Tuesday , November 5 2024

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Environment tax cut brings gasoline prices down

Environment tax cut brings gasoline prices down

Gasoline prices were cut by over VND1,000 (4.3 U.S. cents) Friday after the environment tax was halved. The popular RON 95 variety and biofuel E5 RON 92 have become 3.6 percent cheaper at VND28,150 and VND27,300. But the prices of kerosene, diesel and mazut were adjusted upward by 2.4-6.4 percent. …

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Vietnam faces electricity shortages from April

Vietnam faces electricity shortages from April

Vietnam may face a power shortage from April due to tight coal supplies, Vietnam Electricity (EVN) reported. Some thermal power plants are operating at 60-70 percent capacity, which has led to a decline in electricity supply as high-demand season nears. The decline in power production is seen at Nghi Son …

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