Vietnamplus

Dung Quat oil refinery has raised its capacity to 112% to contribute to reducing pressure on domestic petrol and diesel oil supply.

Petrol prices were kept unchanged in the latest adjustment made on August 22 by the Ministries of Industry and Trade, and Finance, after five consecutive downward adjustments.

Environmental protection tax rates on fuels will be reduced from April 1 under the National Assembly (NA) Standing Committee’s resolution recently signed off by NA Chairman Vuong Dinh Hue.

The People's Committee of Quang Ngai province, home to Binh Son Refinery and Petrochemical Joint Stock Company (BSR), one of the country's largest petrochemical enterprises and the province's key economic lifeline, has reported to the Prime Minister's Office that the country should prioritise the use of gasoline and diesel oil from domestic suppliers and reduce imports in light of crumbling demand during the pandemic.

Indonesia has depended much on imported fossil fuels in recent years, but the country’s Government is working to further reduce the import and phase it out by 2030.

The prices of oil and petrol have been kept unchanged after the latest regular adjustment by Ministry of Finance and the Ministry of Industry and Trade on February 15.

The prices of oil and petrol were kept unchanged following the latest adjustment by the Ministry of Industry and Trade and the Ministry of Finance on July 7.

The Dung Quat Oil Refinery operated by Binh Son Refining and Petrochemical Joint Stock Company (BSR) has been in top ten eco-friendly factories in Vietnam for the second consecutive year.

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.

The Vietnam National Petroleum Corporation (Petrolimex) will be the first to distribute diesel oil with Euro 5 standard in the Vietnamese market from January 1, 2018.

The price of RON 92 decreased by 435 VND per litre from 5:00pm on July 5, according to the latest adjustment of the Ministry of Industry and Trade and the Ministry of Finance the same day.

Prices of oil and petrol products continued to decrease from 3:00pm on May 20, according to the latest adjustment of the Ministry of Industry and Trade and the Ministry of Finance the same day.

The south central province of Khanh Hoa has provided local fishermen with more than 440 billion VND (19.4 million USD) so far this year to support their offshore fishing activities.

The Ministry of Industry and Trade and Ministry of Finance decreased prices of all oil and petrol products from 3:00pm on May 5.

The base prices of RON 92 petrol and E5 bio-fuel fell 200 VND per litre as of 3:00 p.m on July 5 under a joint decision issued by the ministries of Industry and Trade, and Finance earlier in the day.

The prices of RON 92 petrol and E5 bio-fuel increased 518 VND and 551 VND per litre, respectively, as from 5 p.m. on April 5.