Diesel oil records near 10,000-VND-per-litre drop on April 9
In the latest price adjustment, at 3:30pm on April 9, domestic fuel prices were cut across the board, with diesel posting the steepest decline, falling by nearly 10,000 VND per litre.
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Finance Ministry proposes cutting petrol and oil import tariffs to 0%
The Ministry of Finance has submitted a document to the Ministry of Justice requesting an appraisal of a draft decree amending the most-favoured-nation (MFN) import tariff rates on several petroleum products and raw materials used in fuel production. This move is aimed at responding to global energy supply fluctuations and stabilising the domestic market.
Retail petrol prices rise in January 29 adjustment
The Ministry of Finance and the Ministry of Industry and Trade announced the latest fuel price adjustment, effective from 3:00 pm on January 29, with most oil and petrol products seeing increases.