Vietnam must invest in building larger fuel reserves Business

Vietnam must invest in building larger fuel reserves

Vietnam must invest to raise its fuel reserve capacity, said economists and policymakers during a conference on April 12 discussing how to encourage investment from the private sector in fuel infrastructure and to stabilise fuel supply and demand.
Banks ensure fuel firms have access to more credit Business

Banks ensure fuel firms have access to more credit

The State Bank of Vietnam (SBV) has issued Document No 1509, asking commercial banks to raise credit limits for a number of fuel firms, particularly those who import extra fuel at the request of the Ministry of Industry and Trade (MoIT).
Fuel supply and demand to be stable in coming time: MoIT Business

Fuel supply and demand to be stable in coming time: MoIT

With current supply capacity, the local shortage of petroleum will be soon resolved, and the supply and demand for the domestic market will be stable, according to Tran Duy Dong, Director of the Domestic Market Department, Ministry of Industry and Trade (MoIT).