Saturday, May 25, 2019 - 5:52:57

global oil prices

Investor caution slows trading

Business

Investor caution slows trading

Stocks continued to climb on December 26 on the HCM City Stock Exchange, propped up by blue chips, but liquidity remained modest due to cautious trading.

Falling shares defy investor optimism

Business

Falling shares defy investor optimism

It was expected that shares on December 19 would continue to rally following the previous day’s gains, along with the overnight rise of global oil prices and important indexes, but the reverse has occurred.

Vietnam enjoys strong growth and investor appeal

Business

Vietnam enjoys strong growth and investor appeal

A healthier banking sector with fewer non-performing loans and increased net exports will support strong GDP growth of 5.4 percent in Vietnam this year which will accelerate to 5.7 percent in 2015 and 2016, the Vietnam Investment Review reported on March 10.

Petrol price drops on global decline

Business

Petrol price drops on global decline

Fuel distributors in Vietnam on April 18 reduced the retail price of 92-octane petrol by 1.7 percent to 23,640 VND (1.13 USD) per litre and trimmed prices of several other oil products, the second cut in less than 10 days.

Petrol price drops on global decline

Business

Petrol price drops on global decline

Fuel distributors in Vietnam on April 18 reduced the retail price of 92-octane petrol by 1.7 percent to 23,640 VND (1.13 USD) per litre and trimmed prices of several other oil products, the second cut in less than 10 days.

Scandal fallout clouds stock market

Business

Scandal fallout clouds stock market

Declining shares for a second day on the nation’s stock exchanges Aug. 22 confirmed the fears of analysts that the arrest of banking tycoon Nguyen Duc Kien on fraud charges will continue to have a negative impact on the market.

Petrol pricing practices set to be inspected

Business

Petrol pricing practices set to be inspected

The Ministry of Finance has set up three teams to audit pricing practices of the country's four leading petroleum distributors, Petrolimex, PetroVietnam Oil Corporation, Sai Gon Petro Co Ltd and Dong Thap Petroleum Trading Co Ltd (Petimex).

Minister refutes fuel price rise rumours

Business

Minister refutes fuel price rise rumours

Minister of Industry and Trade Vu Huy Hoang has denied rumours that an additional increase in petrol prices was imminent, prompting many people throughout the country to buy petrol for reserve.

Petrol dealers to cut prices

Business

Petrol dealers to cut prices

The Ministry of Finance has called on fuel retailers to reduce prices, but will allow them to use resources from the fuel stabilisation fund to offset losses incurred through fluctuating global oil prices.

Petrol prices rise for second time in month

Business

Petrol prices rise for second time in month

Retail petrol prices rose 1,000 VND (0.06 USD) per litre on August 30, with A92 petrol increasing to 15,700 VND (0.84 USD) per litre and diesel fuel to 13,100 VND (0.74 USD) – marking the second hike in petrol prices in August alone and the seventh since early this year.