trade to promptly review fuel trading regulations and propose supplementing and
NA deputies say relevant ministries must bear responsibility for fuel dearth
HCMC – The ongoing short supply of gasoline on the local market is an unusual phenomenon, requiring higher responsibility from the relevant ministries and agencies, National Assembly (NA) deputies told local reporters today, November 2. NA deputy Tran Van Lam, a NA Finance and Budget Committee
Local fuel prices rise further
HCMC – Domestic fuel retail prices were revised up VND120-410 per liter or kilogram today, November 1, according to an announcement jointly issued by the ministries of Industry-Trade and Finance. This is the third upward fuel price adjustment since mid-October. RON 95-III gasoline now sells for
Gasoline queues
Stabilizing the commodity market and consumer sentiment is of paramount importance to growth and consumption. The recent past saw long queues of people at gas stations as supply fell short, which triggered worries about fuel market chaos. The phenomenon, however, offers an insight into
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