Ministry proposes tax hike on petroleum Business

Ministry proposes tax hike on petroleum

The Ministry of Finance has proposed, in a draft law, almost tripling the environmental protection tax on oil and gas consumption from the current 3,000 VND (0.13 USD) to 8,000 VND per litre. The draft will be submitted to the Government for approval in June and the National Assembly in October.
Petrol price up over 900 VND per litre Business

Petrol price up over 900 VND per litre

The price of RON 92 petrol and E5 bio-fuel increased by 919 VND and 800 VND per litre respectively, from 3:00 pm on December 20. Following a joint decision by the Ministry of Industry and Trade and the Ministry of Finance, the prices of diesel 0.05S and kerosene also saw respective hike of 761 VND and 734 VND per litre.
Petrol prices up over 300 VND per litre Society

Petrol prices up over 300 VND per litre

Retail prices of RON 92 petrol and E5 bio-fuel increased by 304 VND and 301 VND per litre, respectively, from 7:00 pm on December 5, according to the Ministries of Industry & Trade and Finance.
Petrol prices drop over 600 VND per litre Business

Petrol prices drop over 600 VND per litre

The prices of RON 92 petrol and bio-fuel E5 dropped 604 VND and 593 VND per litre, respectively, from 3:00 pm on August 4, according to the Ministry of Industry and Trade and the Ministry of Finance.