Keyword: "fuel price"

In Hanoi, the decisive implementation of socio-economic development programmes from the start of the year helped sustain growth, with GRDP rising 7.87% year-on-year in the first quarter.

To deal with fuel prices, the Civil Aviation Authority of Vietnam (CAAV) just proposed raising air service prices on domestic routes to the Ministry of Transport (MoT).

About 80-90 percent of fixed-route transport firms have adjusted their fares up by 10-15 percent to offset mounting fuel costs, according to a Ministry of Transport (MoT) report submitted to the Prime Minister, assessing the impact of higher fuel prices.

The prices of all kinds of fuel increased as from 15:00 of April 7 following a joint decision of the Ministry of Finance and Ministry of Industry and Trade.

Businesses are trying to keep the prices of consumer goods down despite recent fuel price hikes.

Southern cities and provinces are ready to switch from the RON92 grade petrol to E5 biofuel starting next year, but concerns remain over its pricing and consumer preference.

Special consumption tax must be adjusted to avoid a serious budget deficit when fuel import tax is cut in line with various trade agreements Vietnam has signed.

The retail price of a 12 kg cooking gas canister in Ho Chi Minh City and southern localities climbed by 19,000 VND (0,85 USD) to nearly 300,000 VND (13.44 USD) per canister from November 1.

The prices of RON 92 petrol and bio-fuel E5 rose 172 VND and 160 VND per litre, respectively, from 4:30 pm on October 5.

The prices of RON 92 petrol and bio-fuel E5 were raised 702 VND (0.31 USD) and 611 VND 0.27 USD) per litre from 3:00 pm on September 5.

Vietnam’s consumer price index (CPI) in the first half of the year saw a slight rise at an average of 0.39 percent each month, reported the General Statistics Office (GSO) on June 24.

Ministry of Transport will require transportation businesses to slash transport fees within five days of the fuel price reduction, a senior official from the ministry said.