PM urges state-owned energy group to ensure sufficient supplies
A decision is set to be made in September on the Dung Quat oil refinery expansion project, estimated at an investment capital of US$1.26 billion.
17:25, 2022/08/09
Vietnamese Gov’t halves MFN tariff on petrol products to 10%
Such a move will help Vietnam diversify oil import sources from China, the US, and the Middle East, and avoid dependence on certain partners amid growing global uncertainties.
11:41, 2022/06/02
NA deputies call for lower taxes to curb petrol prices
Experts said Vietnam should build up the national reserve, which will enhance the country’s resilience against the volatile prices in the global market.
17:23, 2022/03/23
Vietnam parliament agrees to 50% cut in environmental protection tax on fuel
The tax cut period will last between April 1, 2022, and December 31, 2022.