Business

Gas climbs to highest price this year

The retail price of gas surged by 30,000 VND (1.44 USD) per 12kg canister of household gas from May 1 – the highest price increase this year, according to the Vietnam Gas Association.
Business

Lower gas import duty urged

The Vietnam Gas Association has recommended the Ministry of Finance cut the import tax on liquefied petroleum gas (LPG) from the current 5 percent to 2 percent to force domestic LPG traders to drop their retail prices, said the association’s chairman Nguyen Si Thang.