Business

Petrol prices cut by 1,900 VND per litre

The price of RON95 gasoline was slashed by 1,900 VND down to 16,270 VND on the afternoon of January 21, according to the Vietnam National Petroleum Group (Petrolimex).
World

Indonesia’s inflation, trade deficit higher than projected

Indonesia’s inflation rate in December 2014 jumped to 8.36 percent year-on-year from 6.23 percent in November and its trade balance swung to a deficit after the country hiked fuel prices by 30 percent, according to the Statistics Indonesia (BPS).
Business

HCM City to sell bio-fuel this month

Starting from November 28, Ho Chi Minh City will sell bio-fuel E5, a mixture of 95 percent petrol and 5 percent ethanol, on a pilot basis at several filling stations around the city, the Saigon Times Daily quoted the municipal Department of Industry and Trade as saying.
Domestic car sales on the rise Business

Domestic car sales on the rise

Falling petrol prices, longer financing arrangements and rising consumer confidence are pushing Vietnamese car buyers towards bigger and more expensive cars.
Society

HCM City prmotes to sell E5 bio-fuel

Representatives of relevant agencies and fuel trading firms in Ho Chi Minh City have met to discuss ways to boost the sale of E5 bio-fuel at more filling stations here in the city, a local newspaper reported.
Petrolimex cuts retail petrol price Business

Petrolimex cuts retail petrol price

The Vietnam National Petroleum Group (Petrolimex) on August 18 reduced the price of RON 92 gasoline by 600 VND (2.8 US cents) to 24,210 VND (1.01 USD) per litre.
Business

Soft drink dodges consumption tax

The Government has agreed with the Ministry of Finance's final draft law and not included carbonated soft drinks to the list of items subject to special consumption tax.
Business

Vietnam's gasoline prices reach record high

State-owned Petrolimex, Vietnam's leading fuel importer and distributor, on July 7 increased the price of 92-octane (92 RON) gasoline by 410 VND to 25,640 VND (1.2 USD) per litre, prompted by jumping world oil prices.